UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 12,256 Shares of XPEL, Inc. (NASDAQ:XPEL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 35.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,631 shares of the company's stock after acquiring an additional 12,256 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.17% of XPEL worth $2,022,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in XPEL. GAMMA Investing LLC boosted its position in shares of XPEL by 190.4% in the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company's stock worth $34,000 after purchasing an additional 514 shares during the last quarter. Quantbot Technologies LP bought a new position in XPEL during the third quarter worth about $64,000. nVerses Capital LLC grew its position in shares of XPEL by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company's stock worth $68,000 after buying an additional 1,800 shares during the period. FMR LLC grew its position in shares of XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company's stock worth $121,000 after buying an additional 1,994 shares during the period. Finally, Creative Planning bought a new stake in shares of XPEL in the 3rd quarter valued at about $208,000. Institutional investors and hedge funds own 75.08% of the company's stock.

XPEL Stock Down 0.2 %

XPEL stock traded down $0.08 during midday trading on Monday, hitting $43.97. 123,538 shares of the stock were exchanged, compared to its average volume of 192,788. 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 $1.22 billion, a PE ratio of 25.17 and a beta of 1.81. The company has a fifty day simple moving average of $43.09 and a two-hundred day simple moving average of $40.90.

XPEL (NASDAQ:XPEL - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $114.59 million. During the same quarter in the previous year, the business earned $0.56 EPS. The firm's revenue was up 9.9% on a year-over-year basis. As a group, equities research analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insider Buying and Selling at XPEL

In related 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 value of $215,000.00. Following the completion of the transaction, the director now directly owns 50,008 shares of the company's stock, valued at approximately $2,150,344. This represents a 9.09 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ryan Pape sold 20,000 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $46.34, for a total value of $926,800.00. Following the transaction, the chief executive officer now owns 1,085,607 shares of the company's stock, 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. Over the last ninety days, insiders sold 58,544 shares of company stock valued at $2,606,789. Company insiders own 9.50% of the company's stock.

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.