Cynosure Group LLC Sells 1,438 Shares of XPEL, Inc. (NASDAQ:XPEL)

Cynosure Group LLC decreased its position in XPEL, Inc. (NASDAQ:XPEL) by 16.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,278 shares of the company’s stock after selling 1,438 shares during the quarter. Cynosure Group LLC’s holdings in XPEL were worth $291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP bought a new position in shares of XPEL during the 3rd quarter valued at $64,000. National Bank of Canada FI bought a new position in shares of XPEL during the third quarter valued at about $71,000. FMR LLC increased its holdings in shares of XPEL by 247.7% in the third quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after buying an additional 1,994 shares during the period. MML Investors Services LLC bought a new stake in shares of XPEL in the 3rd quarter valued at about $205,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in XPEL during the 4th quarter valued at about $212,000. 75.08% of the stock is currently owned by institutional investors.

XPEL Price Performance

XPEL opened at $27.83 on Friday. XPEL, Inc. has a 1 year low of $27.65 and a 1 year high of $60.49. The stock’s 50 day simple moving average is $36.18 and its 200 day simple moving average is $40.21. The firm has a market cap of $769.56 million, a price-to-earnings ratio of 15.90 and a beta of 1.82.

XPEL (NASDAQ:XPEL) last issued its earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The firm had revenue of $107.53 million during the quarter, compared to the consensus estimate of $106.98 million. As a group, sell-side analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current year.

XPEL 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.