Allianz Asset Management GmbH Purchases New Shares in Proto Labs, Inc. $PRLB

Allianz Asset Management GmbH acquired a new position in shares of Proto Labs, Inc. (NYSE:PRLB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,115 shares of the industrial products company’s stock, valued at approximately $456,000.

Other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of Proto Labs by 7,380.0% in the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 738 shares in the last quarter. CWM LLC boosted its stake in Proto Labs by 80.8% in the 3rd quarter. CWM LLC now owns 2,589 shares of the industrial products company’s stock worth $130,000 after purchasing an additional 1,157 shares during the period. Tower Research Capital LLC TRC grew its position in Proto Labs by 363.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,806 shares of the industrial products company’s stock worth $112,000 after purchasing an additional 2,200 shares in the last quarter. Osaic Holdings Inc. raised its stake in Proto Labs by 477.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,072 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 2,540 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in Proto Labs by 183.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,400 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 2,200 shares during the period. 84.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Proto Labs news, insider Michael R. Kenison sold 3,048 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $50.17, for a total transaction of $152,918.16. Following the transaction, the insider directly owned 28,898 shares in the company, valued at $1,449,812.66. This trade represents a 9.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by insiders.

Proto Labs Stock Performance

NYSE:PRLB opened at $67.45 on Friday. The company has a market capitalization of $1.60 billion, a P/E ratio of 76.64 and a beta of 1.24. The stock’s 50 day moving average price is $54.67 and its 200 day moving average price is $51.40. Proto Labs, Inc. has a 52 week low of $29.58 and a 52 week high of $68.91.

Proto Labs (NYSE:PRLB) last posted its earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, topping 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 the consensus estimate of $129.07 million. During the same period in the previous year, the firm posted $0.38 earnings per share. The company’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, sell-side analysts forecast that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PRLB. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd. Finally, Benchmark upped their target price on Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a report on Monday, November 3rd. One investment 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $53.33.

Proto Labs Company Profile

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.