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PRLB Proto Labs Inc

Last updated: Aug 15, 2026

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Execution Consistency

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $3M, Q1 2026: $21M, Q3 2025: $19M, Q2 2025: $11M

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Execution Acceleration

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $3M vs trailing avg $17M (-82%)

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Buyback vs FCF

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-12M), buybacks not supported by cash flow

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Buyback Intensity

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

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Insider Buying

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

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Insider-Buyback Convergence

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

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Insider Net Direction

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $2M in the last 90 days (net selling)

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Red Flag

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 2439961.8x more than bought. 1 C-suite officers among sellers

  • Kenison Michael R. (Chief Operations Officer) sold 7,433 shares on 2026-05-11
  • Kenison Michael R. (Chief Operations Officer) sold 1,613 shares on 2026-05-12
  • Kenison Michael R. (Chief Operations Officer) sold 4,198 shares on 2026-05-12
  • Kenison Michael R. (Chief Operations Officer) sold 3,576 shares on 2026-05-12
  • Kenison Michael R. (Chief Operations Officer) sold 6,643 shares on 2026-05-12
  • Kenison Michael R. (Chief Operations Officer) sold 200 shares on 2026-05-07
  • Kenison Michael R. (Chief Operations Officer) sold 5,000 shares on 2026-02-17
  • Kenison Michael R. (Chief Operations Officer) sold 2,500 shares on 2026-02-06
  • Kenison Michael R. (Chief Operations Officer) sold 3,048 shares on 2025-11-25