Proto Labs Inc (NYSE:PRLB) Director John B. Goodman sold 2,715 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $106.79, for a total transaction of $289,934.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Proto Labs Inc (NYSE:PRLB) traded up $2.35 during trading on Wednesday, reaching $108.80. 187,395 shares of the company were exchanged, compared to its average volume of 172,906. The company has a market cap of $2,817.80, a PE ratio of 56.37, a price-to-earnings-growth ratio of 2.37 and a beta of 1.08. Proto Labs Inc has a 52 week low of $48.00 and a 52 week high of $113.05.
Proto Labs (NYSE:PRLB) last announced its quarterly earnings results on Thursday, February 8th. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.05. The company had revenue of $94.18 million for the quarter, compared to analysts’ expectations of $92.20 million. Proto Labs had a net margin of 15.03% and a return on equity of 12.22%. Proto Labs’s revenue was up 30.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 EPS. sell-side analysts forecast that Proto Labs Inc will post 2.19 EPS for the current year.
A number of institutional investors have recently made changes to their positions in PRLB. Teachers Advisors LLC boosted its stake in Proto Labs by 0.6% in the 2nd quarter. Teachers Advisors LLC now owns 45,180 shares of the industrial products company’s stock worth $3,038,000 after purchasing an additional 289 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in Proto Labs by 140.8% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,520 shares of the industrial products company’s stock worth $842,000 after purchasing an additional 7,320 shares in the last quarter. Northern Trust Corp boosted its stake in Proto Labs by 4.0% in the 2nd quarter. Northern Trust Corp now owns 403,419 shares of the industrial products company’s stock worth $27,130,000 after purchasing an additional 15,600 shares in the last quarter. Vanguard Group Inc. boosted its stake in Proto Labs by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,176,051 shares of the industrial products company’s stock worth $146,339,000 after purchasing an additional 56,724 shares in the last quarter. Finally, FMR LLC bought a new position in Proto Labs in the 2nd quarter worth about $861,000.
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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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