Quantbot Technologies LP Acquires New Holdings in XPEL, Inc. (NASDAQ:XPEL)

Quantbot Technologies LP bought a new position in XPEL, Inc. (NASDAQ:XPEL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,483 shares of the company’s stock, valued at approximately $64,000.

Several other hedge funds also recently modified their holdings of the business. Bank of Montreal Can increased its holdings in shares of XPEL by 8.1% during the 3rd quarter. Bank of Montreal Can now owns 52,032 shares of the company’s stock valued at $2,265,000 after acquiring an additional 3,899 shares during the last quarter. Algert Global LLC bought a new stake in XPEL during the third quarter worth approximately $2,459,000. Charles Schwab Investment Management Inc. grew its holdings in XPEL by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 207,423 shares of the company’s stock valued at $8,996,000 after purchasing an additional 8,445 shares during the last quarter. Intech Investment Management LLC bought a new position in shares of XPEL in the third quarter valued at approximately $403,000. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of XPEL in the third quarter worth $1,222,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Trading Up 0.1 %

NASDAQ:XPEL opened at $45.03 on Friday. The firm’s fifty day simple moving average is $42.88 and its 200 day simple moving average is $40.53. The firm has a market capitalization of $1.25 billion, a PE ratio of 25.73 and a beta of 1.81. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49.

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

Insider Activity at XPEL

In other XPEL news, Director Mike Klonne sold 5,000 shares of the stock in a transaction on 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 directly owns 50,008 shares in the company, valued at approximately $2,150,344. This trade represents a 9.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,085,607 shares of the company’s stock, valued at $50,307,028.38. This trade represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 58,544 shares of company stock worth $2,606,789 in the last ninety days. 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.