Gagnon Securities LLC Grows Stock Position in Proto Labs, Inc. $PRLB

Key Points

• Gagnon Securities LLC increased its holdings in Proto Labs, Inc. by 17.4%, owning 114,574 shares after purchasing an additional 16,949 shares in the 2nd quarter.
• Wall Street analysts have shown optimism for Proto Labs, with upgrades including a “strong-buy” rating from Wall Street Zen and price targets rising to $54.00 from previous assessments.
• Proto Labs announced a quarterly earnings report exceeding expectations, with a revenue of $135.06 million and an EPS of $0.41, indicating a year-over-year revenue growth of 7.6%.

Gagnon Securities LLC lifted its holdings in Proto Labs, Inc. (NYSE:PRLB - Free Report) by 17.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,574 shares of the industrial products company's stock after purchasing an additional 16,949 shares during the period. Gagnon Securities LLC owned about 0.48% of Proto Labs worth $4,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PRLB. PNC Financial Services Group Inc. boosted its holdings in Proto Labs by 14.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,165 shares of the industrial products company's stock worth $76,000 after buying an additional 267 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Proto Labs by 4.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 14,137 shares of the industrial products company's stock worth $565,000 after buying an additional 556 shares during the last quarter. CWM LLC boosted its holdings in Proto Labs by 50.4% in the 1st quarter. CWM LLC now owns 1,840 shares of the industrial products company's stock worth $64,000 after buying an additional 617 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Proto Labs by 249.4% in the 1st quarter. GAMMA Investing LLC now owns 926 shares of the industrial products company's stock worth $32,000 after buying an additional 661 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Proto Labs by 7,380.0% in the 1st 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. Hedge funds and other institutional investors own 84.54% of the company's stock.

Wall Street Analysts Forecast Growth

PRLB has been the topic of several research analyst reports. Wall Street Zen upgraded Proto Labs from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Proto Labs in a report on Saturday, September 27th. Cantor Fitzgerald lifted their price objective on Proto Labs from $50.00 to $51.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, Craig Hallum upgraded Proto Labs from a "hold" rating to a "buy" rating and set a $54.00 price objective on the stock in a report on Friday, August 1st. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $52.50.

Proto Labs Price Performance

Shares of Proto Labs stock opened at $49.80 on Wednesday. The stock has a market cap of $1.19 billion, a P/E ratio of 82.99 and a beta of 1.24. The stock's 50 day simple moving average is $48.62 and its 200-day simple moving average is $41.49. Proto Labs, Inc. has a 1-year low of $26.34 and a 1-year high of $51.96.

Proto Labs (NYSE:PRLB - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.33 by $0.08. The firm had revenue of $135.06 million for the quarter, compared to analyst estimates of $128.05 million. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 EPS. Proto Labs has set its Q3 2025 guidance at 0.350-0.430 EPS. As a group, research analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current fiscal year.

Insider Activity at Proto Labs

In other news, CEO Suresh Krishna purchased 1,725 shares of Proto Labs stock in a transaction dated Monday, August 4th. The shares were purchased at an average price of $43.51 per share, with a total value of $75,054.75. Following the transaction, the chief executive officer owned 18,021 shares in the company, valued at $784,093.71. This represents a 10.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.20% of the company's stock.

Proto Labs Company Profile

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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