Insider Selling: Proto Labs (NYSE:PRLB) Insider Sells $522,242.58 in Stock

Proto Labs, Inc. (NYSE:PRLB) insider Michael Kenison sold 7,433 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $70.26, for a total value of $522,242.58. Following the completion of the transaction, the insider directly owned 27,186 shares in the company, valued at $1,910,088.36. The trade was a 21.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Proto Labs Stock Performance

Shares of NYSE:PRLB opened at $71.90 on Friday. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 67.83 and a beta of 1.36. The stock’s 50-day simple moving average is $61.59 and its two-hundred day simple moving average is $56.97. Proto Labs, Inc. has a 52-week low of $36.15 and a 52-week high of $73.11.

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

Analyst Upgrades and Downgrades

PRLB has been the topic of a number of analyst reports. Weiss Ratings raised Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $53.33.

Institutional Trading of Proto Labs

A number of large investors have recently added to or reduced their stakes in PRLB. Group One Trading LLC bought a new stake in Proto Labs in the 4th quarter worth approximately $25,000. NewEdge Advisors LLC increased its stake in Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 738 shares during the last quarter. NBC Securities Inc. bought a new position in shares of Proto Labs during the 4th quarter valued at approximately $46,000. Modus Advisors LLC bought a new position in shares of Proto Labs during the 4th quarter valued at approximately $57,000. Finally, Aquatic Capital Management LLC bought a new position in shares of Proto Labs during the 3rd quarter valued at approximately $64,000. Institutional investors own 84.54% of the company’s stock.

About Proto Labs

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.