XPEL, Inc. (NASDAQ:XPEL) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its position in XPEL, Inc. (NASDAQ:XPEL) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,886 shares of the company’s stock after purchasing an additional 1,517 shares during the period. Victory Capital Management Inc.’s holdings in XPEL were worth $640,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new stake in XPEL in the third quarter valued at about $215,000. WINTON GROUP Ltd acquired a new stake in shares of XPEL during the 3rd quarter valued at approximately $222,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of XPEL by 28.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,493 shares of the company’s stock valued at $269,000 after acquiring an additional 771 shares during the period. Dark Forest Capital Management LP acquired a new stake in shares of XPEL during the 3rd quarter valued at approximately $283,000. Finally, Alps Advisors Inc. acquired a new stake in shares of XPEL during the 3rd quarter valued at approximately $350,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on XPEL shares. B. Riley reiterated a “neutral” rating and set a $37.00 price target (down from $74.00) on shares of XPEL in a research report on Friday, May 3rd. Craig Hallum reiterated a “hold” rating and set a $40.00 price target (down from $60.00) on shares of XPEL in a research report on Friday, May 3rd.

Insiders Place Their Bets

In other news, Director John F. North bought 3,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was purchased at an average cost of $32.17 per share, with a total value of $96,510.00. Following the purchase, the director now owns 3,799 shares of the company’s stock, valued at $122,213.83. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.50% of the stock is owned by corporate insiders.

XPEL Trading Down 4.0 %

Shares of XPEL opened at $33.41 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.81 and a quick ratio of 1.34. The firm has a 50 day simple moving average of $47.92 and a 200-day simple moving average of $50.07. XPEL, Inc. has a 1-year low of $30.75 and a 1-year high of $87.46. The stock has a market cap of $923.12 million, a price-to-earnings ratio of 19.31 and a beta of 1.84.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). XPEL had a return on equity of 29.11% and a net margin of 11.99%. The business had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $94.08 million. During the same period last year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Equities analysts forecast that XPEL, Inc. will post 1.6 EPS for the current fiscal 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.