Vanguard Group Inc. Sells 9,393 Shares of XPEL, Inc. (NASDAQ:XPEL)

Vanguard Group Inc. lessened its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,622,362 shares of the company's stock after selling 9,393 shares during the quarter. Vanguard Group Inc. owned 5.87% of XPEL worth $64,797,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of XPEL. LHM Inc. acquired a new stake in shares of XPEL in the 4th quarter valued at $4,887,000. Barclays PLC increased its holdings in shares of XPEL by 79.5% during the third quarter. Barclays PLC now owns 78,646 shares of the company's stock worth $3,411,000 after buying an additional 34,830 shares in the last quarter. State Street Corp raised its stake in shares of XPEL by 4.0% in the third quarter. State Street Corp now owns 842,141 shares of the company's stock valued at $36,524,000 after acquiring an additional 32,188 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of XPEL in the 4th quarter worth approximately $1,113,000. Finally, Geode Capital Management LLC increased its holdings in XPEL by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 571,880 shares of the company's stock valued at $24,807,000 after purchasing an additional 25,526 shares in the last quarter. Institutional investors and hedge funds own 75.08% of the company's stock.

XPEL Stock Performance

XPEL stock traded up $0.14 on Wednesday, reaching $26.14. The company's stock had a trading volume of 6,377 shares, compared to its average volume of 210,068. The business's fifty day moving average price is $33.03 and its 200 day moving average price is $39.05. The company has a market cap of $722.80 million, a price-to-earnings ratio of 14.88 and a beta of 1.83. XPEL, Inc. has a twelve month low of $24.25 and a twelve month high of $55.97.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The company had revenue of $107.53 million for the quarter, compared to analyst estimates of $106.98 million. As a group, equities analysts forecast that XPEL, Inc. will post 1.73 earnings per share 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.