Ryan Pape Sells 20,000 Shares of XPEL, Inc. (NASDAQ:XPEL) Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 20,000 shares of XPEL stock in a transaction on Tuesday, November 19th. The shares were 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 owns 1,105,607 shares in the company, valued at approximately $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

XPEL Stock Up 1.7 %

Shares of NASDAQ:XPEL opened at $43.25 on Thursday. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 24.71 and a beta of 1.85. The firm’s 50-day simple moving average is $42.45 and its 200-day simple moving average is $39.60. XPEL, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $60.49.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on XPEL. B. Riley raised 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 report on Friday, August 9th. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th.

Institutional Trading of XPEL

A number of institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in XPEL by 4.7% during the third 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. Barclays PLC boosted its holdings in XPEL by 79.5% during the third quarter. Barclays PLC now owns 78,646 shares of the company’s stock worth $3,411,000 after buying an additional 34,830 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in XPEL by 11.9% during the third quarter. Public Employees Retirement System of Ohio now owns 63,058 shares of the company’s stock worth $2,735,000 after buying an additional 6,682 shares in the last quarter. MML Investors Services LLC purchased a new stake in XPEL during the third quarter worth about $205,000. Finally, XTX Topco Ltd purchased a new stake in XPEL during the third quarter worth about $294,000. Hedge funds and other institutional investors own 75.08% of the company’s stock.

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.