Oppenheimer Asset Management Inc. Sells 1,878 Shares of XPEL, Inc. (NASDAQ:XPEL)

Oppenheimer Asset Management Inc. trimmed its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,053 shares of the company’s stock after selling 1,878 shares during the period. Oppenheimer Asset Management Inc. owned 0.10% of XPEL worth $1,120,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in XPEL by 90.0% during the third quarter. JPMorgan Chase & Co. now owns 44,164 shares of the company’s stock valued at $1,915,000 after purchasing an additional 20,918 shares during the period. Janney Montgomery Scott LLC bought a new position in XPEL during the fourth quarter valued at $1,113,000. Geode Capital Management LLC grew its holdings in XPEL by 4.7% during the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock valued at $24,807,000 after purchasing an additional 25,526 shares during the period. Franklin Resources Inc. bought a new position in XPEL during the third quarter valued at $686,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in XPEL by 35.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 46,631 shares of the company’s stock valued at $2,022,000 after purchasing an additional 12,256 shares during the period. 75.08% of the stock is owned by institutional investors.

XPEL Trading Down 1.0 %

Shares of NASDAQ XPEL opened at $30.09 on Wednesday. The stock has a fifty day simple moving average of $40.28 and a two-hundred day simple moving average of $42.04. XPEL, Inc. has a 1-year low of $29.00 and a 1-year high of $60.49. The firm has a market cap of $831.93 million, a price-to-earnings ratio of 17.19 and a beta of 1.84.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The company had revenue of $107.53 million during the quarter, compared to the consensus estimate of $106.98 million. Analysts forecast that XPEL, Inc. will post 1.73 EPS for the current year.

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.