XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape Sells 13,544 Shares of Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 13,544 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $45.20, for a total value of $612,188.80. Following the sale, the chief executive officer now owns 1,072,063 shares in the company, valued at approximately $48,457,247.60. The trade was a 1.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, November 25th, Ryan Pape sold 20,000 shares of XPEL stock. The shares were sold at an average price of $46.34, for a total value of $926,800.00.
• 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 transaction of $852,800.00.

XPEL Stock Down 0.9 %

Shares of XPEL opened at $45.70 on Wednesday. The business’s fifty day moving average is $42.73 and its 200 day moving average is $40.35. 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 $1.26 billion, a P/E ratio of 26.11 and a beta of 1.81.

XPEL (NASDAQ:XPEL) last released 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 firm had revenue of $112.85 million for the quarter, compared to analyst estimates 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 last year, the firm earned $0.56 earnings per share. On average, analysts expect that XPEL, Inc. will post 1.73 EPS for the current year.

Institutional Trading of XPEL

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mawer Investment Management Ltd. purchased a new position in shares of XPEL during the second quarter valued at approximately $12,021,000. Wasatch Advisors LP boosted its holdings in XPEL by 4.5% during the 3rd quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company’s stock worth $170,548,000 after acquiring an additional 170,265 shares during the last quarter. Schwartz Investment Counsel Inc. grew its stake in shares of XPEL by 46.3% in the 2nd 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. Heritage Family Offices LLP purchased a new stake in shares of XPEL in the second quarter valued at about $2,909,000. Finally, Algert Global LLC purchased a new stake in shares of XPEL in the third quarter valued at about $2,459,000. 75.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.