Jane Street Group LLC Trims Stake in XPEL, Inc. (NASDAQ:XPEL)

Jane Street Group LLC decreased its holdings in XPEL, Inc. (NASDAQ:XPEL) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,114 shares of the company’s stock after selling 502 shares during the quarter. Jane Street Group LLC owned about 0.16% of XPEL worth $1,913,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XPEL. Louisiana State Employees Retirement System raised its holdings in XPEL by 2.8% during the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $477,000 after purchasing an additional 300 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in XPEL by 0.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company’s stock valued at $6,822,000 after buying an additional 432 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of XPEL by 3.5% during the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock worth $560,000 after purchasing an additional 441 shares in the last quarter. GAMMA Investing LLC lifted its holdings in XPEL by 190.4% in the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after buying an additional 514 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in XPEL by 19.3% during the 3rd quarter. Handelsbanken Fonder AB now owns 7,422 shares of the company’s stock valued at $322,000 after acquiring an additional 1,200 shares during the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

Insiders Place Their Bets

In other news, Director Mike Klonne sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $43.00, for a total transaction of $215,000.00. Following the completion of the transaction, the director now directly owns 50,008 shares in the company, valued at $2,150,344. The trade was a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Pape sold 20,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00. Following 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 represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,544 shares of company stock worth $2,606,789. 9.50% of the stock is currently owned by company insiders.

XPEL Stock Performance

NASDAQ XPEL opened at $40.58 on Wednesday. The firm has a market capitalization of $1.12 billion, a PE ratio of 23.19 and a beta of 1.81. XPEL, Inc. has a one year low of $30.75 and a one year high of $60.49. The company has a 50-day simple moving average of $42.95 and a 200-day simple moving average of $41.05.

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

XPEL 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.