Shares of Proto Labs, Inc. (NYSE:PRLB – Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $53.54 and traded as high as $55.72. Proto Labs shares last traded at $55.22, with a volume of 137,820 shares changing hands.
Analysts Set New Price Targets
A number of brokerages have weighed in on PRLB. Weiss Ratings reiterated a “hold (c-)” rating on shares of Proto Labs in a report on Thursday, January 22nd. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $53.33.
Get Our Latest Report on Proto Labs
Proto Labs Stock Down 0.9%
Proto Labs (NYSE:PRLB – Get Free Report) last announced its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. The firm had revenue of $136.49 million for the quarter, compared to analyst estimates of $129.07 million. Proto Labs had a net margin of 3.98% and a return on equity of 3.19%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, analysts predict that Proto Labs, Inc. will post 0.81 EPS for the current fiscal year.
Insiders Place Their Bets
In other Proto Labs news, insider Michael R. Kenison sold 2,500 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $60.00, for a total value of $150,000.00. Following the transaction, the insider owned 34,526 shares in the company, valued at approximately $2,071,560. This represents a 6.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.70% of the company’s stock.
Hedge Funds Weigh In On Proto Labs
A number of institutional investors have recently modified their holdings of the company. Group One Trading LLC acquired a new stake in Proto Labs in the 4th quarter valued at $25,000. NewEdge Advisors LLC lifted 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. NBC Securities Inc. bought a new position in shares of Proto Labs in the fourth quarter valued at $46,000. Modus Advisors LLC acquired a new position in shares of Proto Labs during the fourth quarter valued at about $57,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Proto Labs during the third quarter worth about $64,000. 84.54% of the stock is owned by institutional investors and hedge funds.
Proto Labs Company Profile
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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