JPMorgan Chase & Co. Purchases 11,256 Shares of XPEL, Inc. (NASDAQ:XPEL)

JPMorgan Chase & Co. lifted its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 25.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,420 shares of the company’s stock after acquiring an additional 11,256 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.20% of XPEL worth $2,213,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in shares of XPEL during the fourth quarter worth approximately $1,113,000. LHM Inc. bought a new stake in shares of XPEL during the 4th quarter valued at $4,887,000. Franklin Resources Inc. acquired a new position in shares of XPEL in the 3rd quarter valued at $686,000. Geode Capital Management LLC boosted its position in shares of XPEL by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock worth $24,807,000 after purchasing an additional 25,526 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of XPEL by 79.5% during the third quarter. Barclays PLC now owns 78,646 shares of the company’s stock worth $3,411,000 after purchasing an additional 34,830 shares during the period. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Price Performance

Shares of NASDAQ:XPEL opened at $25.95 on Thursday. The company has a market capitalization of $717.57 million, a price-to-earnings ratio of 14.83 and a beta of 1.83. The firm’s 50 day simple moving average is $31.14 and its 200 day simple moving average is $38.38. XPEL, Inc. has a fifty-two week low of $24.25 and a fifty-two week high of $55.97.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.06). The company had revenue of $107.53 million during the quarter, compared to analyst estimates of $106.98 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. Equities research analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current year.

About XPEL

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.