Somerville Kurt F Takes $8.34 Million Position in Proto Labs, Inc. $PRLB

Posted by Brenda Bartman on Aug 20th, 2026

Somerville Kurt F bought a new position in Proto Labs, Inc. (NYSE:PRLB – Free Report) during the 2nd quarter, Holdings Channel reports. The firm bought 91,953 shares of the industrial products company’s stock, valued at approximately $8,344,000. Proto Labs comprises approximately 2.0% of Somerville Kurt F’s portfolio, making the stock its 20th biggest holding.

A number of other large investors have also bought and sold shares of PRLB. Royal Bank of Canada grew its position in Proto Labs by 51.3% during the 1st quarter. Royal Bank of Canada now owns 6,510 shares of the industrial products company’s stock worth $228,000 after acquiring an additional 2,207 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Proto Labs by 3.3% during the first quarter. AQR Capital Management LLC now owns 63,871 shares of the industrial products company’s stock worth $2,238,000 after purchasing an additional 2,040 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Proto Labs by 7,380.0% in the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after buying an additional 738 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Proto Labs by 68.8% in the second quarter. JPMorgan Chase & Co. now owns 21,756 shares of the industrial products company’s stock valued at $871,000 after buying an additional 8,864 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new position in shares of Proto Labs in the second quarter valued at about $480,000. 84.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PRLB has been the topic of a number of research analyst reports. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Weiss Ratings downgraded shares of Proto Labs from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. Needham & Company LLC upgraded shares of Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a research report on Monday, August 3rd. Benchmark boosted their price objective on shares of Proto Labs from $70.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $89.00.

View Our Latest Stock Report on PRLB

Proto Labs Price Performance

Shares of NYSE:PRLB opened at $82.11 on Thursday. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 65.69 and a beta of 1.40. The company has a 50 day moving average of $80.53 and a 200-day moving average of $69.94. Proto Labs, Inc. has a one year low of $45.10 and a one year high of $93.00.

Proto Labs (NYSE:PRLB – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. The firm had revenue of $149.34 million for the quarter, compared to analysts’ expectations of $144.53 million. During the same period last year, the firm earned $0.41 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. Equities research analysts anticipate that Proto Labs, Inc. will post 1.46 earnings per share for the current year.

Insider Activity at Proto Labs

In related news, Director Sven Wehrwein sold 2,000 shares of Proto Labs stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the sale, the director directly owned 32,505 shares of the company’s stock, valued at $2,511,986.40. The trade was a 5.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by company insiders.

Proto Labs 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.