B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,187 shares of the company's stock, valued at approximately $1,222,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.10% of XPEL as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in XPEL. Vanguard Group Inc. lifted its holdings in XPEL by 1.5% during the first 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 in the last quarter. Capital World Investors raised its holdings in XPEL by 14.7% during the 1st quarter. Capital World Investors now owns 1,036,709 shares of the company's stock worth $56,003,000 after buying an additional 133,182 shares during the period. Schwartz Investment Counsel Inc. boosted its holdings in shares of XPEL by 46.3% in the second quarter. Schwartz Investment Counsel Inc. now owns 512,000 shares of the company's stock valued at $18,207,000 after buying an additional 162,000 shares during the period. Mawer Investment Management Ltd. raised its holdings in shares of XPEL by 3.2% during the third quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company's stock worth $15,134,000 after acquiring an additional 10,910 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of XPEL by 9.6% during the second quarter. Bank of New York Mellon Corp now owns 169,524 shares of the company's stock worth $6,028,000 after acquiring an additional 14,872 shares during the period. Institutional investors and hedge funds own 75.08% of the company's stock.
XPEL Price Performance
NASDAQ:XPEL traded up $0.88 on Friday, hitting $45.73. 180,239 shares of the company's stock were exchanged, compared to its average volume of 167,632. The firm has a 50-day moving average price of $42.53 and a 200-day moving average price of $39.78. The company has a market cap of $1.26 billion, a P/E ratio of 26.13 and a beta of 1.85. XPEL, Inc. has a 52 week low of $30.75 and a 52 week high of $60.49.
XPEL (NASDAQ:XPEL - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.54 EPS 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 during the quarter, compared to the consensus estimate of $114.59 million. During the same quarter in the prior year, the firm posted $0.56 EPS. The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. On average, research analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.
Insider Transactions at XPEL
In other news, CEO Ryan Pape sold 20,000 shares of XPEL 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 completion of the sale, the chief executive officer now owns 1,105,607 shares of the company's stock, valued at approximately $47,143,082.48. This trade represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mike Klonne sold 5,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $43.00, for a total transaction of $215,000.00. Following the transaction, the director now owns 50,008 shares in the company, valued at approximately $2,150,344. The trade was a 9.09 % decrease in their position. The disclosure for this sale can be found here. 9.50% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. Craig Hallum raised XPEL from a "hold" rating to a "buy" rating in a research report on Thursday, August 8th. B. Riley raised shares of XPEL from a "neutral" rating to a "buy" rating and raised their price target for the stock from $37.00 to $58.00 in a research note on Friday, August 9th.
View Our Latest Report on XPEL
XPEL Company Profile
(
Free Report)
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.
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