De Lisle Partners LLP Takes $734,000 Position in XPEL, Inc. (NASDAQ:XPEL)

Key Points

• De Lisle Partners LLP acquired 25,000 shares of XPEL, Inc. valued at approximately $734,000, representing about 0.09% of the company's stock by the end of the recent quarter.
• XPEL reported an EPS of $0.31 for the latest quarter, surpassing estimates and achieving a revenue of $103.81 million, marking a 15.2% year-over-year increase.
• The company's Board of Directors has initiated a $50 million share buyback plan, indicating a belief that the stock is undervalued.

De Lisle Partners LLP purchased a new position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the company's stock, valued at approximately $734,000. De Lisle Partners LLP owned approximately 0.09% of XPEL as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Eukles Asset Management acquired a new position in XPEL during the first quarter worth about $35,000. Quantbot Technologies LP grew its position in XPEL by 46.0% during the fourth quarter. Quantbot Technologies LP now owns 2,165 shares of the company's stock worth $86,000 after buying an additional 682 shares during the period. GAMMA Investing LLC grew its position in XPEL by 308.2% during the first quarter. GAMMA Investing LLC now owns 3,339 shares of the company's stock worth $98,000 after buying an additional 2,521 shares during the period. Tower Research Capital LLC TRC grew its position in XPEL by 199.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,734 shares of the company's stock worth $189,000 after buying an additional 3,153 shares during the period. Finally, Squarepoint Ops LLC acquired a new position in XPEL during the fourth quarter worth about $210,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Trading Down 3.7%

Shares of XPEL stock traded down $1.20 during trading hours on Friday, hitting $31.49. The company's stock had a trading volume of 311,074 shares, compared to its average volume of 205,343. XPEL, Inc. has a twelve month low of $24.25 and a twelve month high of $48.58. The business has a fifty day moving average of $36.14 and a 200-day moving average of $35.04. The stock has a market cap of $871.17 million, a price-to-earnings ratio of 18.42 and a beta of 1.83.

XPEL (NASDAQ:XPEL - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.06. XPEL had a net margin of 10.92% and a return on equity of 21.89%. The firm had revenue of $103.81 million for the quarter, compared to analyst estimates of $97.40 million. During the same quarter last year, the business earned $0.24 earnings per share. XPEL's revenue was up 15.2% compared to the same quarter last year. On average, equities analysts expect that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

XPEL declared that its board has authorized a share buyback program on Tuesday, May 6th that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of XPEL from a "hold" rating to a "buy" rating in a research report on Saturday, June 21st.

About XPEL

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.