XPEL (NASDAQ:XPEL) Stock Price Down 6.8% – Should You Sell?

XPEL, Inc. (NASDAQ:XPEL) was down 6.8% on Monday . The company traded as low as $38.96 and last traded at $39.09. Approximately 43,945 shares were traded during trading, a decline of 58% from the average daily volume of 105,683 shares. The stock had previously closed at $41.93.

XPEL Price Performance

The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 24.29 and a beta of 1.84. The firm’s fifty day moving average price is $42.00 and its 200-day moving average price is $42.07.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, beating 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 return on equity of 24.68% and a net margin of 11.61%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the firm posted $0.56 earnings per share. On average, research analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current year.

Insiders Place Their Bets

In other XPEL news, Director Mike Klonne sold 5,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the completion of the sale, the director now 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ryan Pape sold 13,544 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 1,072,063 shares of the company’s stock, valued at approximately $48,457,247.60. The trade was a 1.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 58,544 shares of company stock valued at $2,606,789 in the last ninety days. 9.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On XPEL

Several large investors have recently modified their holdings of XPEL. GAMMA Investing LLC boosted its position in XPEL by 190.4% during the third quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock valued at $34,000 after acquiring an additional 514 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of XPEL in the 3rd quarter valued at about $64,000. National Bank of Canada FI bought a new stake in shares of XPEL during the 3rd quarter valued at about $71,000. FMR LLC grew its stake in XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after purchasing an additional 1,994 shares during the period. Finally, MML Investors Services LLC bought a new stake in XPEL in the third quarter worth approximately $205,000. 75.08% of the stock is currently owned by institutional investors and hedge funds.

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.