128,429 Shares in Proto Labs, Inc. $PRLB Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new stake in Proto Labs, Inc. (NYSE:PRLB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 128,429 shares of the industrial products company’s stock, valued at approximately $6,425,000.

Several other hedge funds have also bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Proto Labs by 79.9% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 25,900 shares of the industrial products company’s stock worth $1,296,000 after buying an additional 11,500 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in shares of Proto Labs during the 3rd quarter valued at $2,101,000. Essex Investment Management Co. LLC purchased a new stake in shares of Proto Labs during the 3rd quarter valued at $1,045,000. Hillsdale Investment Management Inc. lifted its holdings in shares of Proto Labs by 28.4% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 153,624 shares of the industrial products company’s stock worth $6,151,000 after acquiring an additional 34,000 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new stake in shares of Proto Labs during the 3rd quarter worth $456,000. 84.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Michael R. Kenison sold 2,500 shares of Proto Labs 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 owned 34,526 shares in the company, valued at $2,071,560. This trade represents a 6.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

Proto Labs Price Performance

Shares of NYSE PRLB opened at $56.23 on Thursday. Proto Labs, Inc. has a one year low of $29.58 and a one year high of $68.91. The firm’s 50 day simple moving average is $58.65 and its two-hundred day simple moving average is $53.61. The stock has a market capitalization of $1.34 billion, a P/E ratio of 63.89 and a beta of 1.25.

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 3.19%. The firm had revenue of $136.49 million during the quarter, compared to analyst estimates of $129.07 million. During the same period in the previous year, the business posted $0.38 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, equities analysts expect that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Proto Labs Company 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.