B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 28,187 shares of the company's stock, valued at approximately $1,222,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.10% of XPEL at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. Mawer Investment Management Ltd. acquired a new stake in XPEL during the 2nd quarter valued at $12,021,000. Schwartz Investment Counsel Inc. boosted its stake in shares of XPEL by 46.3% during the second quarter. Schwartz Investment Counsel Inc. now owns 512,000 shares of the company's stock valued at $18,207,000 after acquiring an additional 162,000 shares during the last quarter. Capital World Investors increased its position in XPEL by 14.7% during the 1st quarter. Capital World Investors now owns 1,036,709 shares of the company's stock worth $56,003,000 after purchasing an additional 133,182 shares in the last quarter. Heritage Family Offices LLP acquired a new position in XPEL in the 2nd quarter valued at about $2,909,000. Finally, Venator Management LLC purchased a new position in XPEL in the 2nd quarter valued at about $1,778,000. 75.08% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:XPEL opened at $45.73 on Friday. XPEL, Inc. has a 12-month low of $30.75 and a 12-month high of $60.49. The stock's 50-day moving average price is $42.53 and its two-hundred day moving average price is $39.73. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 26.13 and a beta of 1.85.
XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The firm had revenue of $112.85 million during 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%. XPEL's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.56 earnings per share. As a group, research analysts forecast that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.
In other XPEL news, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the transaction, the director now directly owns 50,008 shares of the company's stock, valued at $2,150,344. The trade was a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Pape sold 20,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total transaction of $852,800.00. Following the completion of the sale, the chief executive officer now directly owns 1,105,607 shares of the company's stock, valued at $47,143,082.48. The trade was a 1.78 % decrease in their position. The disclosure for this sale can be found here. Insiders own 9.50% of the company's stock.
XPEL has been the subject of a number of analyst reports. B. Riley raised shares of XPEL from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $37.00 to $58.00 in a research report on Friday, August 9th. Craig Hallum upgraded XPEL from a "hold" rating to a "buy" rating in a report on Thursday, August 8th.
Read Our Latest Stock Analysis on 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.
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