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

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

XPEL Stock Performance

Shares of XPEL opened at $42.52 on Wednesday. The firm has a market cap of $1.18 billion, a PE ratio of 24.30 and a beta of 1.85. XPEL, Inc. has a twelve month low of $30.75 and a twelve month high of $60.49. The firm’s 50 day moving average price is $42.44 and its 200 day moving average price is $39.57.

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

Analyst Ratings Changes

XPEL has been the subject of several research reports. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and raised their price objective for the company from $37.00 to $58.00 in a research report on Friday, August 9th. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th.

Hedge Funds Weigh In On XPEL

Institutional investors have recently modified their holdings of the company. Wasatch Advisors LP boosted its holdings in shares of XPEL by 4.5% during the 3rd quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company’s stock worth $170,548,000 after buying an additional 170,265 shares during the period. Vanguard Group Inc. lifted its position in 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 acquiring an additional 22,180 shares during the last quarter. Capital World Investors boosted its holdings in XPEL by 14.7% during the first quarter. Capital World Investors now owns 1,036,709 shares of the company’s stock valued at $56,003,000 after acquiring an additional 133,182 shares during the period. State Street Corp grew its position in shares of 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 purchasing an additional 32,188 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of XPEL by 4.7% in the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock valued at $24,807,000 after purchasing an additional 25,526 shares during 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.