XPEL, Inc. (NASDAQ:XPEL) Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel grew its holdings in XPEL, Inc. (NASDAQ:XPEL) by 29.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,442 shares of the company’s stock after acquiring an additional 10,608 shares during the period. Aurora Investment Counsel owned about 0.17% of XPEL worth $1,651,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of XPEL. Carolina Wealth Advisors LLC purchased a new position in XPEL in the second quarter valued at $50,000. nVerses Capital LLC raised its position in XPEL by 1,800.0% in the 2nd 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 in the last quarter. Mendota Financial Group LLC boosted its stake in shares of XPEL by 11.4% in the 2nd quarter. Mendota Financial Group LLC now owns 3,606 shares of the company’s stock valued at $128,000 after buying an additional 370 shares during the period. ProShare Advisors LLC grew its position in shares of XPEL by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock worth $245,000 after buying an additional 313 shares in the last quarter. Finally, Aristides Capital LLC purchased a new stake in shares of XPEL during the fourth quarter worth approximately $247,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Trading Down 0.4 %

NASDAQ:XPEL opened at $43.37 on Tuesday. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $78.62. The stock has a market cap of $1.20 billion, a P/E ratio of 25.07 and a beta of 1.84. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.62 and a current ratio of 4.77. The stock has a 50-day simple moving average of $41.88 and a 200-day simple moving average of $42.42.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.08. XPEL had a return on equity of 26.80% and a net margin of 11.59%. The firm had revenue of $109.92 million during the quarter, compared to the consensus estimate of $105.67 million. During the same period in the prior year, the company posted $0.57 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, analysts anticipate that XPEL, Inc. will post 1.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

XPEL has been the topic of several analyst reports. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $37.00 to $58.00 in a research note on Friday, August 9th. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th.

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.