XPEL, Inc. (NASDAQ:XPEL) Shares Sold by Nine Ten Capital Management LLC

Nine Ten Capital Management LLC trimmed its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 20.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 190,716 shares of the company's stock after selling 50,000 shares during the period. XPEL comprises 2.2% of Nine Ten Capital Management LLC's holdings, making the stock its 11th largest position. Nine Ten Capital Management LLC owned approximately 0.69% of XPEL worth $7,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased 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 valued at $1,915,000 after buying an additional 20,918 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in XPEL during the fourth quarter worth $1,113,000. LHM Inc. purchased a new position in XPEL during the fourth quarter valued at $4,887,000. Franklin Resources Inc. purchased a new stake in shares of XPEL during the third quarter worth about $686,000. Finally, Geode Capital Management LLC raised its holdings in shares of XPEL by 4.7% during the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company's stock valued at $24,807,000 after acquiring an additional 25,526 shares during the last quarter. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

XPEL Stock Performance

Shares of NASDAQ:XPEL traded up $0.82 during trading on Thursday, reaching $26.77. The stock had a trading volume of 871,709 shares, compared to its average volume of 215,702. XPEL, Inc. has a 1-year low of $24.25 and a 1-year high of $55.97. The stock has a market cap of $740.11 million, a PE ratio of 15.35 and a beta of 1.83. The business has a fifty day moving average price of $31.14 and a 200-day moving average price of $38.38.

XPEL (NASDAQ:XPEL - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The business had revenue of $107.53 million during the quarter, compared to analysts' expectations of $106.98 million. Sell-side analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

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.