Sven Wehrwein Sells 2,000 Shares of Proto Labs (NYSE:PRLB) Stock

Proto Labs, Inc. (NYSE:PRLB) Director Sven Wehrwein sold 2,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the sale, the director owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Proto Labs Trading Down 2.6%

Shares of NYSE:PRLB opened at $72.85 on Friday. Proto Labs, Inc. has a 1-year low of $37.38 and a 1-year high of $78.52. The business’s 50 day moving average is $66.43 and its 200-day moving average is $59.38. The firm has a market capitalization of $1.73 billion, a PE ratio of 68.73 and a beta of 1.39.

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

Institutional Trading of Proto Labs

A number of hedge funds have recently made changes to their positions in PRLB. Group One Trading LLC bought a new stake in shares of Proto Labs during the 4th quarter worth about $25,000. NewEdge Advisors LLC grew its position in Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after buying an additional 738 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Proto Labs during the 4th quarter worth $46,000. Modus Advisors LLC bought a new position in Proto Labs in the 4th quarter valued at about $57,000. Finally, Aquatic Capital Management LLC bought a new position in Proto Labs in the third quarter valued at approximately $64,000. 84.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on PRLB shares. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings upgraded shares of Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen lowered Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $53.33.

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.