Jane Street Group LLC Has $1.91 Million Stock Holdings in XPEL, Inc. (NASDAQ:XPEL)

Jane Street Group LLC cut its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 1.1% during the 3rd quarter, Holdings Channel reports. The firm owned 44,114 shares of the company’s stock after selling 502 shares during the quarter. Jane Street Group LLC’s holdings in XPEL were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the company. Venator Management LLC bought a new position in XPEL in the second quarter valued at about $1,778,000. Mawer Investment Management Ltd. bought a new stake in XPEL during the second quarter worth $12,021,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of XPEL by 35.7% in the 3rd 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 acquiring an additional 12,256 shares in the last quarter. Algert Global LLC purchased a new stake in XPEL in the 3rd quarter valued at about $2,459,000. Finally, Bank of Montreal Can increased its position in shares of XPEL by 47.0% during the second quarter. Bank of Montreal Can now owns 48,133 shares of the company’s stock valued at $1,746,000 after acquiring an additional 15,385 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.

XPEL Trading Up 1.5 %

NASDAQ:XPEL opened at $40.58 on Wednesday. The stock has a market capitalization of $1.12 billion, a PE ratio of 23.19 and a beta of 1.81. XPEL, Inc. has a 12 month low of $30.75 and a 12 month high of $60.49. The firm’s 50 day moving average is $42.95 and its 200 day moving average is $41.05.

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

Insiders Place Their Bets

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

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.