State Street Corp Purchases 32,188 Shares of XPEL, Inc. (NASDAQ:XPEL)

State Street Corp raised its position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 842,141 shares of the company's stock after buying an additional 32,188 shares during the period. State Street Corp owned about 3.05% of XPEL worth $36,524,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of XPEL. GAMMA Investing LLC raised its holdings in shares of XPEL by 190.4% in the third quarter. GAMMA Investing LLC now owns 784 shares of the company's stock valued at $34,000 after buying an additional 514 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of XPEL in the third quarter worth about $64,000. nVerses Capital LLC raised its stake in shares of XPEL by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company's stock worth $68,000 after acquiring an additional 1,800 shares during the last quarter. FMR LLC lifted its position in shares of XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company's stock worth $121,000 after purchasing an additional 1,994 shares in the last quarter. Finally, Creative Planning bought a new stake in shares of XPEL during the third quarter valued at approximately $208,000. Institutional investors and hedge funds own 75.08% of the company's stock.

Insiders Place Their Bets

In other XPEL news, Director Mike Klonne sold 5,000 shares of the company's stock in a transaction 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 completion of the sale, the director now owns 50,008 shares in the company, valued at approximately $2,150,344. The trade was a 9.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Pape sold 20,000 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $46.34, for a total value of $926,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,085,607 shares in the company, valued at approximately $50,307,028.38. This trade represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 58,544 shares of company stock valued at $2,606,789. 9.50% of the stock is currently owned by insiders.

XPEL Trading Down 2.6 %

Shares of XPEL stock traded down $1.08 during midday trading on Friday, reaching $40.64. The company had a trading volume of 265,733 shares, compared to its average volume of 193,069. The stock has a fifty day simple moving average of $42.99 and a 200 day simple moving average of $41.03. XPEL, Inc. has a 1-year low of $30.75 and a 1-year high of $60.49. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 23.22 and a beta of 1.81.

XPEL (NASDAQ:XPEL - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, beating 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 return on equity of 24.68% and a net margin of 11.61%. The business's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the firm earned $0.56 EPS. Sell-side 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.