Envestnet Asset Management Inc. Has $1.78 Million Position in XPEL, Inc. (NASDAQ:XPEL)

Envestnet Asset Management Inc. boosted its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 33.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,527 shares of the company's stock after acquiring an additional 11,097 shares during the period. Envestnet Asset Management Inc. owned 0.16% of XPEL worth $1,778,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XPEL. LHM Inc. bought a new stake in shares of XPEL during the 4th quarter worth approximately $4,887,000. Mawer Investment Management Ltd. raised its position in XPEL by 13.9% during the fourth quarter. Mawer Investment Management Ltd. now owns 397,533 shares of the company's stock valued at $15,877,000 after purchasing an additional 48,586 shares in the last quarter. Barclays PLC lifted its stake in 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 purchasing an additional 34,830 shares during the last quarter. Trexquant Investment LP acquired a new stake in shares of XPEL in the 4th quarter valued at $1,224,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of XPEL in the 4th quarter valued at $1,113,000. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Stock Performance

Shares of XPEL stock traded up $0.84 during trading on Friday, reaching $29.87. 194,889 shares of the company's stock were exchanged, compared to its average volume of 204,476. XPEL, Inc. has a 1-year low of $24.25 and a 1-year high of $48.58. The company has a market cap of $825.97 million, a P/E ratio of 17.07 and a beta of 1.83. The firm's 50-day moving average price is $29.27 and its 200 day moving average price is $37.64.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.35 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 business had revenue of $107.53 million for the quarter, compared to analyst estimates of $106.98 million. As a group, equities research analysts predict that XPEL, Inc. will post 1.73 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.