Proto Labs Inc (PRLB) VP Robert Bodor Sells 1,891 Shares

Proto Labs Inc (NYSE:PRLB) VP Robert Bodor sold 1,891 shares of Proto Labs stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $106.00, for a total value of $200,446.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Robert Bodor also recently made the following trade(s):

  • On Monday, December 11th, Robert Bodor sold 4,000 shares of Proto Labs stock. The shares were sold at an average price of $94.79, for a total value of $379,160.00.

Proto Labs Inc (NYSE:PRLB) traded up $2.35 during trading hours on Wednesday, hitting $108.80. The stock had a trading volume of 187,395 shares, compared to its average volume of 172,906. Proto Labs Inc has a fifty-two week low of $48.00 and a fifty-two week high of $113.05. The company has a market cap of $2,817.80, a PE ratio of 56.37, a PEG ratio of 2.37 and a beta of 1.08.

Proto Labs (NYSE:PRLB) last released its quarterly earnings data on Thursday, February 8th. The industrial products company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.05. Proto Labs had a return on equity of 12.22% and a net margin of 15.03%. The business had revenue of $94.18 million for the quarter, compared to analysts’ expectations of $92.20 million. During the same quarter in the previous year, the business posted $0.41 EPS. Proto Labs’s revenue for the quarter was up 30.2% on a year-over-year basis. sell-side analysts expect that Proto Labs Inc will post 2.19 EPS for the current year.

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position 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 valued at $146,339,000 after buying an additional 56,724 shares during the last quarter. Daiwa Securities Group Inc. acquired a new stake in Proto Labs in the 3rd quarter valued at approximately $915,000. Victory Capital Management Inc. raised its position in Proto Labs by 15,548.3% in the 3rd quarter. Victory Capital Management Inc. now owns 363,509 shares of the industrial products company’s stock valued at $29,190,000 after buying an additional 361,186 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Proto Labs by 5.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 110,883 shares of the industrial products company’s stock valued at $8,904,000 after buying an additional 5,779 shares during the last quarter. Finally, FMR LLC acquired a new stake in Proto Labs in the 2nd quarter valued at approximately $861,000.

PRLB has been the topic of several recent analyst reports. Zacks Investment Research cut Proto Labs from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th. Craig Hallum set a $92.00 price objective on Proto Labs and gave the company a “hold” rating in a report on Monday, November 27th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $84.00 price objective on shares of Proto Labs in a report on Thursday, December 14th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $86.50.

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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.

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

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