Jefferies Financial Group Inc. Takes $873,000 Position in Proto Labs, Inc. $PRLB

Jefferies Financial Group Inc. acquired a new position in shares of Proto Labs, Inc. (NYSE:PRLB) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 10,710 shares of the industrial products company’s stock, valued at approximately $873,000.

Several other large investors also recently made changes to their positions in PRLB. Rice Hall James & Associates LLC acquired a new position in Proto Labs in the 2nd quarter worth $8,882,000. Quantinno Capital Management LP raised its stake in shares of Proto Labs by 98.9% in the 1st quarter. Quantinno Capital Management LP now owns 27,716 shares of the industrial products company’s stock valued at $1,580,000 after purchasing an additional 13,781 shares during the period. State of Wyoming bought a new stake in shares of Proto Labs in the second quarter valued at about $1,334,000. Puzo Michael J bought a new stake in shares of Proto Labs in the second quarter valued at about $8,304,000. Finally, BlackRock Inc. acquired a new position in shares of Proto Labs during the second quarter worth about $317,581,000. Institutional investors own 84.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PRLB shares. Benchmark increased their price objective on Proto Labs from $70.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Needham & Company LLC upgraded Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a research note on Monday, August 3rd. Weiss Ratings downgraded Proto Labs from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 18th. Finally, Wall Street Zen cut shares of Proto Labs from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. Based on data from MarketBeat, Proto Labs has a consensus rating of “Buy” and an average target price of $89.00.

Insider Transactions at Proto Labs

In related news, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total transaction of $154,560.00. Following the sale, the director owned 32,505 shares in the company, valued at approximately $2,511,986.40. This represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Proto Labs Trading Down 0.1%

Shares of PRLB stock opened at $79.64 on Monday. The firm’s fifty day moving average price is $80.43 and its two-hundred day moving average price is $71.01. Proto Labs, Inc. has a 1 year low of $45.10 and a 1 year high of $93.00. The firm has a market capitalization of $1.90 billion, a P/E ratio of 63.71 and a beta of 1.40.

Proto Labs (NYSE:PRLB) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. The company had revenue of $149.34 million during the quarter, compared to the consensus estimate of $144.53 million. Proto Labs had a net margin of 5.44% and a return on equity of 4.80%. The company’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 EPS. Proto Labs has set its Q3 2026 guidance at 0.560-0.640 EPS. As a group, equities research analysts forecast that Proto Labs, Inc. will post 1.46 EPS for the current fiscal year.

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.