XPEL, Inc. (NASDAQ:XPEL – Get Rating ) Director Richard K. Crumly sold 1,300 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $70.04, for a total transaction of $91,052.00. Following the completion of the sale, the director now directly owns 817,656 shares of the company’s stock, valued at $57,268,626.24. The sale was disclosed in a filing with the SEC, which is accessible via this link.
Stock XPEL performance
XPEL traded down $1.76 during midday trading on Monday, hitting $66.82. The company had a trading volume of 90,100 shares, compared to its average volume of 229,569. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.11, and a current ratio of 3.29. The stock has a market cap of $1.85 billion, a PE ratio of 47.39 and a beta of 1.88. XPEL, Inc. has a 12-month low of $39.80 and a 12-month high of $87.01. The company has a 50 day moving average price of $64.12 and a two hundred day moving average price of $60.43.
Analysts set new price targets
A number of equities research analysts have 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 issued a “buy” rating and a $104.00 price objective for the company. Craig Hallum reduced their price objective on shares of XPEL to $85.00 in a research report on Tuesday, November 15th. Finally, TheStreet raised shares of XPEL from a “c+” rating to a “b-” rating in a research report on Wednesday, August 17th.
Institutional inputs and outputs
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XPEL. BlackRock Inc. raised its stake in XPEL by 114.4% in the first quarter. BlackRock Inc. now owns 2,726,185 shares of the company’s stock valued at $143,425,000 after acquiring an additional 1,454,820 shares during the last quarter. Capital International Investors purchased a new position in XPEL in the first quarter valued at approximately $21,921,000. Wasatch Advisors Inc. boosted its stake in XPEL by 16.7% in the first quarter. Wasatch Advisors Inc. now owns 2,876,402 shares of the company’s stock valued at $151,328,000 after buying an additional 411,462 shares during the last quarter. Heritage Wealth Management LLC raised its stake in XPEL by 5,887.1% during the 3rd quarter. Heritage Wealth Management LLC now owns 269,418 shares of the company’s stock valued at $17,361,000 after buying an additional 264,918 shares in the the last quarter. Finally, Alta Fox Capital Management LLC boosted its stake in XPEL by 141.7% in the second quarter. Alta Fox Capital Management LLC now owns 368,833 shares of the company’s stock valued at $16,940,000 after purchasing an additional 216,213 shares during the last quarter. 58.78% of the shares are currently held by hedge funds and other institutional investors.
XPEL Company Profile
(Get rating)
XPEL, Inc manufactures, sells, distributes and installs aftermarket automotive products. The company offers automotive paint and surface protection films, headlight protection and automotive and architectural window films, as well as proprietary software. They also provide goods and clothing; ceramic coatings; and tools and accessories, which include microfiber squeegees and towels, application fluids, plotter cutters, knives and other products.
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