Renaissance Technologies LLC lifted its stake in XPEL, Inc. (NASDAQ:XPEL – Free Report) by 144.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,600 shares of the company’s stock after acquiring an additional 50,000 shares during the period. Renaissance Technologies LLC owned approximately 0.31% of XPEL worth $3,744,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in XPEL by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,994 shares of the company’s stock valued at $441,000 after purchasing an additional 619 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in XPEL by 12.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 62,214 shares of the company’s stock worth $1,828,000 after purchasing an additional 7,099 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of XPEL by 177.4% during the 1st quarter. Jane Street Group LLC now owns 29,905 shares of the company’s stock worth $879,000 after purchasing an additional 19,126 shares during the period. Creative Planning increased its holdings in shares of XPEL by 24.9% during the 2nd quarter. Creative Planning now owns 10,276 shares of the company’s stock worth $369,000 after purchasing an additional 2,050 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of XPEL by 354.0% during the second quarter. JPMorgan Chase & Co. now owns 115,193 shares of the company’s stock valued at $4,135,000 after buying an additional 89,820 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.
XPEL Stock Up 5.0%
NASDAQ XPEL opened at $50.07 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.37 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $45.76 and its two-hundred day moving average is $45.99. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 25.42 and a beta of 1.09. XPEL, Inc. has a 1-year low of $31.50 and a 1-year high of $55.91.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on XPEL shares. Zacks Research upgraded shares of XPEL from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. B. Riley Financial boosted their price target on XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. Freedom Capital cut XPEL from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, XPEL currently has a consensus rating of “Hold” and an average price target of $65.00.
View Our Latest Stock Report on XPEL
About XPEL
XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.
Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.
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