XPEL, Inc. (NASDAQ:XPEL) Shares Bought by Swiss National Bank

Swiss National Bank grew its holdings in shares of XPEL, Inc. (NASDAQ:XPEL – Get Rating) by 2.4% during the fourth quarter, Holdings Channel reports. The firm owned 46,700 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Swiss National Bank’s holdings in XPEL were worth $2,805,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Arizona State Retirement System increased its holdings in shares of XPEL by 3.8% in the 4th quarter. Arizona State Retirement System now owns 5,454 shares of the company’s stock worth $328,000 after acquiring an additional 201 shares during the period. UBS Asset Management Americas Inc. increased its holdings in shares of XPEL by 1.5% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 13,813 shares of the company’s stock worth $890,000 after acquiring an additional 206 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of XPEL by 118.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock worth $32,000 after acquiring an additional 326 shares during the period. Royce & Associates LP increased its holdings in shares of XPEL by 8.5% in the 3rd quarter. Royce & Associates LP now owns 5,100 shares of the company’s stock worth $329,000 after acquiring an additional 400 shares during the period. Finally, Federated Hermes Inc. acquired a new stake in shares of XPEL in the 3rd quarter worth about $28,000. 59.47% of the stock is owned by institutional investors and hedge funds.

XPEL Stock Performance

Shares of XPEL opened at $72.30 on Wednesday. The firm has a 50-day moving average price of $69.85 and a 200 day moving average price of $68.94. The firm has a market capitalization of $2.00 billion, a PE ratio of 44.63 and a beta of 1.91. The company has a quick ratio of 1.29, a current ratio of 4.35 and a debt-to-equity ratio of 0.20. XPEL, Inc. has a 52-week low of $42.99 and a 52-week high of $87.01.

XPEL (NASDAQ:XPEL – Get Rating) last posted its quarterly earnings data on Tuesday, February 28th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.11). XPEL had a net margin of 13.32% and a return on equity of 37.55%. The business had revenue of $78.48 million for the quarter, compared to the consensus estimate of $83.06 million. On average, sell-side analysts anticipate that XPEL, Inc. will post 2.04 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Richard K. Crumly sold 10,000 shares of the firm’s stock in a transaction dated Thursday, April 13th. The shares were sold at an average price of $70.76, for a total transaction of $707,600.00. Following the completion of the transaction, the director now owns 603,768 shares in the company, valued at approximately $42,722,623.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other XPEL news, Director Richard K. Crumly sold 10,000 shares of the company’s stock in a transaction dated Thursday, April 13th. The shares were sold at an average price of $70.76, for a total transaction of $707,600.00. Following the completion of the sale, the director now directly owns 603,768 shares of the company’s stock, valued at $42,722,623.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mark Adams sold 19,893 shares of the company’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $75.00, for a total transaction of $1,491,975.00. Following the sale, the director now directly owns 2,181,408 shares of the company’s stock, valued at $163,605,600. The disclosure for this sale can be found here. In the last quarter, insiders sold 159,894 shares of company stock worth $11,687,152. Corporate insiders own 22.60% of the company’s stock.

Wall Street Analyst Weigh In

XPEL has been the topic of a number of analyst reports. B. Riley dropped their price objective on shares of XPEL from $100.00 to $95.00 in a report on Wednesday, March 1st. EF Hutton Acquisition Co. I reiterated a “buy” rating and issued a $104.00 target price on shares of XPEL in a research report on Wednesday, March 1st.

About XPEL

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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.