XPEL, Inc. (NASDAQ:XPEL) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its holdings in shares of XPEL, Inc. (NASDAQ:XPELFree Report) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,208 shares of the company’s stock after selling 1,987 shares during the period. Principal Financial Group Inc. owned approximately 0.42% of XPEL worth $6,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XPEL. FMR LLC purchased a new stake in XPEL in the 3rd quarter worth approximately $12,780,000. Heritage Wealth Management LLC acquired a new position in shares of XPEL in the 4th quarter valued at $4,405,000. Polen Capital Management LLC purchased a new stake in XPEL during the third quarter worth $4,758,000. Dimensional Fund Advisors LP grew its position in XPEL by 13.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 376,013 shares of the company’s stock valued at $20,248,000 after buying an additional 45,947 shares during the period. Finally, Vanguard Group Inc. increased its holdings in XPEL by 3.2% in the third quarter. Vanguard Group Inc. now owns 1,460,865 shares of the company’s stock valued at $112,647,000 after buying an additional 45,304 shares in the last quarter. 75.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at XPEL

In other XPEL news, Director John F. North bought 3,000 shares of XPEL stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average cost of $32.17 per share, for a total transaction of $96,510.00. Following the completion of the transaction, the director now directly owns 3,799 shares of the company’s stock, valued at $122,213.83. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 9.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on XPEL. Craig Hallum restated a “hold” rating and set a $40.00 target price (down from $60.00) on shares of XPEL in a research report on Friday, May 3rd. B. Riley reissued a “neutral” rating and issued a $37.00 price objective (down from $74.00) on shares of XPEL in a report on Friday, May 3rd.

Check Out Our Latest Research Report on XPEL

XPEL Stock Performance

XPEL opened at $36.05 on Thursday. The firm’s fifty day simple moving average is $46.82 and its two-hundred day simple moving average is $49.80. XPEL, Inc. has a 52-week low of $30.75 and a 52-week high of $87.46. The company has a market cap of $996.06 million, a price-to-earnings ratio of 20.84 and a beta of 1.84. The company has a quick ratio of 1.34, a current ratio of 4.81 and a debt-to-equity ratio of 0.13.

XPEL (NASDAQ:XPELGet Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). XPEL had a net margin of 11.99% and a return on equity of 29.11%. The company had revenue of $90.10 million during the quarter, compared to analysts’ expectations of $94.08 million. During the same period in the prior year, the business posted $0.41 earnings per share. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities analysts anticipate that XPEL, Inc. will post 1.6 earnings per share for the current fiscal year.

XPEL Profile

(Free Report)

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.

See Also

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Institutional Ownership by Quarter for XPEL (NASDAQ:XPEL)

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