Ryan Pape Sells 13,544 Shares of XPEL, Inc. (NASDAQ:XPEL) Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 13,544 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $45.20, for a total transaction of $612,188.80. Following the completion of the transaction, the chief executive officer now directly owns 1,072,063 shares of the company’s stock, valued at approximately $48,457,247.60. This represents a 1.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Ryan Pape also recently made the following trade(s):

• On Monday, November 25th, Ryan Pape sold 20,000 shares of XPEL stock. The stock was sold at an average price of $46.34, for a total transaction of $926,800.00.
• On Tuesday, November 19th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $42.64, for a total transaction of $852,800.00.

XPEL Stock Down 0.9 %

Shares of NASDAQ XPEL traded down $0.42 during trading on Tuesday, hitting $45.70. The company had a trading volume of 112,359 shares, compared to its average volume of 196,108. The stock has a fifty day simple moving average of $42.58 and a two-hundred day simple moving average of $40.17. XPEL, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $60.49. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 26.15 and a beta of 1.81.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. The firm had revenue of $112.85 million for the quarter, compared to analyst estimates of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. XPEL’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 earnings per share. On average, analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on XPEL shares. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and lifted their target price for the company from $37.00 to $58.00 in a research report on Friday, August 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in XPEL. GAMMA Investing LLC boosted its holdings in shares of XPEL by 190.4% in the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock valued at $34,000 after buying an additional 514 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new stake in XPEL in the 2nd quarter valued at $50,000. Quantbot Technologies LP purchased a new stake in XPEL in the 3rd quarter valued at $64,000. National Bank of Canada FI purchased a new position in XPEL during the 3rd quarter worth $71,000. Finally, nVerses Capital LLC increased its holdings in shares of XPEL by 1,800.0% in the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $68,000 after purchasing an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 75.08% 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.