XPEL, Inc. (NASDAQ:XPEL) Stock Position Lifted by Barclays PLC

Barclays PLC grew its position in XPEL, Inc. (NASDAQ:XPEL) by 79.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,646 shares of the company’s stock after acquiring an additional 34,830 shares during the quarter. Barclays PLC owned approximately 0.28% of XPEL worth $3,411,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mawer Investment Management Ltd. bought a new position in XPEL in the second quarter worth about $12,021,000. Wasatch Advisors LP lifted its holdings in shares of XPEL by 4.5% in the 3rd quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company’s stock worth $170,548,000 after purchasing an additional 170,265 shares during the last quarter. Heritage Family Offices LLP acquired a new position in XPEL during the 2nd quarter valued at approximately $2,909,000. Algert Global LLC bought a new position in XPEL during the 3rd quarter worth $2,459,000. Finally, Venator Management LLC acquired a new stake in XPEL in the second quarter worth $1,778,000. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Stock Performance

XPEL stock opened at $40.00 on Tuesday. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 22.86 and a beta of 1.81. The stock’s fifty day moving average is $42.99 and its two-hundred day moving average is $41.04.

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

Insider Transactions at XPEL

In related news, CEO Ryan Pape sold 20,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $42.64, for a total value of $852,800.00. Following the completion of the sale, the chief executive officer now owns 1,105,607 shares of the company’s stock, valued at $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mike Klonne sold 5,000 shares of the firm’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 directly owns 50,008 shares in the company, valued at approximately $2,150,344. The trade was a 9.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 58,544 shares of company stock worth $2,606,789. Company insiders own 9.50% of the company’s stock.

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.