Centiva Capital LP Has $549,000 Stake in XPEL, Inc. (NASDAQ:XPEL)

Centiva Capital LP lowered its position in XPEL, Inc. (NASDAQ:XPEL) by 16.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,651 shares of the company’s stock after selling 2,511 shares during the period. Centiva Capital LP’s holdings in XPEL were worth $549,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of XPEL by 190.4% during the 3rd quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after purchasing an additional 514 shares during the last quarter. Quantbot Technologies LP bought a new stake in XPEL in the third quarter worth $64,000. nVerses Capital LLC increased its position in XPEL by 1,800.0% during the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock worth $68,000 after buying an additional 1,800 shares during the last quarter. FMR LLC raised its holdings in XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company’s stock valued at $121,000 after buying an additional 1,994 shares in the last quarter. Finally, Creative Planning acquired a new stake in shares of XPEL in the third quarter worth about $208,000. Institutional investors own 75.08% of the company’s stock.

XPEL Stock Performance

Shares of XPEL stock opened at $45.03 on Friday. The stock’s 50 day simple moving average is $42.88 and its 200 day simple moving average is $40.53. XPEL, Inc. has a twelve month low of $30.75 and a twelve month high of $60.49. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 25.73 and a beta of 1.81.

XPEL (NASDAQ:XPEL) last released its quarterly 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. 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 business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.56 earnings per share. On average, analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insider Transactions at XPEL

In related news, CEO Ryan Pape sold 20,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $46.34, for a total value of $926,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,085,607 shares in the company, valued at approximately $50,307,028.38. This represents a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction on 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 owns 50,008 shares in the company, valued at $2,150,344. This represents a 9.09 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,544 shares of company stock worth $2,606,789. 9.50% of the stock is currently owned by company insiders.

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.