Public Employees Retirement System of Ohio Buys 6,682 Shares of XPEL, Inc. (NASDAQ:XPEL)

Public Employees Retirement System of Ohio lifted its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 11.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 63,058 shares of the company’s stock after acquiring an additional 6,682 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.23% of XPEL worth $2,735,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XPEL. Wasatch Advisors LP lifted its stake in XPEL by 4.5% during the third quarter. Wasatch Advisors LP now owns 3,932,402 shares of the company’s stock worth $170,548,000 after purchasing an additional 170,265 shares during the last quarter. State Street Corp lifted its position in XPEL by 4.0% in the 3rd quarter. State Street Corp now owns 842,141 shares of the company’s stock worth $36,524,000 after buying an additional 32,188 shares during the last quarter. Schwartz Investment Counsel Inc. boosted its stake in XPEL by 46.3% in the second quarter. Schwartz Investment Counsel Inc. now owns 512,000 shares of the company’s stock worth $18,207,000 after buying an additional 162,000 shares in the last quarter. Mawer Investment Management Ltd. grew its position in XPEL by 3.2% during the third quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company’s stock valued at $15,134,000 after acquiring an additional 10,910 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of XPEL by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 207,423 shares of the company’s stock worth $8,996,000 after acquiring an additional 8,445 shares in the last quarter. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at XPEL

In other XPEL news, Director Mike Klonne sold 5,000 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the completion of the sale, the director now owns 50,008 shares of the company’s stock, valued at $2,150,344. This represents a 9.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $46.34, for a total transaction of $926,800.00. Following the completion of the transaction, the chief executive officer now owns 1,085,607 shares in the company, valued at $50,307,028.38. The trade was a 1.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 58,544 shares of company stock worth $2,606,789 in the last ninety days. 9.50% of the stock is owned by company insiders.

XPEL Stock Performance

Shares of XPEL opened at $43.97 on Tuesday. XPEL, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $60.49. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 25.13 and a beta of 1.81. The firm has a 50 day moving average price of $43.13 and a 200-day moving average price of $40.95.

XPEL (NASDAQ:XPEL) last posted 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 net margin of 11.61% and a return on equity of 24.68%. The business had revenue of $112.85 million during the quarter, compared to the consensus estimate of $114.59 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. As a group, equities research analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current year.

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.