XPEL (NASDAQ:XPEL) Trading Down 4.4% – Should You Sell?

XPEL, Inc. (NASDAQ:XPEL)’s stock price was down 4.4% during mid-day trading on Thursday . The stock traded as low as $42.68 and last traded at $42.66. Approximately 27,548 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 98,808 shares. The stock had previously closed at $44.62.

XPEL Trading Down 4.3 %

The company has a market cap of $1.18 billion, a PE ratio of 24.41 and a beta of 1.83. The stock has a 50 day moving average price of $42.42 and a 200 day moving average price of $41.65.

XPEL (NASDAQ:XPEL) last released its earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the prior year, the firm earned $0.56 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. Equities analysts expect that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insider Activity

In other news, Director Mike Klonne sold 5,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the sale, the director now owns 50,008 shares in the company, valued at $2,150,344. This represents a 9.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $46.34, for a total transaction of $926,800.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 58,544 shares of company stock worth $2,606,789. Insiders own 9.50% of the company’s stock.

Institutional Trading of XPEL

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC boosted its position in shares of XPEL by 190.4% during 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 last quarter. Quantbot Technologies LP bought a new stake in shares of XPEL in the third quarter worth approximately $64,000. National Bank of Canada FI bought a new position in XPEL during the third quarter valued at approximately $71,000. FMR LLC boosted its holdings in XPEL by 247.7% in the third quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after purchasing an additional 1,994 shares during the last quarter. Finally, MML Investors Services LLC bought a new stake in XPEL in the 3rd quarter worth approximately $205,000. Institutional investors own 75.08% 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.