Oppenheimer Asset Management Inc. Sells 1,878 Shares of XPEL, Inc. (NASDAQ:XPEL)

Oppenheimer Asset Management Inc. reduced its stake in XPEL, Inc. (NASDAQ:XPEL) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,053 shares of the company’s stock after selling 1,878 shares during the period. Oppenheimer Asset Management Inc.’s holdings in XPEL were worth $1,120,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Louisiana State Employees Retirement System raised its position in shares of XPEL by 2.8% in the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $477,000 after buying an additional 300 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of XPEL by 3.5% in the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock worth $560,000 after buying an additional 441 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of XPEL by 2.6% in the third quarter. Public Sector Pension Investment Board now owns 48,045 shares of the company’s stock worth $2,084,000 after buying an additional 1,200 shares in the last quarter. Nordea Investment Management AB raised its position in shares of XPEL by 1.5% in the fourth quarter. Nordea Investment Management AB now owns 82,268 shares of the company’s stock worth $3,289,000 after buying an additional 1,206 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in XPEL by 6.6% during the third quarter. Janus Henderson Group PLC now owns 22,447 shares of the company’s stock valued at $974,000 after purchasing an additional 1,394 shares in the last quarter. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Stock Down 1.0 %

NASDAQ XPEL opened at $30.09 on Wednesday. The stock’s 50-day simple moving average is $40.28 and its two-hundred day simple moving average is $42.04. XPEL, Inc. has a twelve month low of $29.00 and a twelve month high of $60.49. The company has a market capitalization of $831.93 million, a price-to-earnings ratio of 17.19 and a beta of 1.84.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The firm had revenue of $107.53 million for the quarter, compared to analysts’ expectations of $106.98 million. On average, equities analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

About XPEL

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.