Insider Selling: XPEL, Inc. (NASDAQ:XPEL) CEO Sells $852,800.00 in Stock

XPEL, Inc. (NASDAQ:XPEL) 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 transaction of $852,800.00. Following the completion of the sale, the chief executive officer now owns 1,105,607 shares in the company, valued at approximately $47,143,082.48. This trade represents a 1.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

XPEL Price Performance

Shares of XPEL stock opened at $44.85 on Friday. XPEL, Inc. has a 1-year low of $30.75 and a 1-year high of $60.49. The business’s fifty day moving average price is $42.49 and its two-hundred day moving average price is $39.63. The company has a market capitalization of $1.24 billion, a P/E ratio of 25.63 and a beta of 1.85.

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 analysts’ consensus estimates of $0.53 by $0.01. The business had revenue of $112.85 million for the quarter, compared to analysts’ expectations of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. The company’s revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 earnings per share. On average, research analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its position in XPEL by 190.4% in the third quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after purchasing an additional 514 shares during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of XPEL in the second quarter valued at $50,000. Quantbot Technologies LP acquired a new position in XPEL during the third quarter worth about $64,000. National Bank of Canada FI bought a new stake in XPEL in the third quarter worth about $71,000. Finally, nVerses Capital LLC lifted its holdings 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 acquiring an additional 1,800 shares during the last quarter. 75.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on XPEL. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $37.00 to $58.00 in a research note on Friday, August 9th. Craig Hallum raised XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th.

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.