Goldman Sachs Group Inc. Has $3.79 Million Stock Position in Proto Labs, Inc. $PRLB

Goldman Sachs Group Inc. decreased its stake in shares of Proto Labs, Inc. (NYSE:PRLB) by 56.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 108,211 shares of the industrial products company’s stock after selling 142,314 shares during the quarter. Goldman Sachs Group Inc. owned about 0.46% of Proto Labs worth $3,792,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in shares of Proto Labs by 249.4% during the 1st quarter. GAMMA Investing LLC now owns 926 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 661 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Proto Labs during the 1st quarter worth approximately $584,000. CWM LLC increased its holdings in shares of Proto Labs by 50.4% during the 1st quarter. CWM LLC now owns 1,840 shares of the industrial products company’s stock worth $64,000 after acquiring an additional 617 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Proto Labs by 109.1% during the 4th quarter. Bank of America Corp DE now owns 54,447 shares of the industrial products company’s stock worth $2,128,000 after acquiring an additional 28,407 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Proto Labs by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 122,057 shares of the industrial products company’s stock worth $4,277,000 after acquiring an additional 3,168 shares during the last quarter. Institutional investors and hedge funds own 84.54% of the company’s stock.

Analyst Ratings Changes

PRLB has been the topic of a number of recent analyst reports. Cantor Fitzgerald boosted their target price on Proto Labs from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Craig Hallum upgraded Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Friday, August 1st. Finally, Wall Street Zen upgraded Proto Labs from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.50.

Proto Labs Stock Down 0.4%

Shares of PRLB opened at $49.24 on Thursday. Proto Labs, Inc. has a 12-month low of $26.34 and a 12-month high of $51.09. The business has a 50-day simple moving average of $45.71 and a two-hundred day simple moving average of $40.21. The stock has a market cap of $1.18 billion, a PE ratio of 82.06 and a beta of 1.27.

Proto Labs (NYSE:PRLB) last issued its earnings results on Thursday, July 31st. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.08. Proto Labs had a return on equity of 2.22% and a net margin of 2.91%.The business had revenue of $135.06 million during the quarter, compared to analysts’ expectations of $128.05 million. During the same quarter in the prior year, the firm earned $0.38 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Proto Labs has set its Q3 2025 guidance at 0.350-0.430 EPS. On average, equities research analysts expect that Proto Labs, Inc. will post 0.81 EPS for the current year.

Insider Transactions at Proto Labs

In other news, CEO Suresh Krishna bought 1,725 shares of the stock in a transaction on Monday, August 4th. The stock was acquired at an average price of $43.51 per share, with a total value of $75,054.75. Following the acquisition, the chief executive officer directly owned 18,021 shares in the company, valued at approximately $784,093.71. This trade represents a 10.59% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.70% of the stock is currently owned by insiders.

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.