Texas Permanent School Fund Purchases 229 Shares of XPEL, Inc. (NASDAQ:XPEL)

Texas Permanent School Fund boosted its position in shares of XPEL, Inc. (NASDAQ:XPELGet Rating) by 1.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,975 shares of the company’s stock after acquiring an additional 229 shares during the period. Texas Permanent School Fund’s holdings in XPEL were worth $550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wasatch Advisors Inc. raised its stake in XPEL by 16.7% during the 1st quarter. Wasatch Advisors Inc. now owns 2,876,402 shares of the company’s stock worth $151,328,000 after acquiring an additional 411,462 shares during the period. BlackRock Inc. grew its holdings in XPEL by 114.4% during the 1st quarter. BlackRock Inc. now owns 2,726,185 shares of the company’s stock valued at $143,425,000 after buying an additional 1,454,820 shares in the last quarter. Vanguard Group Inc. grew its holdings in XPEL by 19.4% during the 1st quarter. Vanguard Group Inc. now owns 1,290,307 shares of the company’s stock valued at $67,883,000 after buying an additional 209,355 shares in the last quarter. State Street Corp grew its holdings in XPEL by 60.8% during the 1st quarter. State Street Corp now owns 541,579 shares of the company’s stock valued at $28,492,000 after buying an additional 204,741 shares in the last quarter. Finally, Capital International Investors purchased a new stake in XPEL during the 1st quarter valued at approximately $21,921,000. Institutional investors own 58.78% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark Adams sold 19,513 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $67.73, for a total value of $1,321,615.49. Following the completion of the sale, the director now directly owns 2,246,788 shares in the company, valued at $152,174,951.24. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Richard K. Crumly sold 5,600 shares of the firm’s stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $70.02, for a total value of $392,112.00. Following the completion of the sale, the director now directly owns 821,256 shares in the company, valued at $57,504,345.12. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark Adams sold 19,513 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $67.73, for a total value of $1,321,615.49. Following the completion of the sale, the director now owns 2,246,788 shares of the company’s stock, valued at $152,174,951.24. The disclosure for this sale can be found here. Insiders sold a total of 50,113 shares of company stock worth $3,280,997 over the last three months. 22.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. EF Hutton Acquisition Co. I assumed coverage on shares of XPEL in a report on Tuesday, September 27th. They set a “buy” rating and a $104.00 price objective for the company. Craig Hallum cut their target price on shares of XPEL to $85.00 in a report on Tuesday, November 15th. Finally, TheStreet raised shares of XPEL from a “c+” rating to a “b-” rating in a report on Wednesday, August 17th.

XPEL Trading Up 1.8 %

XPEL stock opened at $64.35 on Tuesday. The firm has a fifty day moving average price of $64.05 and a 200 day moving average price of $59.79. XPEL, Inc. has a fifty-two week low of $39.80 and a fifty-two week high of $87.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.11 and a current ratio of 3.29. The firm has a market cap of $1.78 billion, a PE ratio of 45.64 and a beta of 1.88.

About XPEL

(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

Institutional Ownership by Quarter for XPEL (NASDAQ:XPEL)

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