Arizona State Retirement System Buys 201 Shares of XPEL, Inc. (NASDAQ:XPEL)

Arizona State Retirement System lifted its stake in XPEL, Inc. (NASDAQ:XPEL – Get Rating) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,454 shares of the company’s stock after acquiring an additional 201 shares during the period. Arizona State Retirement System’s holdings in XPEL were worth $328,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Nuveen Asset Management LLC increased its position in XPEL by 140.0% during the 3rd quarter. Nuveen Asset Management LLC now owns 151,547 shares of the company’s stock valued at $9,765,000 after buying an additional 88,412 shares in the last quarter. Maryland State Retirement & Pension System acquired a new position in XPEL during the 4th quarter valued at about $487,000. Quadrature Capital Ltd acquired a new position in XPEL during the 3rd quarter valued at about $222,000. Maryland Capital Management acquired a new position in XPEL during the 3rd quarter valued at about $228,000. Finally, Yousif Capital Management LLC increased its position in XPEL by 13.4% during the 3rd quarter. Yousif Capital Management LLC now owns 17,970 shares of the company’s stock valued at $1,158,000 after buying an additional 2,124 shares in the last quarter. 59.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. B. Riley cut their price objective on XPEL from $100.00 to $95.00 in a report on Wednesday, March 1st. EF Hutton Acquisition Co. I reissued a “buy” rating and issued a $104.00 price objective on shares of XPEL in a report on Wednesday, March 1st.

Insiders Place Their Bets

In other XPEL news, Director Richard K. Crumly sold 10,000 shares of the stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $77.92, for a total transaction of $779,200.00. Following the transaction, the director now owns 618,498 shares in the company, valued at $48,193,364.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have sold 140,001 shares of company stock worth $10,195,177. 22.60% of the stock is owned by corporate insiders.

XPEL Stock Down 1.0 %

Shares of XPEL opened at $73.35 on Monday. XPEL, Inc. has a 52 week low of $42.99 and a 52 week high of $87.01. The company has a quick ratio of 1.29, a current ratio of 4.35 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 45.28 and a beta of 1.91. The stock’s 50-day moving average price is $69.51 and its 200-day moving average price is $68.82.

XPEL (NASDAQ:XPEL – Get Rating) last issued its earnings results on Tuesday, February 28th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.11). XPEL had a return on equity of 37.55% and a net margin of 13.32%. The company had revenue of $78.48 million during the quarter, compared to analysts’ expectations of $83.06 million. On average, sell-side analysts predict that XPEL, Inc. will post 2.04 EPS for the current year.

XPEL Profile

(Get Rating)

XPEL, Inc engages in the manufacture and distribution of automotive products. It offers paint protection, aumototive, and flat glass window films, and plotters. The company was founded on October 14, 2003 and is headquartered in San Antonio, TX.