Proto Labs (NYSE:PRLB) CFO Daniel Schumacher Sells 4,900 Shares

Proto Labs, Inc. (NYSE:PRLB) CFO Daniel Schumacher sold 4,900 shares of Proto Labs stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $85.21, for a total value of $417,529.00. Following the completion of the sale, the chief financial officer directly owned 40,019 shares of the company’s stock, valued at $3,410,018.99. The trade was a 10.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Daniel Schumacher also recently made the following trade(s):

• On Wednesday, September 16th, Daniel Schumacher sold 100 shares of Proto Labs stock. The shares were sold at an average price of $85.00, for a total value of $8,500.00.

Proto Labs Stock Performance

PRLB stock opened at $87.47 on Friday. Proto Labs, Inc. has a fifty-two week low of $45.10 and a fifty-two week high of $93.00. The business’s 50-day moving average is $81.41 and its two-hundred day moving average is $72.66. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 69.98 and a beta of 1.42.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Weiss Ratings upgraded Proto Labs from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 3rd. Benchmark lifted their target price on Proto Labs from $70.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Wall Street Zen lowered Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Needham & Company LLC upgraded Proto Labs from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat.com, Proto Labs presently has an average rating of “Buy” and an average target price of $89.00.

Hedge Funds Weigh In On Proto Labs

Several large investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP increased its stake in shares of Proto Labs by 84.7% in the second quarter. Engineers Gate Manager LP now owns 26,780 shares of the industrial products company’s stock worth $2,183,000 after purchasing an additional 12,280 shares in the last quarter. Corient Private Wealth LP raised its position in shares of Proto Labs by 16.1% during the 2nd quarter. Corient Private Wealth LP now owns 12,427 shares of the industrial products company’s stock valued at $1,013,000 after purchasing an additional 1,723 shares during the period. Angeles Wealth Management LLC lifted its stake in shares of Proto Labs by 12.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 5,045 shares of the industrial products company’s stock valued at $411,000 after buying an additional 555 shares in the last quarter. Turner Financial Group Inc. purchased a new position in shares of Proto Labs during the 2nd quarter valued at $395,000. Finally, Susquehanna Fundamental Investments LLC lifted its stake in shares of Proto Labs by 227.0% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 33,760 shares of the industrial products company’s stock valued at $2,752,000 after buying an additional 23,435 shares in the last quarter. Hedge funds and other institutional investors own 84.54% of the company’s stock.

Proto Labs Company Profile

Proto Labs, Inc (NYSE: PRLB), doing business as Protolabs, is a digital manufacturing company that provides rapid prototyping and on-demand production services. Its platform enables engineers and product developers to upload three-dimensional computer-aided design files, receive automated design analyses and quotes, and order custom parts through a streamlined online process.

The company offers computer numerical control machining, injection molding, 3D printing and sheet-metal fabrication.