Proto Labs VP Unloads $167,800 in Stock (PRLB)
Proto Labs (NASDAQ:PRLB) VP Jacqueline Schneider sold 2,000 shares of Proto Labs stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $83.90, for a total transaction of $167,800.00. Following the completion of the transaction, the vice president now directly owns 1,250 shares in the company, valued at approximately $104,875. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Proto Labs (NASDAQ:PRLB) traded up 5.08% during mid-day trading on Monday, hitting $86.47. 408,705 shares of the company’s stock traded hands. Proto Labs has a 1-year low of $27.96 and a 1-year high of $82.51. The stock has a 50-day moving average of $76.23 and a 200-day moving average of $63.17. The company has a market cap of $2.191 billion and a P/E ratio of 67.62.
Proto Labs (NASDAQ:PRLB) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. The company had revenue of $39.70 million for the quarter, compared to the consensus estimate of $40.25 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 32.3% on a year-over-year basis.
Proto Labs, Inc manufactures computer numerical control machined and plastic injection molded parts. The Company offers plastic injection molded parts, rapid tooling, plastic injection molding, rapid injection molding, rapid prototyping and prototype.
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