20,872 Shares of XPEL, Inc. $XPEL Purchased by Markel Group Inc.

Markel Group Inc. acquired a new position in XPEL, Inc. (NASDAQ:XPEL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,872 shares of the company’s stock, valued at approximately $922,000. Markel Group Inc. owned 0.08% of XPEL as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of XPEL during the 2nd quarter valued at approximately $190,144,000. SCS Capital Management LLC bought a new stake in XPEL during the 2nd quarter worth approximately $61,580,000. Schwartz Investment Counsel Inc. raised its stake in XPEL by 10.0% during the 3rd quarter. Schwartz Investment Counsel Inc. now owns 905,154 shares of the company’s stock worth $39,981,000 after acquiring an additional 82,330 shares during the period. Dimensional Fund Advisors LP lifted its holdings in XPEL by 16.9% during the first quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company’s stock valued at $20,911,000 after purchasing an additional 68,295 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new position in XPEL during the second quarter valued at approximately $15,236,000. Institutional investors own 75.08% of the company’s stock.

Wall Street Analyst Weigh In

XPEL has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of XPEL from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. B. Riley Financial increased their price objective on shares of XPEL from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Freedom Capital upgraded shares of XPEL from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $65.00.

XPEL Stock Down 5.3%

NASDAQ XPEL opened at $42.49 on Wednesday. XPEL, Inc. has a 12 month low of $31.88 and a 12 month high of $55.91. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.17 billion, a PE ratio of 22.42 and a beta of 1.20. The stock’s 50 day moving average is $45.81 and its 200 day moving average is $46.17.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The business had revenue of $143.05 million during the quarter, compared to analyst estimates of $135.09 million. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The company’s revenue was up 14.7% on a year-over-year basis. During the same period last year, the firm posted $0.59 EPS. Research analysts predict that XPEL, Inc. will post 2.12 EPS for the current fiscal year.

About XPEL

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