XPEL, Inc. (NASDAQ:XPEL) Position Boosted by Algert Global LLC

Algert Global LLC lifted its holdings in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 27.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,199 shares of the company's stock after acquiring an additional 15,490 shares during the period. Algert Global LLC owned approximately 0.26% of XPEL worth $2,884,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in XPEL. JPMorgan Chase & Co. raised its position in XPEL by 90.0% in the third quarter. JPMorgan Chase & Co. now owns 44,164 shares of the company's stock valued at $1,915,000 after purchasing an additional 20,918 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of XPEL during the 4th quarter valued at about $1,113,000. LHM Inc. acquired a new position in XPEL during the 4th quarter worth approximately $4,887,000. Franklin Resources Inc. purchased a new position in XPEL in the 3rd quarter worth approximately $686,000. Finally, Barclays PLC grew its position in XPEL by 79.5% in the third quarter. Barclays PLC now owns 78,646 shares of the company's stock valued at $3,411,000 after acquiring an additional 34,830 shares in the last quarter. Hedge funds and other institutional investors own 75.08% of the company's stock.

XPEL Stock Down 2.4 %

Shares of NASDAQ XPEL traded down $0.91 during trading on Friday, reaching $36.71. 250,715 shares of the stock were exchanged, compared to its average volume of 206,588. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 20.98 and a beta of 1.83. The business's 50-day moving average price is $29.51 and its 200 day moving average price is $37.40. XPEL, Inc. has a twelve month low of $24.25 and a twelve month high of $48.58.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.06. The firm had revenue of $103.81 million for the quarter, compared to analyst estimates of $97.40 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. The firm's revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.24 EPS. As a group, sell-side analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

XPEL declared that its Board of Directors has initiated a share buyback plan on Tuesday, May 6th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

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.