XPEL, Inc. (NASDAQ:XPEL) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 79.5% during the third quarter, Holdings Channel.com reports. The fund owned 78,646 shares of the company’s stock after acquiring an additional 34,830 shares during the quarter. Barclays PLC’s holdings in XPEL were worth $3,411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venator Management LLC acquired a new position in shares of XPEL in the 2nd quarter worth approximately $1,778,000. Mawer Investment Management Ltd. bought a new stake in XPEL during the second quarter worth approximately $12,021,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in XPEL by 35.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 46,631 shares of the company’s stock worth $2,022,000 after buying an additional 12,256 shares in the last quarter. Algert Global LLC acquired a new position in XPEL in the third quarter worth approximately $2,459,000. Finally, Bank of Montreal Can increased its holdings in shares of XPEL by 47.0% in the second quarter. Bank of Montreal Can now owns 48,133 shares of the company’s stock valued at $1,746,000 after buying an additional 15,385 shares in the last quarter. 75.08% of the stock is currently owned by institutional investors.

XPEL Stock Down 1.6 %

XPEL opened at $40.00 on Tuesday. The firm has a market cap of $1.11 billion, a PE ratio of 22.86 and a beta of 1.81. The business has a fifty day simple moving average of $42.99 and a 200-day simple moving average of $41.04. XPEL, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $60.49.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The business had revenue of $112.85 million during the quarter, compared to analyst estimates of $114.59 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 9.9% on a year-over-year basis. During the same quarter last year, the company posted $0.56 EPS. On average, equities research analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Ryan Pape sold 20,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total value of $852,800.00. Following the completion of the sale, the chief executive officer now owns 1,105,607 shares in the company, valued at $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total value of $215,000.00. Following the transaction, the director now owns 50,008 shares in the company, valued at $2,150,344. This represents a 9.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 58,544 shares of company stock worth $2,606,789 over the last ninety days. 9.50% of the stock is currently owned by company insiders.

About XPEL

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.