Schwartz Investment Counsel Inc. Raises Stock Position in XPEL, Inc. (NASDAQ:XPEL)

Schwartz Investment Counsel Inc. grew its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 537,000 shares of the company’s stock after acquiring an additional 25,000 shares during the period. Schwartz Investment Counsel Inc. owned about 1.94% of XPEL worth $21,448,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of XPEL by 90.0% in the third quarter. JPMorgan Chase & Co. now owns 44,164 shares of the company’s stock valued at $1,915,000 after purchasing an additional 20,918 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of XPEL by 4.7% during the third quarter. Geode Capital Management LLC now owns 571,880 shares of the company’s stock worth $24,807,000 after buying an additional 25,526 shares in the last quarter. Franklin Resources Inc. acquired a new position in XPEL in the 3rd quarter valued at $686,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of XPEL by 35.7% during 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 worth $2,022,000 after purchasing an additional 12,256 shares during the last quarter. Finally, Barclays PLC grew its position in shares of XPEL by 79.5% in the third quarter. Barclays PLC now owns 78,646 shares of the company’s stock valued at $3,411,000 after purchasing an additional 34,830 shares during the period. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Trading Up 0.7 %

XPEL stock opened at $41.87 on Wednesday. The stock has a fifty day moving average price of $41.86 and a 200 day moving average price of $42.22. XPEL, Inc. has a 52 week low of $30.75 and a 52 week high of $60.49. The firm has a market capitalization of $1.16 billion, a P/E ratio of 23.93 and a beta of 1.84.

Insider Buying and Selling at XPEL

In other XPEL news, Director Mike Klonne sold 5,000 shares of XPEL stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $43.00, for a total transaction of $215,000.00. Following the transaction, the director now directly owns 50,008 shares of the company’s stock, valued at $2,150,344. The trade was a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Pape sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $42.64, for a total transaction of $852,800.00. Following the sale, the chief executive officer now owns 1,105,607 shares of the company’s stock, valued at approximately $47,143,082.48. This represents a 1.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 58,544 shares of company stock worth $2,606,789 in the last 90 days. 9.50% of the stock is owned by company insiders.

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.