Robert Bodor Sells 4,000 Shares of Proto Labs, Inc. (PRLB) Stock
Proto Labs, Inc. (NYSE:PRLB) VP Robert Bodor sold 4,000 shares of Proto Labs stock in a transaction on Monday, December 11th. The stock was sold at an average price of $94.79, for a total value of $379,160.00. Following the completion of the sale, the vice president now directly owns 20,578 shares of the company’s stock, valued at approximately $1,950,588.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Proto Labs, Inc. (NYSE PRLB) traded up $3.45 during trading hours on Wednesday, reaching $99.30. The company’s stock had a trading volume of 156,542 shares, compared to its average volume of 192,980. Proto Labs, Inc. has a twelve month low of $48.00 and a twelve month high of $98.55. The company has a market capitalization of $2,504.71, a price-to-earnings ratio of 53.71, a PEG ratio of 2.36 and a beta of 1.06.
Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.04. Proto Labs had a return on equity of 11.63% and a net margin of 14.53%. The business had revenue of $88.10 million during the quarter, compared to analyst estimates of $85.68 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. Proto Labs’s revenue for the quarter was up 12.7% on a year-over-year basis. research analysts forecast that Proto Labs, Inc. will post 1.9 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Proto Labs by 2.7% during the second quarter. Vanguard Group Inc. now owns 2,176,051 shares of the industrial products company’s stock valued at $146,339,000 after purchasing an additional 56,724 shares during the period. Janus Henderson Group PLC grew its holdings in Proto Labs by 411.4% during the second quarter. Janus Henderson Group PLC now owns 1,301,429 shares of the industrial products company’s stock valued at $87,521,000 after purchasing an additional 1,046,960 shares during the period. New York State Common Retirement Fund grew its holdings in Proto Labs by 2.1% during the third quarter. New York State Common Retirement Fund now owns 651,475 shares of the industrial products company’s stock valued at $52,313,000 after purchasing an additional 13,206 shares during the period. State Street Corp grew its holdings in Proto Labs by 5.2% during the second quarter. State Street Corp now owns 595,748 shares of the industrial products company’s stock valued at $40,063,000 after purchasing an additional 29,561 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of Proto Labs by 6.9% in the third quarter. Bank of New York Mellon Corp now owns 532,813 shares of the industrial products company’s stock worth $42,784,000 after acquiring an additional 34,615 shares during the period.
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Proto Labs Company Profile
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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