Proto Labs Inc (PRLB) Files Form 4 Insider Selling : Rainer Gawlick Sells 357 Shares

Proto Labs Inc (PRLB): Rainer Gawlick , director of Proto Labs Inc sold 357 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $61.20 per share for a total value of $21,848.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, Rainer Gawlick (director) sold 4,000 shares at $80.00 per share price.On Apr 6, 2016, Jacqueline D. Schneider (Vice President Global Sales) sold 19,844 shares at $77.66 per share price.Also, On Apr 4, 2016, John B. Tumelty (VP/GM & Managing Director-EMEA) sold 21,000 shares at $77.74 per share price.On Mar 16, 2016, Donald G Krantz (Executive VP and Tech. Officer) sold 26,233 shares at $75.11 per share price.

Proto Labs Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Proto Labs Inc which led to swings in the share price. The shares opened for trading at $60.19 and hit $61.3982 on the upside , eventually ending the session at $60.63, with a gain of 0.95% or 0.57 points. The heightened volatility saw the trading volume jump to 1,16,294 shares. The 52-week high of the share price is $82.06 and the company has a market cap of $1,598 M . The 52-week low of the share price is at $51.61.

Proto Labs Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Proto Labs Inc is Initiated by FBR Capital to Outperform and the brokerage firm has set the Price Target at $80. The Rating was issued on May 11, 2016.

Proto Labs Inc. (Proto Labs) is an online manufacturer of custom parts for prototyping and short-run production. The Company utilizes computer numerical control (CNC) machining and injection molding to manufacture custom parts for its customers. The Company provides parts for product developers and engineers across the world. The Company utilizes computer numerical control (CNC) machining and injection molding to manufacture custom parts for its customers. The Company targets its products to the product developers and engineers who use three-dimensional computer-aided design (3D CAD) software to design products across a diverse range of end-markets. Its primary manufacturing product lines include Protomold which is an injection molding product line Firstcut which is a CNC machining product line and Fineline which is an additive-manufactured (3D printing) product line. The Company has operations in the United States Europe and Japan.

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