Richard K. Crumly Sells 20,000 Shares of XPEL, Inc. (NASDAQ:XPEL) Stock

XPEL, Inc. (NASDAQ:XPELGet Rating) Director Richard K. Crumly sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 3rd. The shares were sold at an average price of $52.45, for a total value of $1,049,000.00. Following the transaction, the director now directly owns 867,056 shares in the company, valued at approximately $45,477,087.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of XPEL stock traded down $0.01 on Tuesday, hitting $51.66. The stock had a trading volume of 121,542 shares, compared to its average volume of 290,689. The business has a 50 day moving average price of $47.77 and a 200 day moving average price of $58.54. XPEL, Inc. has a one year low of $39.80 and a one year high of $103.84. The company has a quick ratio of 0.63, a current ratio of 2.21 and a debt-to-equity ratio of 0.36. The company has a market cap of $1.43 billion, a PE ratio of 44.24 and a beta of 2.02.

Institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in XPEL by 118.5% in the first quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock valued at $32,000 after purchasing an additional 326 shares during the last quarter. Macquarie Group Ltd. grew its stake in XPEL by 199.5% in the third quarter. Macquarie Group Ltd. now owns 647 shares of the company’s stock valued at $49,000 after purchasing an additional 431 shares during the last quarter. Lazard Asset Management LLC purchased a new position in XPEL in the first quarter valued at about $51,000. Ensign Peak Advisors Inc purchased a new position in XPEL in the fourth quarter valued at about $68,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in XPEL by 192.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,240 shares of the company’s stock valued at $153,000 after purchasing an additional 1,473 shares during the last quarter. Institutional investors own 45.13% of the company’s stock.

Several research analysts recently issued reports on the company. Zacks Investment Research raised XPEL from a “sell” rating to a “hold” rating in a research note on Wednesday, May 4th. Craig Hallum dropped their price target on XPEL from $100.00 to $75.00 in a research report on Wednesday, May 11th. B. Riley decreased their price objective on XPEL from $100.00 to $78.00 in a report on Wednesday, May 11th. Finally, TheStreet downgraded XPEL from a “b-” rating to a “c+” rating in a report on Friday, May 20th.

XPEL Company Profile (Get Rating)

XPEL, Inc manufactures, sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection films, headlight protection, and automotive and architectural window films, as well as proprietary software. It also provides merchandise and apparel; ceramic coatings; and tools and accessories, which includes squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.

Further Reading

Insider Buying and Selling by Quarter for XPEL (NASDAQ:XPEL)

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