Bridges Investment Management Inc. Purchases 18,056 Shares of XPEL, Inc. (NASDAQ:XPEL)

Bridges Investment Management Inc. boosted its position in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 260.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,997 shares of the company's stock after purchasing an additional 18,056 shares during the period. Bridges Investment Management Inc. owned approximately 0.09% of XPEL worth $998,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Quantbot Technologies LP acquired a new stake in shares of XPEL during the third quarter worth $64,000. National Bank of Canada FI acquired a new stake in shares of XPEL during the third quarter worth $71,000. FMR LLC raised its position in XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company's stock valued at $121,000 after buying an additional 1,994 shares during the period. MML Investors Services LLC acquired a new position in XPEL during the third quarter valued at $205,000. Finally, Creative Planning acquired a new position in XPEL during the third quarter valued at $208,000. Institutional investors and hedge funds own 75.08% of the company's stock.

XPEL Stock Down 2.3 %

XPEL stock traded down $0.69 during trading hours on Thursday, hitting $29.66. The stock had a trading volume of 117,777 shares, compared to its average volume of 191,794. The company has a 50-day moving average of $40.07 and a two-hundred day moving average of $41.96. XPEL, Inc. has a fifty-two week low of $29.00 and a fifty-two week high of $60.49. The company has a market cap of $820.02 million, a PE ratio of 16.90 and a beta of 1.82.

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XPEL (NASDAQ:XPEL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The firm had revenue of $107.53 million during the quarter, compared to analyst estimates of $106.98 million. As a group, analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

XPEL 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.