Ryan Pape Sells 20,000 Shares of XPEL, Inc. (NASDAQ:XPEL) Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 20,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00. Following the sale, the chief executive officer now directly owns 1,085,607 shares of the company’s stock, valued at approximately $50,307,028.38. This represents a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ryan Pape also recently made the following trade(s):

• On Tuesday, November 19th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $42.64, for a total value of $852,800.00.

XPEL Trading Up 0.1 %

Shares of XPEL stock opened at $43.46 on Thursday. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49. The stock has a 50-day moving average price of $42.58 and a 200 day moving average price of $40.02. The company has a market cap of $1.20 billion, a P/E ratio of 24.83 and a beta of 1.85.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $114.59 million. During the same period in the prior year, the business posted $0.56 earnings per share. XPEL’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, equities analysts forecast that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On XPEL

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its stake in 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 buying an additional 514 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of XPEL in the second quarter valued at about $50,000. Quantbot Technologies LP acquired a new stake in shares of XPEL in the third quarter valued at about $64,000. National Bank of Canada FI bought a new position in shares of XPEL in the third quarter worth about $71,000. Finally, nVerses Capital LLC lifted its position in shares of 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 last quarter. 75.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

XPEL Company 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.