Barclays PLC Grows Stock Position in XPEL, Inc. (NASDAQ:XPEL)

Barclays PLC lifted its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 79.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,646 shares of the company's stock after buying an additional 34,830 shares during the period. Barclays PLC owned about 0.28% of XPEL worth $3,411,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of XPEL. Public Employees Retirement System of Ohio grew its holdings in shares of XPEL by 11.9% in the third quarter. Public Employees Retirement System of Ohio now owns 63,058 shares of the company's stock valued at $2,735,000 after acquiring an additional 6,682 shares in the last quarter. MML Investors Services LLC purchased a new position in XPEL in the third quarter worth $205,000. XTX Topco Ltd bought a new position in XPEL in the 3rd quarter valued at $294,000. National Bank of Canada FI bought a new position in XPEL in the 3rd quarter valued at $71,000. Finally, State Street Corp increased its position in shares of XPEL by 4.0% during the 3rd quarter. State Street Corp now owns 842,141 shares of the company's stock valued at $36,524,000 after purchasing an additional 32,188 shares during the last quarter. Institutional investors own 75.08% of the company's stock.

XPEL Trading Up 1.5 %

Shares of NASDAQ:XPEL traded up $0.58 during midday trading on Tuesday, reaching $40.58. The company had a trading volume of 52,046 shares, compared to its average volume of 192,135. XPEL, Inc. has a 52-week low of $30.75 and a 52-week high of $60.49. The company's 50 day moving average price is $42.95 and its 200 day moving average price is $41.05. The stock has a market cap of $1.12 billion, a P/E ratio of 23.19 and a beta of 1.81.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share (EPS) for the quarter, topping 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 last year, the business posted $0.56 EPS. XPEL's quarterly revenue was up 9.9% compared to the same quarter last year. Research analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ryan Pape sold 20,000 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total transaction of $852,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,105,607 shares in the company, valued at $47,143,082.48. The trade was a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mike Klonne sold 5,000 shares of XPEL 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 of the company's stock, valued at approximately $2,150,344. This trade represents a 9.09 % decrease in their position. The disclosure for this sale can be found here. In 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.

About XPEL

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.