XPEL, Inc. (NASDAQ:XPEL) Director Richard K. Crumly Sells 10,000 Shares of Stock

Posted by Defense World Staff on Jun 7th, 2023

XPEL, Inc. (NASDAQ:XPEL – Get Rating) Director Richard K. Crumly sold 10,000 shares of XPEL stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $70.68, for a total transaction of $706,800.00. Following the completion of the sale, the director now owns 378,668 shares of the company’s stock, valued at approximately $26,764,254.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

XPEL Stock Up 5.6 %

XPEL stock opened at $75.10 on Wednesday. XPEL, Inc. has a twelve month low of $42.99 and a twelve month high of $87.01. The firm has a market capitalization of $2.07 billion, a P/E ratio of 46.36 and a beta of 1.91. The company has a current ratio of 4.35, a quick ratio of 1.29 and a debt-to-equity ratio of 0.20. The stock’s fifty day simple moving average is $71.21 and its 200-day simple moving average is $69.45.

Hedge Funds Weigh In On XPEL

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its stake in XPEL by 9.4% in the third quarter. BlackRock Inc. now owns 3,190,763 shares of the company’s stock worth $205,610,000 after acquiring an additional 273,640 shares during the last quarter. Wasatch Advisors Inc. boosted its holdings in XPEL by 16.7% in the first quarter. Wasatch Advisors Inc. now owns 2,876,402 shares of the company’s stock valued at $151,328,000 after purchasing an additional 411,462 shares in the last quarter. Neuberger Berman Group LLC increased its stake in XPEL by 7.5% in the first quarter. Neuberger Berman Group LLC now owns 1,653,573 shares of the company’s stock valued at $112,360,000 after purchasing an additional 115,217 shares during the last quarter. Vanguard Group Inc. raised its holdings in XPEL by 6.0% during the third quarter. Vanguard Group Inc. now owns 1,324,048 shares of the company’s stock worth $85,321,000 after purchasing an additional 75,193 shares in the last quarter. Finally, State Street Corp lifted its position in shares of XPEL by 3.9% during the 1st quarter. State Street Corp now owns 668,712 shares of the company’s stock worth $45,439,000 after buying an additional 24,876 shares during the last quarter. 59.47% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XPEL has been the subject of a number of research reports. B. Riley dropped their price objective on XPEL from $100.00 to $95.00 in a research note on Wednesday, March 1st. EF Hutton Acquisition Co. I reissued a “buy” rating and set a $104.00 price target on shares of XPEL in a research report on Wednesday, March 1st.

XPEL Company Profile

(Get Rating)

XPEL, Inc engages in the manufacture and distribution of automotive products. It offers paint protection, aumototive, and flat glass window films, and plotters. The company was founded on October 14, 2003 and is headquartered in San Antonio, TX.