XTX Topco Ltd Has $541,000 Stock Holdings in XPEL, Inc. (NASDAQ:XPEL)

XTX Topco Ltd grew its position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 121.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,415 shares of the company's stock after acquiring an additional 10,091 shares during the quarter. XTX Topco Ltd owned 0.07% of XPEL worth $541,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in XPEL. Schwartz Investment Counsel Inc. boosted its holdings in XPEL by 44.2% during the first quarter. Schwartz Investment Counsel Inc. now owns 774,339 shares of the company's stock worth $22,750,000 after purchasing an additional 237,339 shares during the last quarter. Mirabella Financial Services LLP acquired a new position in shares of XPEL during the 4th quarter worth about $8,855,000. GAMMA Investing LLC boosted its stake in shares of XPEL by 11,892.7% during the 1st quarter. GAMMA Investing LLC now owns 98,100 shares of the company's stock worth $2,882,000 after buying an additional 97,282 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of XPEL by 47.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 193,046 shares of the company's stock valued at $7,714,000 after acquiring an additional 61,930 shares in the last quarter. Finally, Mawer Investment Management Ltd. increased its position in shares of XPEL by 11.5% in the first quarter. Mawer Investment Management Ltd. now owns 443,210 shares of the company's stock valued at $13,022,000 after acquiring an additional 45,677 shares during the last quarter. 75.08% of the stock is owned by institutional investors.

XPEL Price Performance

NASDAQ XPEL traded down $1.34 on Friday, hitting $33.58. 242,994 shares of the stock were exchanged, compared to its average volume of 210,821. The company has a market capitalization of $929.16 million, a PE ratio of 19.08 and a beta of 1.83. The business's fifty day moving average is $35.93 and its 200 day moving average is $34.76. XPEL, Inc. has a 52 week low of $24.25 and a 52 week high of $47.59.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.07. XPEL had a net margin of 10.84% and a return on equity of 21.17%. The company had revenue of $124.71 million for the quarter, compared to analysts' expectations of $118.37 million. During the same period in the prior year, the firm earned $0.54 EPS. XPEL's quarterly revenue was up 13.5% compared to the same quarter last year. Analysts predict that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

XPEL declared that its Board of Directors has approved a stock buyback program on Tuesday, May 6th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the company to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

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

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.