Proto Labs (NYSE:PRLB) Shares Pass Above 200-Day Moving Average – Here’s Why

Proto Labs, Inc. (NYSE:PRLBGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $46.72 and traded as high as $52.91. Proto Labs shares last traded at $52.7840, with a volume of 129,877 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PRLB shares. Benchmark boosted their price target on Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Wednesday, October 8th. Finally, Zacks Research raised Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.33.

Read Our Latest Stock Analysis on PRLB

Proto Labs Price Performance

The business’s 50-day moving average price is $51.02 and its two-hundred day moving average price is $46.72. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 86.53 and a beta of 1.18.

Proto Labs (NYSE:PRLBGet Free Report) last posted its quarterly earnings data on Friday, October 31st. The industrial products company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. The firm had revenue of $135.37 million for the quarter, compared to the consensus estimate of $133.83 million. Proto Labs had a net margin of 2.86% and a return on equity of 2.23%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.47 EPS. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. Equities analysts predict that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 3,048 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $50.17, for a total transaction of $152,918.16. Following the sale, the insider directly owned 28,898 shares of the company’s stock, valued at approximately $1,449,812.66. This represents a 9.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Proto Labs

Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC raised its holdings in shares of Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after buying an additional 738 shares during the last quarter. Aquatic Capital Management LLC bought a new position in Proto Labs during the third quarter valued at about $64,000. PNC Financial Services Group Inc. grew its holdings in Proto Labs by 14.1% during the first quarter. PNC Financial Services Group Inc. now owns 2,165 shares of the industrial products company’s stock worth $76,000 after acquiring an additional 267 shares during the period. CWM LLC raised its holdings in shares of Proto Labs by 80.8% in the 3rd quarter. CWM LLC now owns 2,589 shares of the industrial products company’s stock worth $130,000 after purchasing an additional 1,157 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Proto Labs by 363.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,806 shares of the industrial products company’s stock worth $112,000 after buying an additional 2,200 shares during the last quarter. 84.54% of the stock is currently owned by institutional investors and hedge funds.

About Proto Labs

(Get Free Report)

Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.

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