Janney Montgomery Scott LLC Makes New Investment in XPEL, Inc. (NASDAQ:XPEL)

Janney Montgomery Scott LLC purchased a new stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 27,866 shares of the company's stock, valued at approximately $1,113,000. Janney Montgomery Scott LLC owned about 0.10% of XPEL as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Louisiana State Employees Retirement System lifted its stake in shares of XPEL by 2.8% in the 3rd quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company's stock worth $477,000 after purchasing an additional 300 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of XPEL by 0.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company's stock worth $6,822,000 after purchasing an additional 432 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of XPEL by 3.5% in the 3rd quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company's stock worth $560,000 after purchasing an additional 441 shares during the period. GAMMA Investing LLC raised its stake in XPEL by 190.4% during the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company's stock worth $34,000 after acquiring an additional 514 shares during the period. Finally, Handelsbanken Fonder AB raised its stake in XPEL by 19.3% during the 3rd quarter. Handelsbanken Fonder AB now owns 7,422 shares of the company's stock worth $322,000 after acquiring an additional 1,200 shares during the period. Hedge funds and other institutional investors own 75.08% of the company's stock.

Insiders Place Their Bets

In other news, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the sale, the director now owns 50,008 shares in the company, valued at $2,150,344. This trade represents a 9.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryan Pape sold 13,544 shares of the firm'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 completion of the transaction, the chief executive officer now directly owns 1,072,063 shares of the company's stock, valued at approximately $48,457,247.60. This trade represents a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,544 shares of company stock worth $2,606,789. Company insiders own 9.50% of the company's stock.

XPEL Trading Down 2.3 %

NASDAQ XPEL traded down $0.97 on Friday, reaching $42.04. 143,875 shares of the stock were exchanged, compared to its average volume of 113,388. XPEL, Inc. has a one year low of $30.75 and a one year high of $60.49. The firm has a market capitalization of $1.16 billion, a PE ratio of 24.02 and a beta of 1.84. The company's 50-day simple moving average is $41.95 and its two-hundred day simple moving average is $42.15.

XPEL (NASDAQ:XPEL - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, topping 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 company had revenue of $112.85 million for the quarter, compared to analysts' expectations of $114.59 million. During the same quarter last year, the business earned $0.56 EPS. The firm's revenue was up 9.9% compared to the same quarter last year. Sell-side analysts forecast that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

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.