Insider Selling: XPEL, Inc. (NASDAQ:XPEL) CEO Sells $668,240.00 in Stock

XPEL, Inc. (NASDAQ:XPEL) CEO Ryan Pape sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $83.53, for a total transaction of $668,240.00. Following the sale, the chief executive officer now owns 1,129,176 shares of the company’s stock, valued at $94,320,071.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ryan Pape also recently made the following trade(s):

• On Monday, August 21st, Ryan Pape sold 8,000 shares of XPEL stock. The shares were sold at an average price of $83.03, for a total transaction of $664,240.00.

XPEL Stock Down 0.3 %

NASDAQ XPEL opened at $83.06 on Friday. The company has a current ratio of 3.55, a quick ratio of 1.21 and a debt-to-equity ratio of 0.08. XPEL, Inc. has a 1-year low of $57.13 and a 1-year high of $87.46. The company has a 50 day moving average of $82.44 and a 200-day moving average of $75.43. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 47.19 and a beta of 1.91.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Wednesday, August 9th. The company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. XPEL had a net margin of 13.71% and a return on equity of 36.89%. The business had revenue of $102.30 million during the quarter, compared to the consensus estimate of $101.47 million. During the same period in the previous year, the business earned $0.43 earnings per share. The company’s revenue was up 21.9% on a year-over-year basis. On average, equities research analysts expect that XPEL, Inc. will post 2.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, B. Riley lifted their price target on shares of XPEL from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, August 10th.

Institutional Investors Weigh In On XPEL

Several institutional investors and hedge funds have recently added to or reduced their stakes in XPEL. Bank of New York Mellon Corp lifted its stake in XPEL by 142.1% during the first quarter. Bank of New York Mellon Corp now owns 143,407 shares of the company’s stock worth $7,545,000 after purchasing an additional 84,174 shares during the last quarter. Citigroup Inc. lifted its stake in XPEL by 193.2% during the first quarter. Citigroup Inc. now owns 14,350 shares of the company’s stock worth $755,000 after purchasing an additional 9,456 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in XPEL by 118.5% during the first quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock worth $32,000 after purchasing an additional 326 shares during the last quarter. MetLife Investment Management LLC lifted its stake in XPEL by 65.6% during the first quarter. MetLife Investment Management LLC now owns 9,571 shares of the company’s stock worth $504,000 after purchasing an additional 3,790 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of XPEL by 143.9% during the first quarter. Rhumbline Advisers now owns 40,762 shares of the company’s stock worth $2,144,000 after buying an additional 24,047 shares in the last quarter. 64.75% of the stock is currently owned by institutional investors.

About XPEL

XPEL, Inc sells, distributes, and installs after-market automotive products. The company offers automotive surface and paint protection, 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 include squeegees and microfiber towels, application fluids, plotter cutters, knives, and other products.