XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape Sells 8,000 Shares of Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 8,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $77.42, for a total transaction of $619,360.00. Following the completion of the transaction, the chief executive officer now directly owns 1,120,176 shares in the company, valued at $86,724,025.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ryan Pape also recently made the following trade(s):

• On Monday, August 28th, Ryan Pape sold 8,000 shares of XPEL stock. The shares were sold at an average price of $83.53, for a total value of $668,240.00.
• On Monday, August 21st, Ryan Pape sold 8,000 shares of XPEL stock. The stock was sold at an average price of $83.03, for a total value of $664,240.00.

XPEL Stock Up 2.3 %

XPEL stock opened at $76.51 on Friday. XPEL, Inc. has a 1 year low of $57.13 and a 1 year high of $87.46. The firm has a market cap of $2.11 billion, a PE ratio of 43.47 and a beta of 1.91. The company has a fifty day simple moving average of $82.06 and a 200 day simple moving average of $75.38. The company has a current ratio of 3.55, a quick ratio of 1.21 and a debt-to-equity ratio of 0.08.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Wednesday, August 9th. The company reported $0.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.57. The firm had revenue of $102.30 million for the quarter, compared to analyst estimates of $101.47 million. XPEL had a net margin of 13.71% and a return on equity of 36.89%. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. Sell-side analysts anticipate that XPEL, Inc. will post 2.02 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, B. Riley increased their price objective on XPEL from $95.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, August 10th.

Hedge Funds Weigh In On XPEL

Several hedge funds and other institutional investors have recently modified their holdings of XPEL. BlackRock Inc. raised its stake in XPEL by 114.4% during the first quarter. BlackRock Inc. now owns 2,726,185 shares of the company’s stock worth $143,425,000 after acquiring an additional 1,454,820 shares in the last quarter. Capital International Investors acquired a new stake in shares of XPEL during the 1st quarter worth about $21,921,000. Wasatch Advisors Inc. lifted its holdings in XPEL by 16.7% during the 1st quarter. Wasatch Advisors Inc. now owns 2,876,402 shares of the company’s stock valued at $151,328,000 after purchasing an additional 411,462 shares during the last quarter. Brown Advisory Inc. boosted its position in XPEL by 172.1% in the first quarter. Brown Advisory Inc. now owns 538,739 shares of the company’s stock valued at $36,607,000 after buying an additional 340,773 shares in the last quarter. Finally, Wasatch Advisors LP grew its stake in XPEL by 12.6% during the second quarter. Wasatch Advisors LP now owns 2,796,782 shares of the company’s stock worth $235,545,000 after buying an additional 311,957 shares during the last quarter. Institutional investors own 64.75% of the company’s stock.

About XPEL

XPEL, Inc sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection, 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 include squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.