Aurora Investment Counsel Cuts Stake in XPEL, Inc. (NASDAQ:XPEL)

Aurora Investment Counsel cut its stake in XPEL, Inc. (NASDAQ:XPEL) by 1.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 45,541 shares of the company’s stock after selling 901 shares during the quarter. Aurora Investment Counsel’s holdings in XPEL were worth $1,975,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of XPEL in the third quarter worth approximately $1,222,000. Mawer Investment Management Ltd. boosted its stake in XPEL by 3.2% during the 3rd quarter. Mawer Investment Management Ltd. now owns 348,947 shares of the company’s stock worth $15,134,000 after purchasing an additional 10,910 shares during the last quarter. Kovack Advisors Inc. purchased a new stake in shares of XPEL during the third quarter worth $295,000. Los Angeles Capital Management LLC acquired a new stake in shares of XPEL in the third quarter valued at about $341,000. Finally, State of Alaska Department of Revenue lifted its stake in shares of XPEL by 3.5% in the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock worth $560,000 after buying an additional 441 shares in the last quarter. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

XPEL has been the subject of a number of recent research reports. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. B. Riley upgraded XPEL from a “neutral” rating to a “buy” rating and upped their target price for the company from $37.00 to $58.00 in a report on Friday, August 9th.

Insider Transactions at XPEL

In other news, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction dated 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 in the company, valued at approximately $2,150,344. This trade represents a 9.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ryan Pape sold 20,000 shares of XPEL stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total transaction of $852,800.00. Following the completion of the transaction, the chief executive officer now owns 1,105,607 shares of the company’s stock, valued at $47,143,082.48. This represents a 1.78 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.50% of the company’s stock.

XPEL Price Performance

Shares of NASDAQ XPEL opened at $43.25 on Thursday. The company has a market capitalization of $1.20 billion, a P/E ratio of 24.71 and a beta of 1.85. The company has a 50 day simple moving average of $42.45 and a 200-day simple moving average of $39.60. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $60.49.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01. The business had revenue of $112.85 million for 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%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.56 EPS. As a group, research analysts expect that XPEL, Inc. will post 1.73 EPS for the current 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.