Lazard Asset Management LLC Grows Stock Holdings in Proto Labs, Inc. $PRLB

Posted by Stanley Muller on Jul 31st, 2026

Lazard Asset Management LLC increased its position in Proto Labs, Inc. (NYSE:PRLB – Free Report) by 31.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 99,333 shares of the industrial products company’s stock after buying an additional 23,759 shares during the quarter. Lazard Asset Management LLC’s holdings in Proto Labs were worth $5,664,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Group One Trading LLC bought a new stake in shares of Proto Labs during the fourth quarter valued at approximately $25,000. NewEdge Advisors LLC grew its stake 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 acquiring an additional 738 shares in the last quarter. NBC Securities Inc. purchased a new position in Proto Labs during the fourth quarter valued at $46,000. Modus Advisors LLC bought a new stake in Proto Labs in the 4th quarter valued at $57,000. Finally, Aquatic Capital Management LLC purchased a new stake in Proto Labs in the 3rd quarter worth $64,000. 84.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wall Street Zen downgraded shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Benchmark increased their price target on Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded Proto Labs from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Finally, Zacks Research cut Proto Labs from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $65.33.

View Our Latest Stock Analysis on PRLB

Insider Activity at Proto Labs

In other news, insider Michael R. Kenison sold 16,030 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $69.49, for a total transaction of $1,113,924.70. Following the completion of the sale, the insider owned 18,683 shares of the company’s stock, valued at $1,298,281.67. This represents a 46.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sven Wehrwein sold 2,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the sale, the director owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,663 shares of company stock valued at $1,804,727 over the last quarter. 1.30% of the stock is owned by company insiders.

Proto Labs Price Performance

Shares of NYSE PRLB opened at $75.26 on Friday. The stock has a market capitalization of $1.79 billion, a P/E ratio of 71.00 and a beta of 1.38. Proto Labs, Inc. has a 1-year low of $40.84 and a 1-year high of $83.15. The business has a fifty day moving average price of $76.94 and a 200 day moving average price of $66.64.

Proto Labs (NYSE:PRLB – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.14. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. The business had revenue of $139.34 million during the quarter, compared to the consensus estimate of $135.31 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Proto Labs, Inc. will post 1.37 earnings per share for the current fiscal year.

Proto Labs Company Profile

(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.