Cumberland Partners Ltd Takes $1.48 Million Position in XPEL, Inc. (NASDAQ:XPEL)

Cumberland Partners Ltd purchased a new stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 27,500 shares of the company's stock, valued at approximately $1,481,000. Cumberland Partners Ltd owned about 0.10% of XPEL as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in XPEL. SG Americas Securities LLC bought a new position in XPEL during the third quarter valued at approximately $539,000. State of Alaska Department of Revenue increased its stake in shares of XPEL by 2.6% in the third quarter. State of Alaska Department of Revenue now owns 13,242 shares of the company's stock worth $1,021,000 after purchasing an additional 340 shares in the last quarter. Ziegler Capital Management LLC increased its stake in shares of XPEL by 3.9% in the third quarter. Ziegler Capital Management LLC now owns 6,392 shares of the company's stock worth $493,000 after purchasing an additional 239 shares in the last quarter. Dakota Wealth Management purchased a new position in XPEL during the third quarter valued at $218,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in XPEL by 28.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,493 shares of the company's stock valued at $269,000 after acquiring an additional 771 shares in the last quarter. Hedge funds and other institutional investors own 75.08% of the company's stock.

XPEL Price Performance

Shares of NASDAQ:XPEL traded up $1.47 on Wednesday, reaching $55.95. The company's stock had a trading volume of 165,224 shares, compared to its average volume of 135,480. XPEL, Inc. has a 52-week low of $40.77 and a 52-week high of $87.46. The company has a market cap of $1.55 billion, a P/E ratio of 29.45 and a beta of 1.84. The company has a 50-day simple moving average of $53.76 and a 200 day simple moving average of $52.65. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.10 and a current ratio of 4.02.

XPEL (NASDAQ:XPEL - Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.02). The firm had revenue of $105.54 million during the quarter, compared to the consensus estimate of $96.61 million. XPEL had a return on equity of 34.38% and a net margin of 13.32%. XPEL's revenue was up 34.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 EPS. As a group, equities research analysts anticipate that XPEL, Inc. will post 2.2 EPS for the current fiscal 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.