Charles Schwab Investment Management Inc. Purchases 8,445 Shares of XPEL, Inc. (NASDAQ:XPEL)

Charles Schwab Investment Management Inc. boosted its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 207,423 shares of the company’s stock after buying an additional 8,445 shares during the period. Charles Schwab Investment Management Inc.’s holdings in XPEL were worth $8,996,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC bought a new stake in shares of XPEL in the 3rd quarter valued at approximately $403,000. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of XPEL in the 3rd quarter valued at approximately $1,222,000. Mawer Investment Management Ltd. lifted its stake in shares of XPEL by 3.2% in the 3rd quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company’s stock valued at $15,134,000 after purchasing an additional 10,910 shares during the last quarter. Kovack Advisors Inc. bought a new stake in shares of XPEL in the 3rd quarter valued at approximately $295,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of XPEL in the 3rd quarter valued at approximately $341,000. 75.08% of the stock is owned by institutional investors.

Insider Transactions at XPEL

In other XPEL news, Director Mike Klonne sold 5,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $43.00, for a total transaction of $215,000.00. Following the transaction, the director now directly owns 50,008 shares in the company, valued at $2,150,344. This trade represents a 9.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ryan Pape sold 13,544 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $45.20, for a total value of $612,188.80. Following the transaction, the chief executive officer now owns 1,072,063 shares in the company, valued at $48,457,247.60. The trade was a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 58,544 shares of company stock worth $2,606,789. 9.50% of the stock is currently owned by company insiders.

XPEL Price Performance

NASDAQ:XPEL opened at $45.05 on Wednesday. The business has a 50 day simple moving average of $42.91 and a 200-day simple moving average of $40.65. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 25.95 and a beta of 1.81.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. XPEL had a return on equity of 24.68% and a net margin of 11.61%. The firm had revenue of $112.85 million for the quarter, compared to the consensus estimate of $114.59 million. During the same period in the prior year, the business posted $0.56 earnings per share. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. As a group, analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

XPEL Company 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.