AlphaQuest LLC Sells 18,130 Shares of Proto Labs, Inc. $PRLB

AlphaQuest LLC trimmed its position in shares of Proto Labs, Inc. (NYSE:PRLB) by 77.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,378 shares of the industrial products company’s stock after selling 18,130 shares during the quarter. AlphaQuest LLC’s holdings in Proto Labs were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of PRLB. Rubric Capital Management LP raised its stake in shares of Proto Labs by 791.9% in the second quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock valued at $41,408,000 after acquiring an additional 918,219 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its position in Proto Labs by 1.9% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock valued at $108,989,000 after purchasing an additional 51,293 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Proto Labs in the second quarter worth $1,689,000. Hussman Strategic Advisors Inc. acquired a new position in Proto Labs in the third quarter worth $2,101,000. Finally, Hillsdale Investment Management Inc. grew its holdings in shares of Proto Labs by 28.4% during the second quarter. Hillsdale Investment Management Inc. now owns 153,624 shares of the industrial products company’s stock worth $6,151,000 after purchasing an additional 34,000 shares during the last quarter. Institutional investors and hedge funds own 84.54% of the company’s stock.

Insiders Place Their Bets

In related news, insider Michael R. Kenison sold 3,048 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 28,898 shares in the company, valued at approximately $1,449,812.66. The trade was a 9.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PRLB shares. Benchmark increased their price objective on shares of Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research note on Thursday, January 22nd. Finally, Zacks Research cut shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Proto Labs has a consensus rating of “Moderate Buy” and a consensus target price of $53.33.

Proto Labs Price Performance

PRLB opened at $65.88 on Tuesday. The firm has a 50 day simple moving average of $53.41 and a 200 day simple moving average of $50.72. Proto Labs, Inc. has a fifty-two week low of $29.58 and a fifty-two week high of $68.00. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 74.86 and a beta of 1.24.

Proto Labs (NYSE:PRLB) last issued its earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. Proto Labs had a net margin of 3.98% and a return on equity of 3.20%. The company had revenue of $136.49 million during the quarter, compared to analysts’ expectations of $129.07 million. During the same quarter in the previous year, the company posted $0.38 EPS. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current year.

About Proto Labs

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.