14,345 Shares in XPEL, Inc. $XPEL Bought by Inspire Investing LLC

Inspire Investing LLC purchased a new stake in shares of XPEL, Inc. (NASDAQ:XPEL) in the third quarter, Holdings Channel reports. The firm purchased 14,345 shares of the company’s stock, valued at approximately $634,000.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of XPEL during the 2nd quarter worth $190,144,000. SCS Capital Management LLC bought a new stake in XPEL in the second quarter worth about $61,580,000. Dimensional Fund Advisors LP boosted its stake in XPEL by 16.9% in the first quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company’s stock valued at $20,911,000 after acquiring an additional 68,295 shares during the last quarter. William Blair Investment Management LLC purchased a new position in XPEL in the second quarter valued at about $15,236,000. Finally, Polar Asset Management Partners Inc. bought a new position in shares of XPEL during the 2nd quarter valued at approximately $10,466,000. 75.08% of the stock is currently owned by institutional investors.

XPEL Stock Performance

Shares of XPEL opened at $45.78 on Friday. XPEL, Inc. has a 12-month low of $31.88 and a 12-month high of $55.91. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. The company has a market cap of $1.26 billion, a PE ratio of 21.93 and a beta of 1.18. The stock has a 50-day moving average price of $46.20 and a 200-day moving average price of $46.31.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $143.05 million during the quarter, compared to analysts’ expectations of $135.09 million. XPEL had a return on equity of 18.98% and a net margin of 10.77%. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.59 EPS. As a group, equities analysts forecast that XPEL, Inc. will post 2.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on XPEL. B. Riley Financial raised their price target on shares of XPEL from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised XPEL from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, Freedom Capital raised XPEL from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.00.

XPEL Company Profile

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