XPEL, Inc. (NASDAQ:XPEL) Shares Sold by Nine Ten Capital Management LLC

Nine Ten Capital Management LLC reduced its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 20.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 190,716 shares of the company’s stock after selling 50,000 shares during the period. XPEL accounts for about 2.2% of Nine Ten Capital Management LLC’s portfolio, making the stock its 11th largest holding. Nine Ten Capital Management LLC’s holdings in XPEL were worth $7,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in XPEL. FMR LLC increased its position in XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after purchasing an additional 1,994 shares during the last quarter. State Street Corp raised its position in shares of XPEL by 4.0% during the 3rd quarter. State Street Corp now owns 842,141 shares of the company’s stock valued at $36,524,000 after buying an additional 32,188 shares during the period. MML Investors Services LLC acquired a new position in XPEL in the third quarter valued at approximately $205,000. Barclays PLC grew its position in XPEL by 79.5% in the third quarter. Barclays PLC now owns 78,646 shares of the company’s stock worth $3,411,000 after acquiring an additional 34,830 shares during the period. Finally, Geode Capital Management LLC increased its stake in XPEL by 4.7% during the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock worth $24,807,000 after acquiring an additional 25,526 shares during the last quarter. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

XPEL Stock Down 0.1 %

Shares of XPEL stock opened at $25.84 on Friday. The business’s fifty day simple moving average is $32.07 and its 200-day simple moving average is $38.73. The firm has a market cap of $714.53 million, a PE ratio of 14.77 and a beta of 1.83. XPEL, Inc. has a 52 week low of $24.25 and a 52 week high of $55.97.

XPEL (NASDAQ:XPEL) last announced its 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 for the quarter, compared to analysts’ expectations of $106.98 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. As a group, equities analysts expect that XPEL, Inc. will post 1.73 earnings per share 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.