Schwartz Investment Counsel Inc. Grows Stock Holdings in XPEL, Inc. (NASDAQ:XPEL)

Schwartz Investment Counsel Inc. lifted its stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 537,000 shares of the company's stock after acquiring an additional 25,000 shares during the period. Schwartz Investment Counsel Inc. owned approximately 1.94% of XPEL worth $21,448,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Laurus Investment Counsel Inc. boosted its holdings in shares of XPEL by 29.5% in the fourth quarter. Laurus Investment Counsel Inc. now owns 46,530 shares of the company's stock worth $1,858,000 after acquiring an additional 10,600 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of XPEL in the fourth quarter worth $1,113,000. Nordea Investment Management AB raised its position in shares of XPEL by 1.5% in the fourth quarter. Nordea Investment Management AB now owns 82,268 shares of the company's stock worth $3,289,000 after buying an additional 1,206 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of XPEL by 90.0% in the third quarter. JPMorgan Chase & Co. now owns 44,164 shares of the company's stock worth $1,915,000 after buying an additional 20,918 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of XPEL in the third quarter worth $686,000. 75.08% of the stock is owned by institutional investors.

Insider Buying and Selling

In other XPEL news, CEO Ryan Pape sold 20,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $46.34, for a total transaction of $926,800.00. Following the sale, the chief executive officer now owns 1,085,607 shares in the company, valued at $50,307,028.38. This trade represents a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mike Klonne sold 5,000 shares of the firm's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total value of $215,000.00. Following 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,544 shares of company stock worth $2,606,789. Corporate insiders own 9.50% of the company's stock.

XPEL Stock Down 0.3 %

Shares of XPEL stock traded down $0.11 on Friday, reaching $41.62. The company's stock had a trading volume of 82,180 shares, compared to its average volume of 113,388. XPEL, Inc. has a 12-month low of $30.75 and a 12-month high of $60.49. The company has a market capitalization of $1.15 billion, a P/E ratio of 23.78 and a beta of 1.84. The stock's 50 day simple moving average is $41.55 and its 200-day simple moving average is $42.24.

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.