Insider Selling: XPEL, Inc. (NASDAQ:XPEL) CEO Sells 20,000 Shares of Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00. Following the sale, the chief executive officer now owns 1,085,607 shares in the company, valued at approximately $50,307,028.38. This trade represents a 1.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 shares were sold at an average price of $42.64, for a total transaction of $852,800.00.

XPEL Trading Down 6.7 %

XPEL stock traded down $3.11 during mid-day trading on Tuesday, hitting $43.41. The company had a trading volume of 136,374 shares, compared to its average volume of 197,415. 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 $42.58 and its two-hundred day moving average price is $39.93. The company has a market capitalization of $1.20 billion, a PE ratio of 24.91 and a beta of 1.85.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share 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 analysts’ expectations of $114.59 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. The company’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 earnings per share. Equities research analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current year.

Institutional Trading of XPEL

A number of hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System increased its position in XPEL by 2.8% during the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock valued at $477,000 after acquiring an additional 300 shares during the last quarter. Mendota Financial Group LLC grew its holdings in XPEL by 11.4% during the second quarter. Mendota Financial Group LLC now owns 3,606 shares of the company’s stock valued at $128,000 after purchasing an additional 370 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in XPEL by 0.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company’s stock valued at $6,822,000 after purchasing an additional 432 shares during the period. State of Alaska Department of Revenue grew its holdings in XPEL by 3.5% during the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock valued at $560,000 after purchasing an additional 441 shares during the period. Finally, GAMMA Investing LLC grew its holdings in XPEL by 190.4% during the third quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock valued at $34,000 after purchasing an additional 514 shares during the period. Hedge funds and other institutional investors own 75.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. B. Riley raised XPEL from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $37.00 to $58.00 in a report 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.