5 Stocks to Sell According to Motley Fool

2. Proto Labs, Inc. (NYSE:PRLB)

Number of Hedge Fund Holders: 17

Proto Labs, Inc. (NYSE:PRLB) is on the list of stocks to sell according to Motley Fool. The firm exited its position in Proto Labs during the September quarter amid the company’s stock price falling almost 80% in the past 12 months. It is an e-commerce-driven digital manufacturer of on-demand production parts and custom prototypes.

As of the end of September, the number of long hedge funds’ positions fell to 17 from 18 in the previous quarter. Catherine D. Wood’s ARK Investment Management was the leading stakeholder in the company.