Proto Labs (NYSE:PRLB) Stock Price Down 10.7% – What’s Next?

Proto Labs, Inc. (NYSE:PRLB)’s share price traded down 10.7% during mid-day trading on Friday . The stock traded as low as $58.50 and last traded at $57.90. 51,746 shares were traded during trading, a decline of 70% from the average session volume of 172,494 shares. The stock had previously closed at $64.81.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Zacks Research downgraded shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. 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 assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.33.

Proto Labs Trading Down 1.1%

The company’s 50-day moving average price is $60.29 and its two-hundred day moving average price is $55.91. The company has a market cap of $1.52 billion, a P/E ratio of 72.13 and a beta of 1.31.

Proto Labs (NYSE:PRLB) last released its earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.14. The company had revenue of $139.34 million during the quarter, compared to the consensus estimate of $135.31 million. Proto Labs had a net margin of 3.98% and a return on equity of 3.19%. The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter 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, analysts anticipate that Proto Labs, Inc. will post 1.22 earnings per share for the current year.

Insider Buying and Selling at Proto Labs

In other news, insider Michael R. Kenison sold 2,500 shares of the business’s stock in a transaction dated 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 sale, the insider owned 34,526 shares of the company’s stock, valued at approximately $2,071,560. The trade was a 6.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Disciplined Growth Investors Inc. MN boosted its holdings in shares of Proto Labs by 1.9% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock valued at $108,989,000 after buying an additional 51,293 shares during the period. Rubric Capital Management LP boosted its holdings in shares of Proto Labs by 8.6% in the 3rd quarter. Rubric Capital Management LP now owns 1,123,338 shares of the industrial products company’s stock valued at $56,201,000 after buying an additional 89,167 shares during the period. American Capital Management Inc. boosted its holdings in shares of Proto Labs by 126.0% in the 4th quarter. American Capital Management Inc. now owns 631,311 shares of the industrial products company’s stock valued at $31,938,000 after buying an additional 352,015 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Proto Labs by 3.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 460,618 shares of the industrial products company’s stock valued at $23,045,000 after buying an additional 13,488 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Proto Labs by 9.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 363,013 shares of the industrial products company’s stock valued at $18,365,000 after buying an additional 31,585 shares during the period. 84.54% of the stock is owned by institutional investors and hedge funds.

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.