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 firm’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 of the company’s stock, valued at approximately $50,307,028.38. This trade represents a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 stock was sold at an average price of $42.64, for a total transaction of $852,800.00.

XPEL Stock Up 0.1 %

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

XPEL (NASDAQ:XPEL) last issued its earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $114.59 million. During the same quarter in the previous year, the company posted $0.56 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, equities research analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on XPEL. B. Riley raised XPEL from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $37.00 to $58.00 in a report on Friday, August 9th. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th.

Hedge Funds Weigh In On XPEL

Several institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its position in shares of XPEL by 190.4% during the third quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after acquiring an additional 514 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new position in XPEL in the 2nd quarter worth $50,000. Quantbot Technologies LP acquired a new position in XPEL in the 3rd quarter worth $64,000. National Bank of Canada FI bought a new position in XPEL during the 3rd quarter worth about $71,000. Finally, nVerses Capital LLC raised its stake in shares of XPEL by 1,800.0% in the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $68,000 after purchasing an additional 1,800 shares during the period. Institutional investors own 75.08% of the company’s stock.

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.