Heritage Wealth Management LLC Takes Position in XPEL, Inc. (NASDAQ:XPEL)

Heritage Wealth Management LLC bought a new position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 81,802 shares of the company's stock, valued at approximately $4,405,000. XPEL accounts for about 2.4% of Heritage Wealth Management LLC's investment portfolio, making the stock its 8th biggest position. Heritage Wealth Management LLC owned 0.30% of XPEL at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Los Angeles Capital Management LLC bought a new stake in XPEL in the third quarter worth $215,000. Dakota Wealth Management bought a new position in shares of XPEL in the third quarter worth about $218,000. WINTON GROUP Ltd bought a new position in shares of XPEL in the third quarter worth about $222,000. Zurcher Kantonalbank Zurich Cantonalbank boosted 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 buying an additional 771 shares during the last quarter. Finally, Dark Forest Capital Management LP bought a new position in XPEL during the third quarter valued at approximately $283,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Trading Down 38.9 %

Shares of XPEL stock traded down $20.93 on Thursday, reaching $32.86. 2,273,740 shares of the company's stock were exchanged, compared to its average volume of 163,210. XPEL, Inc. has a 52 week low of $32.51 and a 52 week high of $87.46. The company has a current ratio of 4.02, a quick ratio of 1.10 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $907.92 million, a PE ratio of 18.83 and a beta of 1.84. The company's fifty day simple moving average is $53.57 and its 200 day simple moving average is $52.12.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $105.54 million during the quarter, compared to analyst estimates of $96.61 million. XPEL had a net margin of 13.32% and a return on equity of 34.38%. The business's quarterly revenue was up 34.5% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. As a group, analysts forecast that XPEL, Inc. will post 2.2 EPS for the current year.

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.