Capital World Investors Has $48.66 Million Position in XPEL, Inc. (NASDAQ:XPEL)

Capital World Investors boosted its holdings in XPEL, Inc. (NASDAQ:XPELFree Report) by 34.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 903,527 shares of the company’s stock after buying an additional 233,542 shares during the period. Capital World Investors’ holdings in XPEL were worth $48,655,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. WINTON GROUP Ltd bought a new position in shares of XPEL during the third quarter valued at $222,000. Quest Partners LLC acquired a new stake in XPEL in the fourth quarter valued at $273,000. Dark Forest Capital Management LP bought a new position in XPEL during the 3rd quarter worth $283,000. NBC Securities Inc. raised its position in XPEL by 11.2% during the 4th quarter. NBC Securities Inc. now owns 5,574 shares of the company’s stock worth $300,000 after purchasing an additional 562 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new position in XPEL during the 3rd quarter worth about $350,000. 75.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at XPEL

In related news, Director John F. North acquired 3,000 shares of XPEL stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $32.17 per share, with a total value of $96,510.00. Following the transaction, the director now directly owns 3,799 shares in the company, valued at approximately $122,213.83. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 9.50% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on XPEL shares. B. Riley reissued a “neutral” rating and issued a $37.00 price target (down previously from $74.00) on shares of XPEL in a research note on Friday, May 3rd. Craig Hallum reissued a “hold” rating and set a $40.00 target price (down previously from $60.00) on shares of XPEL in a research report on Friday, May 3rd.

Check Out Our Latest Research Report on XPEL

XPEL Price Performance

XPEL stock opened at $39.14 on Friday. The company has a quick ratio of 1.34, a current ratio of 4.81 and a debt-to-equity ratio of 0.13. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 22.62 and a beta of 1.74. The company’s fifty day simple moving average is $44.63 and its 200 day simple moving average is $49.38. XPEL, Inc. has a 12-month low of $30.75 and a 12-month high of $87.46.

XPEL (NASDAQ:XPELGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). XPEL had a net margin of 11.99% and a return on equity of 29.11%. The business had revenue of $90.10 million during the quarter, compared to analyst estimates of $94.08 million. During the same period in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, analysts expect that XPEL, Inc. will post 1.6 earnings per share for the current year.

About XPEL

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for XPEL (NASDAQ:XPEL)

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