Insider Selling: Proto Labs (NYSE:PRLB) CFO Sells $476,600.00 in Stock

Proto Labs, Inc. (NYSE:PRLB – Get Free Report) CFO Daniel Schumacher sold 5,000 shares of the company’s stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $95.32, for a total value of $476,600.00. Following the sale, the chief financial officer owned 35,019 shares of the company’s stock, valued at $3,338,011.08. This represents a 12.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Daniel Schumacher also recently made the following trade(s):

  • On Thursday, September 17th, Daniel Schumacher sold 4,900 shares of Proto Labs stock. The shares were sold at an average price of $85.21, for a total value of $417,529.00.
  • On Wednesday, September 16th, Daniel Schumacher sold 100 shares of Proto Labs stock. The stock was sold at an average price of $85.00, for a total transaction of $8,500.00.

Proto Labs Stock Down 0.1%

Shares of PRLB stock opened at $96.19 on Monday. Proto Labs, Inc. has a fifty-two week low of $45.10 and a fifty-two week high of $96.92. The firm’s 50 day moving average price is $82.85 and its two-hundred day moving average price is $73.82. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 76.95 and a beta of 1.42.

Proto Labs (NYSE:PRLB – Get Free Report) last issued its earnings results on Friday, July 31st. The industrial products company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The business had revenue of $149.34 million for the quarter, compared to the consensus estimate of $144.53 million. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. On average, equities analysts forecast that Proto Labs, Inc. will post 1.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Weiss Ratings downgraded Proto Labs from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Benchmark upped their price target on Proto Labs from $70.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Needham & Company LLC raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research report on Monday, August 3rd. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen cut shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. Based on data from MarketBeat, Proto Labs presently has a consensus rating of “Buy” and a consensus target price of $89.00.

Read Our Latest Research Report on PRLB

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PRLB. Engineers Gate Manager LP boosted its holdings in Proto Labs by 84.7% in the second quarter. Engineers Gate Manager LP now owns 26,780 shares of the industrial products company’s stock valued at $2,183,000 after purchasing an additional 12,280 shares during the last quarter. Corient Private Wealth LP increased its holdings in Proto Labs by 16.1% during the 2nd quarter. Corient Private Wealth LP now owns 12,427 shares of the industrial products company’s stock worth $1,013,000 after purchasing an additional 1,723 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in Proto Labs by 12.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 5,045 shares of the industrial products company’s stock worth $411,000 after purchasing an additional 555 shares during the last quarter. Turner Financial Group Inc. acquired a new position in shares of Proto Labs in the 2nd quarter valued at approximately $395,000. Finally, Susquehanna Fundamental Investments LLC raised its position in shares of Proto Labs by 227.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 33,760 shares of the industrial products company’s stock valued at $2,752,000 after purchasing an additional 23,435 shares in the last quarter. Institutional investors and hedge funds own 84.54% of the company’s stock.

Proto Labs Company Profile

(Get Free Report)

Proto Labs, Inc (NYSE: PRLB), doing business as Protolabs, is a digital manufacturing company that provides rapid prototyping and on-demand production services. Its platform enables engineers and product developers to upload three-dimensional computer-aided design files, receive automated design analyses and quotes, and order custom parts through a streamlined online process.

The company offers computer numerical control machining, injection molding, 3D printing and sheet-metal fabrication.

Further Reading

Insider Buying and Selling by Quarter for Proto Labs (NYSE:PRLB)

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