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.

PRLB has been the subject of several research analyst reports. Zacks Investment Research raised Proto Labs from a “hold” rating to a “buy” rating and set a $96.00 price objective for the company in a report on Friday, November 3rd. BidaskClub lowered Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Friday, October 6th. Finally, Craig Hallum set a $92.00 price objective on Proto Labs and gave the stock a “hold” rating in a report on Monday, November 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Proto Labs presently has a consensus rating of “Hold” and an average price target of $75.00.

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.

Insider Buying and Selling by Quarter for Proto Labs (NYSE:PRLB)

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