PRLB Proto Labs Inc

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

Bought back stock in 4/4 quarters. Q3 2025: $19M, Q2 2025: $11M, Q1 2025: $16M, Q3 2024: $9M

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

Latest quarter $19M vs trailing avg $12M (+59%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Buyback $55M / FCF $10M = 570% of FCF

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

Missing shares repurchased or outstanding data

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

2 open-market purchases by 2 insiders

• Gawlick Rainer () bought 1,715 shares at $43.79 on 2025-08-05
• Krishna Suresh (President and CEO) bought 1,725 shares at $43.51 on 2025-08-04

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $1M (net selling)

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 4.2x more than bought. 1 C-suite officers among sellers

• 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