XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape Sells 20,000 Shares

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 20,000 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $46.34, for a total value 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. The trade was a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Ryan Pape also recently made the following trade(s):

• On Tuesday, November 19th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $42.64, for a total value of $852,800.00.

XPEL Stock Down 6.7 %

Shares of XPEL stock opened at $43.41 on Wednesday. XPEL, Inc. has a twelve month low of $30.75 and a twelve month high of $60.49. The company has a market cap of $1.20 billion, a P/E ratio of 24.81 and a beta of 1.85. The business has a fifty day simple moving average of $42.57 and a 200 day simple moving average of $39.99.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On XPEL

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System increased its holdings in XPEL by 2.8% in the 3rd 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 in the last quarter. Mendota Financial Group LLC increased its holdings in XPEL by 11.4% in the 2nd quarter. Mendota Financial Group LLC now owns 3,606 shares of the company’s stock worth $128,000 after purchasing an additional 370 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in XPEL by 0.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company’s stock worth $6,822,000 after purchasing an additional 432 shares in the last quarter. State of Alaska Department of Revenue increased its stake in shares of XPEL by 3.5% in the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock valued at $560,000 after buying an additional 441 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of XPEL by 190.4% in 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 period. Institutional investors and hedge funds own 75.08% of the company’s stock.

About XPEL

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.