Ryan Pape Sells 20,000 Shares of XPEL, Inc. (NASDAQ:XPEL) Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total transaction of $852,800.00. Following the transaction, the chief executive officer now directly owns 1,105,607 shares in the company, valued at $47,143,082.48. This trade represents a 1.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

XPEL Trading Down 2.3 %

XPEL opened at $42.52 on Wednesday. The stock’s 50 day simple moving average is $42.44 and its 200-day simple moving average is $39.57. The stock has a market cap of $1.18 billion, a PE ratio of 24.30 and a beta of 1.85. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The firm had revenue of $112.85 million for the quarter, compared to analyst estimates of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 EPS. Equities analysts forecast that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on XPEL. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and increased their target price for the company from $37.00 to $58.00 in a research note on Friday, August 9th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wasatch Advisors LP grew its stake in shares of XPEL by 4.5% in the 3rd quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company’s stock valued at $170,548,000 after purchasing an additional 170,265 shares during the period. Vanguard Group Inc. lifted its position in shares of XPEL by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 1,497,929 shares of the company’s stock worth $80,918,000 after buying an additional 22,180 shares during the period. Capital World Investors boosted its stake in XPEL by 14.7% in the 1st quarter. Capital World Investors now owns 1,036,709 shares of the company’s stock valued at $56,003,000 after buying an additional 133,182 shares in the last quarter. State Street Corp grew its position in XPEL by 4.0% in the third quarter. State Street Corp now owns 842,141 shares of the company’s stock valued at $36,524,000 after acquiring an additional 32,188 shares during the period. Finally, Geode Capital Management LLC raised its stake in XPEL by 4.7% during the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock worth $24,807,000 after acquiring an additional 25,526 shares in the last quarter. Institutional investors own 75.08% of the company’s stock.

XPEL Company Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.