Sven Wehrwein Sells 2,000 Shares of Proto Labs (NYSE:PRLB) Stock

Proto Labs, Inc. (NYSE:PRLBGet Free Report) Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total value of $154,560.00. Following the completion of the transaction, the director owned 32,505 shares in the company, valued at $2,511,986.40. This represents a 5.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Proto Labs Stock Up 0.3%

Shares of PRLB traded up $0.22 during trading hours on Thursday, reaching $74.89. The company’s stock had a trading volume of 157,097 shares, compared to its average volume of 181,668. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 70.65 and a beta of 1.39. Proto Labs, Inc. has a 1-year low of $37.16 and a 1-year high of $78.52. The company has a 50 day moving average of $65.86 and a two-hundred day moving average of $59.09.

Proto Labs (NYSE:PRLBGet Free Report) last issued its earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14. The company had revenue of $139.34 million for the quarter, compared to the consensus estimate of $135.31 million. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. As a group, analysts forecast that Proto Labs, Inc. will post 1.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Proto Labs

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Group One Trading LLC acquired a new position in Proto Labs during the fourth quarter valued at approximately $25,000. NewEdge Advisors LLC grew its holdings in Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 738 shares during the last quarter. NBC Securities Inc. acquired a new position in Proto Labs during the fourth quarter valued at approximately $46,000. Modus Advisors LLC acquired a new position in Proto Labs during the fourth quarter valued at approximately $57,000. Finally, Aquatic Capital Management LLC acquired a new position in Proto Labs during the third quarter valued at approximately $64,000. Institutional investors and hedge funds own 84.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on PRLB shares. Weiss Ratings upgraded Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $53.33.

Check Out Our Latest Research Report on Proto Labs

Proto Labs Company Profile

(Get Free Report)

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.

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