Proto Labs Inc (NYSE:PRLB) Sentiment Up in 2018 Q2

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Sentiment for Proto Labs Inc (NYSE:PRLB)

Proto Labs Inc (NYSE:PRLB) institutional sentiment increased to 1.31 in 2018 Q2. Its up 0.24, from 1.07 in 2018Q1. The ratio is positive, as 106 institutional investors opened new or increased equity positions, while 81 sold and reduced stakes in Proto Labs Inc. The institutional investors in our partner’s database reported: 25.28 million shares, up from 24.46 million shares in 2018Q1. Also, the number of institutional investors holding Proto Labs Inc in their top 10 equity positions was flat from 4 to 4 for the same number . Sold All: 23 Reduced: 58 Increased: 79 New Position: 27.

Proto Labs, Inc., together with its subsidiaries, operates as an e-commerce enabled digital maker of custom parts for prototyping and short-run production in the Unites States, Europe, and Japan. The company has market cap of $3.24 billion. The firm utilizes injection molding, computer numerical control machining, and three-dimensional printing to manufacture custom parts for developers and engineers who use 3D computer-aided design software to design products in the medical, aerospace, computer/electronics, consumer products, industrial machinery, and other markets. It has a 45.56 P/E ratio.

The stock decreased 0.05% or $0.06 during the last trading session, reaching $119.78. About 26,365 shares traded. Proto Labs, Inc. (NYSE:PRLB) has risen 113.13% since December 6, 2017 and is uptrending. It has outperformed by 97.51% the S&P500.

Analysts await Proto Labs, Inc. (NYSE:PRLB) to report earnings on February, 14. They expect $0.69 EPS, up 30.19 % or $0.16 from last year’s $0.53 per share. PRLB’s profit will be $18.68 million for 43.40 P/E if the $0.69 EPS becomes a reality. After $0.75 actual EPS reported by Proto Labs, Inc. for the previous quarter, Wall Street now forecasts -8.00 % negative EPS growth.

Brown Capital Management Llc holds 4.69% of its portfolio in Proto Labs, Inc. for 3.84 million shares. Riverbridge Partners Llc owns 1.73 million shares or 3.72% of their US portfolio. Moreover, Conestoga Capital Advisors Llc has 2.32% invested in the company for 605,631 shares. The Minnesota-based Disciplined Growth Investors Inc Mn has invested 2.01% in the stock. Bender Robert & Associates, a California-based fund reported 29,878 shares.

Since January 1, 0001, it had 0 insider purchases, and 9 sales for $4.60 million activity.

More notable recent Proto Labs, Inc. (NYSE:PRLB) news were published by: Zacks.com which released: “Proto Labs (PRLB) to Report Q2 Earnings: What to Expect? – Zacks.com” on July 25, 2018, also Fool.com with their article: “Proto Labs Kicks Off 2018 With First-Quarter Earnings Growth of 39% – The Motley Fool” published on April 28, 2018, Seekingalpha.com published: “Proto Labs: My 3D Printing Play – Seeking Alpha” on August 03, 2017. More interesting news about Proto Labs, Inc. (NYSE:PRLB) were released by: Fool.com and their article: “3 Growth Stocks That Could Put Facebook’s Returns to Shame – Motley Fool” published on July 18, 2018 as well as Seekingalpha.com‘s news article titled: “Proto Labs: The Tech Stock To Buy Right Now – Seeking Alpha” with publication date: November 19, 2018.

Proto Labs, Inc. (NYSE:PRLB) Institutional Positions Chart

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