Proto Labs, Inc. $PRLB Position Raised by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in shares of Proto Labs, Inc. (NYSE:PRLBFree Report) by 98.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,716 shares of the industrial products company’s stock after acquiring an additional 13,781 shares during the quarter. Quantinno Capital Management LP owned about 0.12% of Proto Labs worth $1,580,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Disciplined Growth Investors Inc. MN boosted its stake in Proto Labs by 1.9% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock valued at $108,989,000 after purchasing an additional 51,293 shares during the period. Rubric Capital Management LP raised its holdings in shares of Proto Labs by 8.6% during the third quarter. Rubric Capital Management LP now owns 1,123,338 shares of the industrial products company’s stock valued at $56,201,000 after buying an additional 89,167 shares during the last quarter. American Capital Management Inc. raised its holdings in shares of Proto Labs by 126.0% during the fourth quarter. American Capital Management Inc. now owns 631,311 shares of the industrial products company’s stock valued at $31,938,000 after buying an additional 352,015 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Proto Labs by 5.4% during the first quarter. Renaissance Technologies LLC now owns 520,251 shares of the industrial products company’s stock worth $29,665,000 after buying an additional 26,700 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Proto Labs by 0.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 463,780 shares of the industrial products company’s stock worth $26,445,000 after buying an additional 3,162 shares during the period. Institutional investors and hedge funds own 84.54% of the company’s stock.

Proto Labs Trading Up 0.4%

NYSE:PRLB opened at $90.80 on Thursday. The company has a 50-day moving average of $79.17 and a 200-day moving average of $68.69. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 72.64 and a beta of 1.40. Proto Labs, Inc. has a twelve month low of $45.10 and a twelve month high of $92.17.

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

Insider Activity

In other news, Director Sven Wehrwein sold 2,000 shares of the business’s 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 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 owned by company insiders.

Analysts Set New Price Targets

Several analysts recently commented on PRLB shares. Needham & Company LLC upgraded 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. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Proto Labs from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Wall Street Zen lowered shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Benchmark raised their target price on shares of Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. 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 company presently has an average rating of “Buy” and an average price target of $89.00.

Check Out Our Latest Analysis on PRLB

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.

See Also

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Institutional Ownership by Quarter for Proto Labs (NYSE:PRLB)

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