XPEL, Inc. (NASDAQ:XPEL) Director Mark Adams Sells 19,893 Shares of Stock

XPEL, Inc. (NASDAQ:XPEL – Get Rating) Director Mark Adams sold 19,893 shares of XPEL stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $75.00, for a total value of $1,491,975.00. Following the completion of the sale, the director now directly owns 2,181,408 shares in the company, valued at $163,605,600. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mark Adams also recently made the following trade(s):

• On Friday, May 12th, Mark Adams sold 1 shares of XPEL stock. The stock was sold at an average price of $77.00, for a total value of $77.00.

XPEL Stock Performance

NASDAQ XPEL opened at $74.55 on Tuesday. The stock’s fifty day moving average is $69.71 and its two-hundred day moving average is $68.88. The firm has a market capitalization of $2.06 billion, a P/E ratio of 46.02 and a beta of 1.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.29 and a current ratio of 4.35. XPEL, Inc. has a fifty-two week low of $42.99 and a fifty-two week high of $87.01.

XPEL (NASDAQ:XPEL – Get Rating) last posted its earnings results on Tuesday, February 28th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.11). XPEL had a net margin of 13.32% and a return on equity of 37.55%. The business had revenue of $78.48 million during the quarter, compared to analysts’ expectations of $83.06 million. On average, research analysts anticipate that XPEL, Inc. will post 2.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on XPEL shares. B. Riley lowered their price target on XPEL from $100.00 to $95.00 in a research note on Wednesday, March 1st. EF Hutton Acquisition Co. I reaffirmed a “buy” rating and issued a $104.00 price target on shares of XPEL in a research note on Wednesday, March 1st.

Institutional Investors Weigh In On XPEL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XPEL. Federated Hermes Inc. purchased a new stake in XPEL in the third quarter valued at $28,000. PNC Financial Services Group Inc. raised its holdings in shares of XPEL by 118.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock valued at $32,000 after buying an additional 326 shares during the period. Strs Ohio purchased a new stake in shares of XPEL in the 3rd quarter valued at $45,000. Russell Investments Group Ltd. purchased a new stake in shares of XPEL in the 1st quarter valued at $45,000. Finally, Armstrong Advisory Group Inc. raised its holdings in shares of XPEL by 75.0% in the 1st quarter. Armstrong Advisory Group Inc. now owns 700 shares of the company’s stock valued at $48,000 after buying an additional 300 shares during the period. Hedge funds and other institutional investors own 59.47% of the company’s stock.

About XPEL

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XPEL, Inc engages in the manufacture and distribution of automotive products. It offers paint protection, aumototive, and flat glass window films, and plotters. The company was founded on October 14, 2003 and is headquartered in San Antonio, TX.