Sprucegrove Investment Management Ltd. Sells 50,600 Shares of XPEL, Inc. $XPEL

Sprucegrove Investment Management Ltd. reduced its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 44.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,256 shares of the company's stock after selling 50,600 shares during the quarter. XPEL accounts for approximately 0.4% of Sprucegrove Investment Management Ltd.'s holdings, making the stock its 28th biggest position. Sprucegrove Investment Management Ltd. owned 0.23% of XPEL worth $3,207,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of XPEL by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,994 shares of the company's stock worth $441,000 after purchasing an additional 619 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of XPEL by 12.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 62,214 shares of the company's stock valued at $1,828,000 after buying an additional 7,099 shares during the period. Jane Street Group LLC lifted its stake in shares of XPEL by 177.4% in the first quarter. Jane Street Group LLC now owns 29,905 shares of the company's stock valued at $879,000 after buying an additional 19,126 shares during the period. Creative Planning grew its position in XPEL by 24.9% during the second quarter. Creative Planning now owns 10,276 shares of the company's stock worth $369,000 after buying an additional 2,050 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in XPEL by 354.0% during the second quarter. JPMorgan Chase & Co. now owns 115,193 shares of the company's stock valued at $4,135,000 after acquiring an additional 89,820 shares during the period. 75.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on XPEL shares. Weiss Ratings reiterated a "hold (c)" rating on shares of XPEL in a research report on Friday, March 27th. Zacks Research raised XPEL from a "strong sell" rating to a "hold" rating in a research report on Monday, April 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, XPEL presently has an average rating of "Hold".

XPEL Trading Up 3.0%

Shares of XPEL stock opened at $49.37 on Wednesday. The stock's fifty day simple moving average is $43.60 and its 200 day simple moving average is $46.01. The company has a market capitalization of $1.36 billion, a PE ratio of 26.69 and a beta of 1.13. XPEL, Inc. has a 12 month low of $31.26 and a 12 month high of $55.91.

XPEL (NASDAQ:XPEL - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.05. XPEL had a return on equity of 19.51% and a net margin of 10.76%.The company had revenue of $122.27 million for the quarter, compared to analyst estimates of $125.01 million. During the same quarter last year, the firm posted $0.32 earnings per share. XPEL's revenue was up 13.7% compared to the same quarter last year. Analysts predict that XPEL, Inc. will post 2.04 EPS for the current fiscal year.

XPEL Company Profile

XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company's core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL's flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle's factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.

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