Proto Labs (NYSE:PRLB) Sets New 1-Year High – Here’s Why

Proto Labs, Inc. (NYSE:PRLB)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $79.48 and last traded at $80.9850, with a volume of 179069 shares traded. The stock had previously closed at $78.94.

Wall Street Analysts Forecast Growth

PRLB has been the subject of a number of research reports. Wall Street Zen downgraded Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Monday. Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Weiss Ratings raised Proto Labs from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $53.33.

Proto Labs Stock Performance

The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 75.20 and a beta of 1.39. The company has a fifty day simple moving average of $68.40 and a two-hundred day simple moving average of $60.47.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.14. The firm had revenue of $139.34 million during the quarter, compared to analysts’ expectations of $135.31 million. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 EPS. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. As a group, equities analysts anticipate that Proto Labs, Inc. will post 1.37 earnings per share for the current year.

Insider Buying and Selling at Proto Labs

In other news, Director Sven Wehrwein sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total value of $154,560.00. Following the sale, the director directly owned 32,505 shares in the company, valued at approximately $2,511,986.40. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael R. Kenison sold 16,030 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $1,298,281.67. The trade was a 46.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 25,663 shares of company stock worth $1,804,727. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Proto Labs

Hedge funds and other institutional investors have recently bought and sold shares of the company. Group One Trading LLC acquired a new position in shares of Proto Labs in the 4th quarter worth approximately $25,000. NewEdge Advisors LLC boosted its position in shares of Proto Labs by 7,380.0% during the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 738 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Proto Labs during the 4th quarter valued at about $46,000. Modus Advisors LLC bought a new stake in shares of Proto Labs during the 4th quarter valued at about $57,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Proto Labs during the 3rd quarter valued at about $64,000. Institutional investors own 84.54% of the company’s stock.

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.