Proto Labs President and CEO Krishna Suresh purchased 750 shares of the company’s common stock on November 2, 2026, for a total of $52,140. The shares were bought at $69.52 apiece. Suresh also serves as a director of the company.
After the transaction, Suresh directly held 30,897 Proto Labs shares. The company’s stock was reported at $66.48, after falling roughly 14% over the preceding week.
Proto Labs recently reported third-quarter 2026 revenue of $154.3 million, above the $149.04 million analyst forecast cited in the source. Non-GAAP earnings were $0.63 per share, compared with expectations of $0.60. The quarter was the company’s fourth consecutive period of double-digit revenue and earnings growth.
The results also included 14% organic revenue growth, described as the strongest since 2018, with machining and injection molding among the service lines contributing to the increase. The source reported investor concerns about margin pressure and softer fourth-quarter profit guidance. William Blair reiterated a Market Perform rating, citing valuation.
Sources: Investing.com News.