7,858 Shares in XPEL, Inc. (NASDAQ:XPEL) Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC purchased a new position in shares of XPEL, Inc. (NASDAQ:XPEL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,858 shares of the company’s stock, valued at approximately $341,000.

A number of other institutional investors also recently bought and sold shares of XPEL. GAMMA Investing LLC lifted its holdings in shares of XPEL by 190.4% in the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock valued at $34,000 after purchasing an additional 514 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in XPEL during the 2nd quarter worth approximately $50,000. nVerses Capital LLC increased its position in XPEL by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $68,000 after purchasing an additional 1,800 shares during the period. Mendota Financial Group LLC increased its position in XPEL by 11.4% during 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 during the period. Finally, Creative Planning acquired a new position in XPEL during the 3rd quarter worth approximately $208,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Performance

NASDAQ:XPEL opened at $44.78 on Monday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.59 and a beta of 1.85. XPEL, Inc. has a one year low of $30.75 and a one year high of $60.49. The stock has a 50-day simple moving average of $42.41 and a 200 day simple moving average of $39.42.

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. The firm 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%. XPEL’s revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the company posted $0.56 earnings per share. On average, equities research analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.