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

Proto Labs, Inc. (NYSE:PRLB) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $62.73 and traded as high as $81.30. Proto Labs shares last traded at $79.8240, with a volume of 195,883 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have commented on PRLB shares. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen lowered Proto Labs from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 15th. Finally, Weiss Ratings downgraded shares of Proto Labs from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $53.33.

Proto Labs Trading Down 3.4%

The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 74.27 and a beta of 1.39. The stock has a 50-day moving average price of $73.07 and a two-hundred day moving average price of $62.94.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.40 by $0.14. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. The firm had revenue of $139.34 million during the quarter, compared to analyst estimates of $135.31 million. During the same period last year, the firm posted $0.33 EPS. Proto Labs’s revenue was up 10.4% on a year-over-year basis. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. Research analysts predict that Proto Labs, Inc. will post 1.37 earnings per share for the current fiscal year.

Insider Transactions at Proto Labs

In related news, insider Michael R. Kenison sold 16,030 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total value of $1,113,924.70. Following the sale, the insider owned 18,683 shares in the company, valued at $1,298,281.67. This represents a 46.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the sale, the director directly owned 32,505 shares in the company, valued at $2,511,986.40. This trade represents a 5.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 25,663 shares of company stock valued at $1,804,727 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Proto Labs

A number of institutional investors have recently modified their holdings of PRLB. Group One Trading LLC purchased a new stake in Proto Labs in the 4th quarter worth $25,000. NewEdge Advisors LLC boosted its stake in Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after buying an additional 738 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Proto Labs in the 4th quarter valued at approximately $46,000. Modus Advisors LLC purchased a new stake in Proto Labs in the fourth quarter valued at $57,000. Finally, Aquatic Capital Management LLC acquired a new position in Proto Labs in the third quarter valued at about $64,000. 84.54% of the stock is currently owned by institutional investors and hedge funds.

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.