XPEL, Inc. (NASDAQ:XPEL) Stock Position Cut by Edge Capital Group LLC

Edge Capital Group LLC decreased its holdings in shares of XPEL, Inc. (NASDAQ:XPEL) by 2.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,781,541 shares of the company’s stock after selling 51,999 shares during the period. XPEL makes up approximately 3.8% of Edge Capital Group LLC’s investment portfolio, making the stock its 3rd largest holding. Edge Capital Group LLC owned 0.06% of XPEL worth $71,155,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Quantbot Technologies LP purchased a new stake in shares of XPEL during the third quarter worth about $64,000. National Bank of Canada FI acquired a new stake in shares of XPEL during the third quarter worth about $71,000. FMR LLC lifted its holdings in shares of 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. MML Investors Services LLC acquired a new stake in shares of XPEL during the third quarter worth about $205,000. Finally, Creative Planning acquired a new stake in shares of XPEL during the third quarter worth about $208,000. Hedge funds and other institutional investors own 75.08% of the company’s stock.

Insider Buying and Selling

In other XPEL news, CEO Ryan Pape sold 13,544 shares of the business’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 value 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. The trade was a 1.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 9.50% of the company’s stock.

XPEL Stock Down 2.8 %

XPEL stock opened at $41.35 on Monday. XPEL, Inc. has a 52 week low of $30.75 and a 52 week high of $60.49. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 23.63 and a beta of 1.84. The stock has a 50-day moving average price of $41.29 and a 200 day moving average price of $42.53.

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.