Geode Capital Management LLC Purchases 25,526 Shares of XPEL, Inc. (NASDAQ:XPEL)

Geode Capital Management LLC lifted its holdings in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 571,880 shares of the company's stock after purchasing an additional 25,526 shares during the period. Geode Capital Management LLC owned 2.07% of XPEL worth $24,807,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Barclays PLC lifted its holdings in XPEL by 79.5% during the 3rd quarter. Barclays PLC now owns 78,646 shares of the company's stock worth $3,411,000 after buying an additional 34,830 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of XPEL by 11.9% during the third 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 during the last quarter. MML Investors Services LLC acquired a new position in shares of XPEL in the third quarter worth approximately $205,000. XTX Topco Ltd acquired a new position in shares of XPEL in the third quarter worth approximately $294,000. Finally, National Bank of Canada FI bought a new stake in XPEL in the third quarter valued at approximately $71,000. Institutional investors own 75.08% of the company's stock.

XPEL Trading Down 1.4 %

NASDAQ:XPEL traded down $0.55 on Friday, reaching $39.65. 98,810 shares of the stock traded hands, compared to its average volume of 191,364. XPEL, Inc. has a 1-year low of $30.75 and a 1-year high of $60.49. The company's 50 day moving average is $42.77 and its 200-day moving average is $41.06. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 22.66 and a beta of 1.81.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. The company had revenue of $112.85 million during the quarter, compared to analysts' expectations of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. XPEL's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 earnings per share. On average, equities research analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insider Transactions at XPEL

In other news, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total value of $215,000.00. Following the completion of the sale, the director now owns 50,008 shares in the company, valued at $2,150,344. The trade was a 9.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ryan Pape sold 13,544 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $45.20, for a total transaction of $612,188.80. Following the transaction, the chief executive officer now owns 1,072,063 shares in the company, valued at $48,457,247.60. The trade was a 1.25 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,544 shares of company stock valued at $2,606,789. Corporate insiders own 9.50% of the company's stock.

About XPEL

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.