Rockefeller Capital Management L.P. Lowers Position in XPEL, Inc. (NASDAQ:XPEL)

Rockefeller Capital Management L.P. reduced its position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 18.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 131,116 shares of the company's stock after selling 29,994 shares during the quarter. Rockefeller Capital Management L.P. owned 0.47% of XPEL worth $5,689,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crawford Fund Management LLC boosted its holdings in shares of XPEL by 3.1% during the 3rd quarter. Crawford Fund Management LLC now owns 136,593 shares of the company's stock valued at $5,924,000 after acquiring an additional 4,116 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of XPEL by 35.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 46,631 shares of the company's stock worth $2,022,000 after buying an additional 12,256 shares during the last quarter. Public Sector Pension Investment Board raised its stake in XPEL by 2.6% during the 3rd quarter. Public Sector Pension Investment Board now owns 48,045 shares of the company's stock worth $2,084,000 after acquiring an additional 1,200 shares during the period. FMR LLC raised its stake in XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company's stock worth $121,000 after acquiring an additional 1,994 shares during the period. Finally, Quantbot Technologies LP bought a new stake in XPEL during the 3rd quarter worth approximately $64,000. 75.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

XPEL has been the topic of a number of recent analyst reports. Craig Hallum upgraded shares of XPEL from a "hold" rating to a "buy" rating in a research note on Thursday, August 8th. B. Riley upgraded shares of XPEL from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $37.00 to $58.00 in a research report on Friday, August 9th.

Insiders Place Their Bets

In other news, CEO Ryan Pape sold 20,000 shares of the company's 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 transaction, the chief executive officer now owns 1,105,607 shares in the company, valued at $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mike Klonne sold 5,000 shares of the company's stock in a transaction that occurred 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 approximately $2,150,344. This represents a 9.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 58,544 shares of company stock valued at $2,606,789 over the last three months. 9.50% of the stock is owned by company insiders.

XPEL Stock Performance

Shares of XPEL stock traded up $0.48 on Thursday, hitting $46.29. 54,289 shares of the company traded hands, compared to its average volume of 195,202. The business has a 50-day simple moving average of $42.80 and a 200 day simple moving average of $40.38. XPEL, Inc. has a 52 week low of $30.75 and a 52 week high of $60.49. The stock has a market capitalization of $1.28 billion, a P/E ratio of 26.18 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 EPS 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 analyst estimates of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. XPEL's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 earnings per share. Research analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

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.