XPEL (NASDAQ:XPEL) Trading 6.3% Higher

XPEL, Inc. (NASDAQ:XPELGet Rating) traded up 6.3% during mid-day trading on Wednesday . The stock traded as high as $70.16 and last traded at $70.05. 2,566 shares were traded during trading, a decline of 98% from the average session volume of 127,248 shares. The stock had previously closed at $65.89.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. EF Hutton Acquisition Co. I assumed coverage on shares of XPEL in a research report on Tuesday, September 27th. They set a “buy” rating and a $104.00 price target on the stock. TheStreet upgraded shares of XPEL from a “c+” rating to a “b-” rating in a research report on Wednesday, August 17th. Finally, Craig Hallum reduced their price target on shares of XPEL to $85.00 in a research report on Tuesday, November 15th.

XPEL Price Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 3.29 and a quick ratio of 1.11. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 47.99 and a beta of 1.88. The business’s 50-day simple moving average is $64.02 and its two-hundred day simple moving average is $60.00.

Insider Buying and Selling at XPEL

In other XPEL news, CEO Ryan Pape sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $63.26, for a total value of $506,080.00. Following the sale, the chief executive officer now owns 1,161,389 shares in the company, valued at $73,469,468.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other XPEL news, CEO Ryan Pape sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $63.26, for a total value of $506,080.00. Following the sale, the chief executive officer now owns 1,161,389 shares in the company, valued at $73,469,468.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark Adams sold 19,513 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $67.73, for a total transaction of $1,321,615.49. Following the completion of the sale, the director now owns 2,246,788 shares in the company, valued at approximately $152,174,951.24. The disclosure for this sale can be found here. Insiders have sold 50,113 shares of company stock worth $3,280,997 over the last quarter. Corporate insiders own 22.60% of the company’s stock.

Hedge Funds Weigh In On XPEL

A number of hedge funds have recently modified their holdings of XPEL. Comerica Bank acquired a new position in shares of XPEL during the first quarter worth $640,000. Pembroke Management LTD lifted its holdings in shares of XPEL by 2.2% during the first quarter. Pembroke Management LTD now owns 70,905 shares of the company’s stock worth $3,730,000 after purchasing an additional 1,518 shares during the period. Texas Permanent School Fund acquired a new position in shares of XPEL during the first quarter worth $618,000. Mawer Investment Management Ltd. lifted its holdings in shares of XPEL by 50.4% during the first quarter. Mawer Investment Management Ltd. now owns 26,456 shares of the company’s stock worth $1,392,000 after purchasing an additional 8,862 shares during the period. Finally, Swiss National Bank raised its stake in XPEL by 7.4% during the first quarter. Swiss National Bank now owns 39,200 shares of the company’s stock worth $2,062,000 after buying an additional 2,700 shares during the last quarter. Institutional investors and hedge funds own 58.78% of the company’s stock.

XPEL Company Profile

(Get Rating)

XPEL, Inc manufactures, sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection films, headlight protection, and automotive and architectural window films, as well as proprietary software. It also provides merchandise and apparel; ceramic coatings; and tools and accessories, which includes squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.

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