Jane Street Group LLC Has $431,000 Holdings in XPEL, Inc. (NASDAQ:XPEL)

Jane Street Group LLC decreased its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 75.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 10,779 shares of the company’s stock after selling 33,335 shares during the quarter. Jane Street Group LLC’s holdings in XPEL were worth $431,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of XPEL. Janney Montgomery Scott LLC bought a new stake in shares of XPEL in the 4th quarter valued at $1,113,000. LHM Inc. bought a new position in XPEL during the 4th quarter worth about $4,887,000. Barclays PLC grew its holdings in shares of XPEL by 79.5% in the 3rd quarter. Barclays PLC now owns 78,646 shares of the company’s stock valued at $3,411,000 after acquiring an additional 34,830 shares in the last quarter. Bridges Investment Management Inc. grew its holdings in shares of XPEL by 260.1% in the 4th quarter. Bridges Investment Management Inc. now owns 24,997 shares of the company’s stock valued at $998,000 after acquiring an additional 18,056 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of XPEL by 47.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 193,046 shares of the company’s stock valued at $7,714,000 after acquiring an additional 61,930 shares in the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Trading Down 1.0%

Shares of XPEL opened at $36.17 on Friday. XPEL, Inc. has a 12 month low of $24.25 and a 12 month high of $48.58. The firm’s 50 day moving average is $31.06 and its 200-day moving average is $36.96. The stock has a market capitalization of $1.00 billion, a PE ratio of 20.67 and a beta of 1.83.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.06. The business had revenue of $103.81 million during the quarter, compared to the consensus estimate of $97.40 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. XPEL’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 EPS. Equities research analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

XPEL announced that its Board of Directors has approved a share buyback plan on Tuesday, May 6th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the company to buy up to 5.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of XPEL from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd.

XPEL Profile

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.