Fmr LLC Has $121,000 Position in XPEL, Inc. (NASDAQ:XPEL)

Fmr LLC grew its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 247.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,799 shares of the company’s stock after purchasing an additional 1,994 shares during the period. Fmr LLC’s holdings in XPEL were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of 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 buying an additional 514 shares during the last quarter. Quantbot Technologies LP bought a new stake in XPEL during the third quarter valued at $64,000. nVerses Capital LLC lifted its position in XPEL by 1,800.0% during the second 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 during the last quarter. Creative Planning purchased a new position in shares of XPEL in the 3rd quarter worth about $208,000. Finally, Financial Advocates Investment Management bought a new stake in shares of XPEL in the 2nd quarter worth approximately $223,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

Insider Activity

In other XPEL news, Director Mike Klonne sold 5,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the transaction, the director now owns 50,008 shares in the company, valued at approximately $2,150,344. This represents a 9.09 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 sale, the chief executive officer now owns 1,085,607 shares of the company’s stock, valued at approximately $50,307,028.38. This represents a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 58,544 shares of company stock worth $2,606,789 in the last quarter. 9.50% of the stock is owned by company insiders.

XPEL Price Performance

XPEL opened at $40.64 on Monday. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 23.22 and a beta of 1.81. The stock’s 50 day simple moving average is $42.99 and its 200 day simple moving average is $41.03. 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 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 business had revenue of $112.85 million during 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%. XPEL’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 EPS. As a group, sell-side analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current year.

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.