XTX Topco Ltd Makes New Investment in XPEL, Inc. (NASDAQ:XPEL)

XTX Topco Ltd bought a new position in shares of XPEL, Inc. (NASDAQ:XPEL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,789 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XPEL. GAMMA Investing LLC raised its stake in XPEL by 190.4% during the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after acquiring an additional 514 shares during the period. Quantbot Technologies LP bought a new stake in XPEL during the 3rd quarter worth approximately $64,000. nVerses Capital LLC raised its stake 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 acquiring an additional 1,800 shares during the period. National Bank of Canada FI bought a new stake in XPEL during the 3rd quarter worth approximately $71,000. Finally, FMR LLC raised its stake in XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after acquiring an additional 1,994 shares during the period. Institutional investors own 75.08% of the company’s stock.

Insider Buying and Selling at XPEL

In related news, CEO Ryan Pape sold 13,544 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $45.20, for a total value of $612,188.80. Following the completion of the transaction, the chief executive officer now directly owns 1,072,063 shares of the company’s stock, valued at approximately $48,457,247.60. This trade represents a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mike Klonne sold 5,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the director now directly owns 50,008 shares of the company’s stock, valued at approximately $2,150,344. This trade represents a 9.09 % decrease in their ownership of the stock. 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 in the last three months. 9.50% of the stock is currently owned by corporate insiders.

XPEL Trading Down 1.2 %

NASDAQ XPEL opened at $43.45 on Wednesday. XPEL, Inc. has a 12 month low of $30.75 and a 12 month high of $60.49. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 24.83 and a beta of 1.81. The company’s 50 day moving average is $43.13 and its two-hundred day moving average is $40.99.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data 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 business had revenue of $112.85 million during the quarter, compared to analyst estimates of $114.59 million. During the same period last year, the firm posted $0.56 EPS. The company’s revenue was up 9.9% on a year-over-year basis. Sell-side analysts forecast that XPEL, Inc. will post 1.73 EPS 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.