GSA Capital Partners LLP Cuts Stock Holdings in XPEL, Inc. (NASDAQ:XPEL)

GSA Capital Partners LLP cut its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 51.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,957 shares of the company’s stock after selling 14,853 shares during the period. GSA Capital Partners LLP’s holdings in XPEL were worth $605,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Louisiana State Employees Retirement System increased its stake in XPEL by 2.8% during 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. ProShare Advisors LLC grew its holdings in shares of XPEL by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock worth $245,000 after purchasing an additional 313 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 in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in XPEL by 0.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company’s stock valued at $6,822,000 after buying an additional 432 shares during the period. Finally, State of Alaska Department of Revenue lifted its position in XPEL by 3.5% during 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 in the last quarter. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Price Performance

NASDAQ:XPEL opened at $43.52 on Tuesday. The firm has a 50-day moving average of $42.42 and a two-hundred day moving average of $39.50. The stock has a market cap of $1.20 billion, a P/E ratio of 24.87 and a beta of 1.85. XPEL, Inc. has a 1-year low of $30.75 and a 1-year high of $60.49.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $112.85 million during 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%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.56 EPS. As a group, equities analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on XPEL shares. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. B. Riley raised shares of 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 research report on Friday, August 9th.

XPEL 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.