Intech Investment Management LLC Grows Stock Holdings in XPEL, Inc. $XPEL

Intech Investment Management LLC increased its holdings in shares of XPEL, Inc. (NASDAQ:XPEL) by 102.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,624 shares of the company’s stock after purchasing an additional 38,832 shares during the period. Intech Investment Management LLC owned 0.28% of XPEL worth $2,251,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Eukles Asset Management purchased a new stake in XPEL during the 1st quarter worth $35,000. Brooklyn Investment Group boosted its position in XPEL by 805.7% during the 1st quarter. Brooklyn Investment Group now owns 1,739 shares of the company’s stock worth $51,000 after purchasing an additional 1,547 shares during the period. GAMMA Investing LLC boosted its position in XPEL by 308.2% during the 1st quarter. GAMMA Investing LLC now owns 3,339 shares of the company’s stock worth $98,000 after purchasing an additional 2,521 shares during the period. Victory Capital Management Inc. boosted its position in XPEL by 12.1% during the 1st quarter. Victory Capital Management Inc. now owns 5,395 shares of the company’s stock worth $159,000 after purchasing an additional 583 shares during the period. Finally, Squarepoint Ops LLC purchased a new stake in XPEL during the 4th quarter worth $210,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Performance

Shares of XPEL stock opened at $34.32 on Tuesday. The firm has a market cap of $949.63 million, a PE ratio of 19.50 and a beta of 1.67. The firm’s 50-day simple moving average is $35.85 and its 200-day simple moving average is $33.84. XPEL, Inc. has a 1 year low of $24.25 and a 1 year high of $47.23.

XPEL (NASDAQ:XPEL) last issued its earnings results on Wednesday, August 6th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.07. The business had revenue of $124.71 million for the quarter, compared to analyst estimates of $118.37 million. XPEL had a net margin of 10.84% and a return on equity of 21.17%. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.54 EPS. On average, equities analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on XPEL. Wall Street Zen raised shares of XPEL from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Zacks Research upgraded shares of XPEL to a “strong sell” rating in a report on Friday, August 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

XPEL Company Profile

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.