XPEL, Inc. (NASDAQ:XPEL) Shares Sold by Titan Global Capital Management USA LLC

Titan Global Capital Management USA LLC cut its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,133 shares of the company’s stock after selling 4,555 shares during the quarter. Titan Global Capital Management USA LLC owned approximately 0.18% of XPEL worth $1,962,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. FMR LLC boosted its position in shares of XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after acquiring an additional 1,994 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in XPEL by 35.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 46,631 shares of the company’s stock valued at $2,022,000 after purchasing an additional 12,256 shares during the last quarter. Janus Henderson Group PLC raised its holdings in XPEL by 6.6% during the third quarter. Janus Henderson Group PLC now owns 22,447 shares of the company’s stock worth $974,000 after purchasing an additional 1,394 shares in the last quarter. State Street Corp lifted its position in shares of XPEL by 4.0% during the 3rd quarter. State Street Corp now owns 842,141 shares of the company’s stock worth $36,524,000 after buying an additional 32,188 shares during the last quarter. Finally, National Bank of Canada FI acquired a new position in shares of XPEL in the 3rd quarter valued at $71,000. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

XPEL Price Performance

Shares of NASDAQ:XPEL opened at $26.96 on Friday. XPEL, Inc. has a 12 month low of $24.25 and a 12 month high of $59.15. The firm has a market capitalization of $745.50 million, a P/E ratio of 15.41 and a beta of 1.83. The company’s fifty day moving average price is $34.00 and its 200 day moving average price is $39.40.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.06). The firm had revenue of $107.53 million for the quarter, compared to analyst estimates of $106.98 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. On average, sell-side analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current 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.