XPEL, Inc. (NASDAQ:XPEL) Director Richard K. Crumly Sells 10,000 Shares of Stock

XPEL, Inc. (NASDAQ:XPEL – Get Rating) Director Richard K. Crumly sold 10,000 shares of the firm’s stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $72.33, for a total value of $723,300.00. Following the completion of the transaction, the director now directly owns 734,998 shares in the company, valued at approximately $53,162,405.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

XPEL Stock Performance

NASDAQ:XPEL opened at $74.85 on Wednesday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 53.09 and a beta of 1.86. The stock has a 50-day moving average price of $65.18 and a 200 day moving average price of $65.39. The company has a current ratio of 3.29, a quick ratio of 1.11 and a debt-to-equity ratio of 0.23. XPEL, Inc. has a 12-month low of $39.80 and a 12-month high of $87.01.

XPEL (NASDAQ:XPEL – Get Rating) last released its quarterly earnings results on Wednesday, November 9th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.06. The business had revenue of $89.76 million during the quarter, compared to analysts’ expectations of $85.02 million. XPEL had a return on equity of 40.61% and a net margin of 12.43%. Equities research analysts forecast that XPEL, Inc. will post 1.6 EPS for the current fiscal year.

Analyst Ratings Changes

XPEL has been the subject of several research analyst reports. EF Hutton Acquisition Co. I initiated coverage on XPEL in a research report on Tuesday, September 27th. They set a “buy” rating and a $104.00 target price for the company. Craig Hallum cut their target price on XPEL to $85.00 in a research report on Tuesday, November 15th.

Hedge Funds Weigh In On XPEL

Institutional investors have recently added to or reduced their stakes in the company. Heritage Wealth Management LLC purchased a new position in XPEL during the 2nd quarter valued at approximately $207,000. Alta Fox Capital Management LLC boosted its holdings in shares of XPEL by 141.7% in the 2nd quarter. Alta Fox Capital Management LLC now owns 368,833 shares of the company’s stock worth $16,940,000 after purchasing an additional 216,213 shares during the period. Rice Hall James & Associates LLC boosted its holdings in shares of XPEL by 48.9% in the 2nd quarter. Rice Hall James & Associates LLC now owns 49,888 shares of the company’s stock worth $2,291,000 after purchasing an additional 16,390 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of XPEL in the 3rd quarter worth approximately $58,000. Finally, Avalon Investment & Advisory purchased a new position in shares of XPEL in the 3rd quarter worth approximately $3,088,000. Hedge funds and other institutional investors own 59.47% of the company’s stock.

XPEL Company Profile

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XPEL, Inc manufactures, sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection films, headlight protection, and automotive and architectural window films, as well as proprietary software. It also provides merchandise and apparel; ceramic coatings; and tools and accessories, which includes squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.