Quantbot Technologies LP bought a new stake in XPEL, Inc. (NASDAQ:XPEL – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm bought 1,483 shares of the company’s stock, valued at approximately $64,000.
A number of other large investors have also recently bought and sold shares of XPEL. Schwartz Investment Counsel Inc. raised its holdings in XPEL by 46.3% during the second quarter. Schwartz Investment Counsel Inc. now owns 512,000 shares of the company’s stock worth $18,207,000 after acquiring an additional 162,000 shares in the last quarter. Mawer Investment Management Ltd. increased its position in shares of XPEL by 3.2% during the 3rd quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company’s stock worth $15,134,000 after purchasing an additional 10,910 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of XPEL by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 207,423 shares of the company’s stock worth $8,996,000 after purchasing an additional 8,445 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of XPEL by 9.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 169,524 shares of the company’s stock valued at $6,028,000 after buying an additional 14,872 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of 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 in the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.
Insider Activity
In other news, CEO Ryan Pape sold 20,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $42.64, for a total value of $852,800.00. Following the transaction, the chief executive officer now directly owns 1,105,607 shares of the company’s stock, valued at $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $43.00, for a total transaction of $215,000.00. Following the sale, the director now directly owns 50,008 shares of the company’s stock, valued at $2,150,344. The trade was a 9.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 58,544 shares of company stock valued at $2,606,789 over the last three months. Insiders own 9.50% of the company’s stock.
XPEL Trading Up 0.1 %
XPEL (NASDAQ:XPEL – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating 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 company had revenue of $112.85 million for the quarter, compared to analysts’ expectations of $114.59 million. During the same period in the prior year, the firm earned $0.56 EPS. XPEL’s quarterly revenue was up 9.9% compared to the same quarter last year. As a group, research analysts forecast that XPEL, Inc. will post 1.73 earnings per share for the current year.
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.
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