XPEL, Inc. (NASDAQ:XPEL) Position Trimmed by Bares Capital Management Inc.

Bares Capital Management Inc. reduced its holdings in XPEL, Inc. (NASDAQ:XPEL) by 97.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 15,070 shares of the company’s stock after selling 661,012 shares during the quarter. XPEL makes up 0.1% of Bares Capital Management Inc.’s portfolio, making the stock its 13th biggest position. Bares Capital Management Inc. owned approximately 0.05% of XPEL worth $654,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Louisiana State Employees Retirement System lifted its holdings in XPEL by 2.8% in the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $477,000 after acquiring an additional 300 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of 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 during the last quarter. State of Alaska Department of Revenue boosted its position in XPEL by 3.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock valued at $560,000 after purchasing an additional 441 shares during the period. GAMMA Investing LLC grew its stake in XPEL by 190.4% during the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after buying an additional 514 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in XPEL by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 17,065 shares of the company’s stock worth $922,000 after buying an additional 901 shares during the period. 75.08% of the stock is currently owned by institutional investors.

Insider Transactions at XPEL

In other news, CEO Ryan Pape sold 20,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 1,105,607 shares in the company, valued at $47,143,082.48. This trade represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mike Klonne sold 5,000 shares of the business’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 value of $215,000.00. Following the sale, 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 Stock Performance

XPEL stock opened at $45.07 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 $1.25 billion, a price-to-earnings ratio of 25.75 and a beta of 1.81. The stock’s fifty day moving average is $42.88 and its two-hundred day moving average is $40.57.

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.

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.