JPMorgan Chase & Co. Purchases 65,583 Shares of Proto Labs, Inc. $PRLB

JPMorgan Chase & Co. raised its holdings in shares of Proto Labs, Inc. (NYSE:PRLB) by 301.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 87,339 shares of the industrial products company’s stock after acquiring an additional 65,583 shares during the quarter. JPMorgan Chase & Co.’s holdings in Proto Labs were worth $4,370,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PRLB. NewEdge Advisors LLC increased 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 worth $26,000 after purchasing an additional 738 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Proto Labs during the 3rd quarter valued at approximately $64,000. CWM LLC lifted its stake in shares of Proto Labs by 80.8% during the 3rd quarter. CWM LLC now owns 2,589 shares of the industrial products company’s stock valued at $130,000 after buying an additional 1,157 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Proto Labs by 363.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,806 shares of the industrial products company’s stock worth $112,000 after buying an additional 2,200 shares during the period. Finally, Osaic Holdings Inc. grew its stake in Proto Labs by 477.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,072 shares of the industrial products company’s stock valued at $123,000 after buying an additional 2,540 shares in the last quarter. Institutional investors own 84.54% of the company’s stock.

Proto Labs Stock Down 0.5%

NYSE:PRLB opened at $57.84 on Friday. The business’s 50-day moving average price is $59.29 and its two-hundred day moving average price is $54.18. Proto Labs, Inc. has a twelve month low of $29.58 and a twelve month high of $68.91. The stock has a market cap of $1.37 billion, a P/E ratio of 65.73 and a beta of 1.31.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.35 by $0.09. The company had revenue of $136.49 million during the quarter, compared to analyst estimates of $129.07 million. Proto Labs had a return on equity of 3.19% and a net margin of 3.98%.Proto Labs’s revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, equities research analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PRLB has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a report on Thursday, January 22nd. Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Proto Labs presently has a consensus rating of “Buy” and a consensus price target of $53.33.

Insider Transactions at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $60.00, for a total value of $150,000.00. Following the completion of the transaction, the insider owned 34,526 shares of the company’s stock, valued at $2,071,560. The trade was a 6.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.70% of the stock is currently owned by insiders.

Proto Labs 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.