Proto Labs, Inc. (NYSE:PRLB) VP Robert Bodor sold 3,259 shares of the firm’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $72.02, for a total transaction of $234,713.18. Following the sale, the vice president now owns 19,837 shares in the company, valued at approximately $1,428,660.74. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Proto Labs, Inc. (PRLB) traded up 1.13% during mid-day trading on Friday, hitting $71.40. 202,134 shares of the stock traded hands. The company’s 50 day moving average is $67.30 and its 200 day moving average is $57.90. Proto Labs, Inc. has a 12 month low of $43.10 and a 12 month high of $72.15. The company has a market cap of $1.89 billion, a P/E ratio of 42.75 and a beta of 0.93.

Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Thursday, April 27th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.11. The company had revenue of $80.20 million for the quarter, compared to the consensus estimate of $75.05 million. Proto Labs had a net margin of 14.48% and a return on equity of 11.84%. Proto Labs’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 earnings per share. On average, analysts expect that Proto Labs, Inc. will post $2.04 earnings per share for the current fiscal year.

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Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Dougherty & Co upgraded shares of Proto Labs from a “sell” rating to a “neutral” rating in a research report on Tuesday, June 27th. Finally, TheStreet upgraded shares of Proto Labs from a “c+” rating to a “b-” rating in a research report on Friday, May 5th.

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Proto Labs by 146,773.4% in the first quarter. BlackRock Inc. now owns 2,905,155 shares of the industrial products company’s stock worth $148,453,000 after buying an additional 2,903,177 shares during the last quarter. Norges Bank acquired a new stake in Proto Labs during the fourth quarter worth about $24,400,000. Handelsbanken Fonder AB increased its stake in Proto Labs by 676.7% in the second quarter. Handelsbanken Fonder AB now owns 466,036 shares of the industrial products company’s stock worth $31,341,000 after buying an additional 406,036 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Proto Labs during the first quarter worth about $8,416,000. Finally, Brown Capital Management LLC increased its stake in Proto Labs by 2.9% in the first quarter. Brown Capital Management LLC now owns 3,801,528 shares of the industrial products company’s stock worth $194,258,000 after buying an additional 107,183 shares during the last quarter.

About Proto Labs

Proto Labs, Inc is an e-commerce driven digital manufacturer of on-demand three dimensional (3D) printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. The Company’s geographic segments include the United States, Europe and Japan.

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