Polar Asset Management Partners Inc. purchased a new stake in XPEL, Inc. (NASDAQ:XPEL – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $661,000. Polar Asset Management Partners Inc. owned approximately 0.07% of XPEL at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Divisadero Street Capital Management LP raised its stake in shares of XPEL by 195.2% in the 3rd quarter. Divisadero Street Capital Management LP now owns 416,890 shares of the company’s stock valued at $13,787,000 after purchasing an additional 275,651 shares in the last quarter. Alps Advisors Inc. bought a new position in shares of XPEL during the third quarter worth about $435,000. Public Sector Pension Investment Board grew its stake in XPEL by 27.2% in the third quarter. Public Sector Pension Investment Board now owns 98,196 shares of the company’s stock worth $3,247,000 after purchasing an additional 20,970 shares in the last quarter. Schwartz Investment Counsel Inc. grew its stake in XPEL by 4.8% in the third quarter. Schwartz Investment Counsel Inc. now owns 912,999 shares of the company’s stock worth $30,193,000 after purchasing an additional 42,000 shares in the last quarter. Finally, Inspire Advisors LLC bought a new stake in XPEL in the third quarter valued at about $546,000. 75.08% of the stock is currently owned by institutional investors.
XPEL Trading Up 0.7%
Shares of NASDAQ:XPEL opened at $38.74 on Friday. The company has a 50 day moving average of $48.47 and a 200-day moving average of $43.63. The firm has a market cap of $1.07 billion, a P/E ratio of 20.94 and a beta of 1.29. XPEL, Inc. has a twelve month low of $24.25 and a twelve month high of $55.91.
Analyst Ratings Changes
Several analysts have issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a research note on Monday, December 29th. Zacks Research downgraded XPEL from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, XPEL presently has a consensus rating of “Reduce”.
Read Our Latest Stock Report on XPEL
About XPEL
XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.
Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.
Further Reading
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