Proto Labs (NYSE:PRLB) Insider Michael Kenison Sells 2,500 Shares

Proto Labs, Inc. (NYSE:PRLB) insider Michael Kenison sold 2,500 shares of the firm’s stock in a transaction 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 transaction, the insider directly owned 34,526 shares of the company’s stock, valued at $2,071,560. This represents a 6.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Proto Labs Stock Performance

Shares of Proto Labs stock traded down $1.29 during trading on Monday, hitting $65.88. The company’s stock had a trading volume of 523,360 shares, compared to its average volume of 197,464. Proto Labs, Inc. has a 52 week low of $29.58 and a 52 week high of $68.00. The company has a market capitalization of $1.56 billion, a PE ratio of 74.86 and a beta of 1.24. The company has a fifty day simple moving average of $53.10 and a two-hundred day simple moving average of $50.52.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. Proto Labs had a net margin of 3.98% and a return on equity of 3.20%. The business had revenue of $136.49 million for the quarter, compared to analysts’ expectations of $129.07 million. During the same quarter in the prior year, the company earned $0.38 earnings per share. The business’s revenue was up 12.1% compared to the same quarter last year. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, analysts predict that Proto Labs, Inc. will post 0.81 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PRLB shares. Benchmark boosted their target price on Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Zacks Research cut shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $53.33.

Institutional Trading of Proto Labs

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Proto Labs by 51.3% in the first quarter. Royal Bank of Canada now owns 6,510 shares of the industrial products company’s stock worth $228,000 after purchasing an additional 2,207 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Proto Labs by 3.3% during the 1st quarter. AQR Capital Management LLC now owns 63,871 shares of the industrial products company’s stock valued at $2,238,000 after buying an additional 2,040 shares during the period. NewEdge Advisors LLC boosted its stake in shares of 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 buying an additional 738 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Proto Labs in the 2nd quarter worth $472,000. Finally, Nordea Investment Management AB grew its holdings in shares of Proto Labs by 0.6% in the second quarter. Nordea Investment Management AB now owns 249,584 shares of the industrial products company’s stock worth $9,986,000 after acquiring an additional 1,427 shares during the period. 84.54% of the stock is currently owned by institutional investors.

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.