XPEL, Inc. (NASDAQ:XPEL) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 90.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,164 shares of the company's stock after acquiring an additional 20,918 shares during the period. JPMorgan Chase & Co. owned 0.16% of XPEL worth $1,915,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wasatch Advisors LP grew its stake in XPEL by 4.5% in the third quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company's stock worth $170,548,000 after purchasing an additional 170,265 shares in the last quarter. State Street Corp lifted its holdings in shares of XPEL by 4.0% in the 3rd quarter. State Street Corp now owns 842,141 shares of the company's stock worth $36,524,000 after buying an additional 32,188 shares during the period. Geode Capital Management LLC grew its position in shares of XPEL by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 571,880 shares of the company's stock worth $24,807,000 after buying an additional 25,526 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in shares of XPEL by 3.2% during the third quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company's stock valued at $15,134,000 after buying an additional 10,910 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of XPEL by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 207,423 shares of the company's stock valued at $8,996,000 after buying an additional 8,445 shares during the period. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Down 4.1 %

NASDAQ:XPEL traded down $1.84 during mid-day trading on Thursday, reaching $42.78. The company's stock had a trading volume of 144,019 shares, compared to its average volume of 103,218. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49. The stock has a fifty day moving average of $42.42 and a 200-day moving average of $41.65. The firm has a market capitalization of $1.18 billion, a PE ratio of 24.45 and a beta of 1.83.

XPEL (NASDAQ:XPEL - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. The firm had revenue of $112.85 million during the quarter, compared to analysts' expectations of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. The company's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 EPS. On average, analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

Insider Activity

In related news, Director Mike Klonne sold 5,000 shares of the firm's stock in a transaction dated Tuesday, November 19th. The stock was 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 of the company's stock, valued at $2,150,344. This trade represents a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ryan Pape sold 20,000 shares of the business'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 completion of the transaction, the chief executive officer now owns 1,085,607 shares of the company's stock, valued at $50,307,028.38. This represents a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,544 shares of company stock worth $2,606,789. 9.50% of the stock is currently owned by company insiders.

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.