197,966 Shares in XPEL, Inc. (NASDAQ:XPEL) Bought by Brown Advisory Inc.

Brown Advisory Inc. bought a new position in shares of XPEL, Inc. (NASDAQ:XPEL – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 197,966 shares of the company’s stock, valued at approximately $11,890,000. Brown Advisory Inc. owned approximately 0.72% of XPEL at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bessemer Group Inc. purchased a new stake in XPEL in the fourth quarter valued at $129,000. Heritage Wealth Management LLC lifted its position in XPEL by 100.0% in the fourth quarter. Heritage Wealth Management LLC now owns 538,836 shares of the company’s stock valued at $32,362,000 after acquiring an additional 269,418 shares during the last quarter. Barclays PLC lifted its position in XPEL by 94.8% in the fourth quarter. Barclays PLC now owns 10,059 shares of the company’s stock valued at $603,000 after acquiring an additional 4,896 shares during the last quarter. Neuberger Berman Group LLC lifted its position in XPEL by 7.7% in the fourth quarter. Neuberger Berman Group LLC now owns 1,538,356 shares of the company’s stock valued at $92,394,000 after acquiring an additional 109,619 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in XPEL by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 387,387 shares of the company’s stock valued at $23,266,000 after acquiring an additional 14,128 shares during the last quarter. Institutional investors and hedge funds own 59.47% of the company’s stock.

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XPEL Price Performance

Shares of NASDAQ:XPEL opened at $76.51 on Friday. The company has a 50-day simple moving average of $71.80 and a 200-day simple moving average of $69.66. XPEL, Inc. has a one year low of $42.99 and a one year high of $87.01. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.29 and a current ratio of 4.35. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 47.23 and a beta of 1.91.

XPEL (NASDAQ:XPEL – Get Rating) last announced its earnings results on Tuesday, May 9th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. XPEL had a net margin of 13.32% and a return on equity of 37.55%. The business had revenue of $85.84 million during the quarter, compared to analysts’ expectations of $82.86 million. On average, analysts predict that XPEL, Inc. will post 2.04 EPS for the current year.

Insider Buying and Selling

In related news, Director Richard K. Crumly sold 10,000 shares of the stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $75.19, for a total transaction of $751,900.00. Following the completion of the transaction, the director now directly owns 358,668 shares of the company’s stock, valued at $26,968,246.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Mark Adams sold 19,893 shares of the stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $75.00, for a total transaction of $1,491,975.00. Following the completion of the transaction, the director now directly owns 2,181,408 shares of the company’s stock, valued at $163,605,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard K. Crumly sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of $75.19, for a total transaction of $751,900.00. Following the transaction, the director now owns 358,668 shares in the company, valued at $26,968,246.92. The disclosure for this sale can be found here. Insiders sold 197,356 shares of company stock valued at $14,310,314 over the last ninety days. Corporate insiders own 22.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on XPEL shares. EF Hutton Acquisition Co. I reissued a “buy” rating and issued a $104.00 price target on shares of XPEL in a research report on Wednesday, March 1st. B. Riley reduced their price target on shares of XPEL from $100.00 to $95.00 in a research report on Wednesday, March 1st.

About XPEL

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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.

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