XPEL, Inc. (NASDAQ:XPEL) Holdings Boosted by Texas Permanent School Fund

Texas Permanent School Fund boosted its holdings in XPEL, Inc. (NASDAQ:XPEL – Get Rating) by 17.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,104 shares of the company’s stock after acquiring an additional 2,129 shares during the period. Texas Permanent School Fund owned about 0.05% of XPEL worth $909,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XPEL. State of Alaska Department of Revenue raised its holdings in shares of XPEL by 8.4% during the third quarter. State of Alaska Department of Revenue now owns 13,579 shares of the company’s stock valued at $875,000 after buying an additional 1,049 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of XPEL during the third quarter valued at approximately $606,000. Verition Fund Management LLC bought a new stake in shares of XPEL during the second quarter valued at approximately $421,000. Legal & General Group Plc raised its holdings in shares of XPEL by 2.5% during the second quarter. Legal & General Group Plc now owns 40,151 shares of the company’s stock valued at $1,844,000 after buying an additional 985 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of XPEL by 31.2% during the second quarter. Goldman Sachs Group Inc. now owns 21,850 shares of the company’s stock valued at $1,004,000 after buying an additional 5,195 shares during the last quarter. Institutional investors own 59.47% of the company’s stock.

Insiders Place Their Bets

In other XPEL news, Director Richard K. Crumly sold 3,500 shares of XPEL stock in a transaction that occurred on Wednesday, January 11th. The shares were sold at an average price of $70.11, for a total value of $245,385.00. Following the transaction, the director now owns 804,998 shares in the company, valued at $56,438,409.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other XPEL news, Director Richard K. Crumly sold 3,500 shares of XPEL stock in a transaction that occurred on Wednesday, January 11th. The shares were sold at an average price of $70.11, for a total value of $245,385.00. Following the transaction, the director now owns 804,998 shares in the company, valued at $56,438,409.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard K. Crumly sold 5,600 shares of XPEL stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $70.02, for a total transaction of $392,112.00. Following the completion of the transaction, the director now owns 821,256 shares in the company, valued at approximately $57,504,345.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 49,071 shares of company stock worth $3,376,402. 22.60% of the stock is owned by insiders.

XPEL Price Performance

Shares of NASDAQ:XPEL opened at $73.04 on Friday. XPEL, Inc. has a 12 month low of $39.80 and a 12 month high of $87.01. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 51.80 and a beta of 1.86. The stock’s 50 day moving average price is $63.97 and its 200 day moving average price is $64.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.29 and a quick ratio of 1.11.

XPEL (NASDAQ:XPEL – Get Rating) last announced its earnings results on Wednesday, November 9th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.42 by $0.06. XPEL had a return on equity of 40.61% and a net margin of 12.43%. The firm had revenue of $89.76 million for the quarter, compared to analysts’ expectations of $85.02 million. Equities research analysts anticipate that XPEL, Inc. will post 1.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XPEL. EF Hutton Acquisition Co. I began coverage on XPEL in a report on Tuesday, September 27th. They set a “buy” rating and a $104.00 price target on the stock. Craig Hallum dropped their target price on XPEL to $85.00 in a report on Tuesday, November 15th.

XPEL Profile

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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.