Strs Ohio Makes New $596,000 Investment in Proto Labs, Inc. $PRLB

Strs Ohio bought a new position in Proto Labs, Inc. (NYSE:PRLB - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,000 shares of the industrial products company's stock, valued at approximately $596,000. Strs Ohio owned about 0.07% of Proto Labs as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP grew its holdings in Proto Labs by 97.4% in the 1st quarter. Wellington Management Group LLP now owns 711,738 shares of the industrial products company's stock valued at $24,939,000 after buying an additional 351,097 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Proto Labs by 9,033.1% during the 1st quarter. Pacer Advisors Inc. now owns 148,595 shares of the industrial products company's stock valued at $5,207,000 after buying an additional 146,968 shares during the last quarter. Nuveen LLC bought a new stake in Proto Labs in the first quarter valued at $2,458,000. Algert Global LLC boosted its stake in Proto Labs by 137.3% during the 1st quarter. Algert Global LLC now owns 85,084 shares of the industrial products company's stock valued at $2,981,000 after purchasing an additional 49,230 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Proto Labs in the 1st quarter valued at approximately $1,336,000. 84.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Craig Hallum raised Proto Labs from a "hold" rating to a "buy" rating and set a $54.00 price objective for the company in a report on Friday, August 1st. Wall Street Zen upgraded Proto Labs from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Finally, Cantor Fitzgerald lifted their target price on shares of Proto Labs from $50.00 to $51.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Proto Labs currently has an average rating of "Moderate Buy" and an average price target of $52.50.

Insider Buying and Selling at Proto Labs

In related news, CEO Suresh Krishna acquired 1,725 shares of the stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of $43.51 per share, with a total value of $75,054.75. Following the completion of 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 position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.70% of the company's stock.

Proto Labs Stock Performance

Shares of NYSE PRLB opened at $50.50 on Friday. The firm has a 50 day moving average price of $46.12 and a two-hundred day moving average price of $40.40. The stock has a market cap of $1.21 billion, a P/E ratio of 84.17 and a beta of 1.27. Proto Labs, Inc. has a 52-week low of $26.34 and a 52-week high of $51.20.

Proto Labs (NYSE:PRLB - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.33 by $0.08. The company had revenue of $135.06 million during the quarter, compared to the consensus estimate of $128.05 million. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. Proto Labs's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.38 EPS. Proto Labs has set its Q3 2025 guidance at 0.350-0.430 EPS. Analysts predict that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

About Proto Labs

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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