XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape Sells 13,544 Shares

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 13,544 shares of XPEL stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $45.20, for a total value of $612,188.80. Following the sale, the chief executive officer now directly owns 1,072,063 shares in the company, valued at approximately $48,457,247.60. The trade was a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Ryan Pape also recently made the following trade(s):

• On Monday, November 25th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00.
• On Tuesday, November 19th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $42.64, for a total transaction of $852,800.00.

XPEL Stock Performance

Shares of XPEL stock traded down $0.42 during mid-day trading on Tuesday, reaching $45.70. 112,359 shares of the company’s stock traded hands, compared to its average volume of 196,108. XPEL, Inc. has a 12 month low of $30.75 and a 12 month high of $60.49. The firm has a 50 day moving average price of $42.58 and a two-hundred day moving average price of $40.17. The firm has a market capitalization of $1.26 billion, a PE ratio of 26.15 and a beta of 1.81.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. bought a new position in XPEL in the 3rd quarter worth $686,000. Geode Capital Management LLC raised its position in XPEL by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock worth $24,807,000 after purchasing an additional 25,526 shares during the period. Barclays PLC grew its stake in XPEL by 79.5% in the 3rd quarter. Barclays PLC now owns 78,646 shares of the company’s stock worth $3,411,000 after acquiring an additional 34,830 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in XPEL by 11.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 63,058 shares of the company’s stock worth $2,735,000 after acquiring an additional 6,682 shares in the last quarter. Finally, MML Investors Services LLC bought a new position in shares of XPEL during the third quarter valued at approximately $205,000. Institutional investors own 75.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on XPEL shares. B. Riley raised shares of XPEL from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $37.00 to $58.00 in a research report on Friday, August 9th. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th.

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.