In a filing, XPEL Inc revealed its President and CEO Pape Ryan unloaded Company’s shares for reported $0.61 million on Dec 02 ’24. In the deal valued at $45.20 per share,13,544 shares were sold. As a result of this transaction, Pape Ryan now holds 1,072,063 shares worth roughly $43.5 million.
Then, RYAN PAPE bought 20,000 shares, generating $870,000 in total proceeds.
Before that, Pape Ryan sold 20,000 shares. XPEL Inc shares valued at $926,885 were divested by the President and CEO at a price of $46.34 per share. As a result of the transaction, Pape Ryan now holds 1,085,607 shares, worth roughly $44.05 million.
B. Riley Securities upgraded its XPEL Inc [XPEL] rating to a Buy from a a Neutral in a research note published on August 09, 2024; the price target was increased to $58 from $37. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in early August from “a Hold” to “a Buy”. B. Riley Securities also remained covering XPEL and has decreased its forecast on May 03, 2024 with a “Neutral” recommendation from previously “Buy” rating. B. Riley FBR started covering the stock on February 05, 2020. It rated XPEL as “a Buy”.
Price Performance Review of XPEL
On Tuesday, XPEL Inc [NASDAQ:XPEL] saw its stock jump 1.45% to $40.58. Over the last five days, the stock has lost -6.07%. XPEL Inc shares have fallen nearly -24.21% since the year began. Nevertheless, the stocks have fallen -27.33% over the past one year. While a 52-week high of $60.49 was reached on 04/04/24, a 52-week low of $30.75 was recorded on 05/03/24. SMA at 50 days reached $42.89, while 200 days put it at $42.71.
Levels Of Support And Resistance For XPEL Stock
The 24-hour chart illustrates a support level at 39.82, which if violated will result in even more drops to 39.07. On the upside, there is a resistance level at 40.99. A further resistance level may holdings at 41.41. The Relative Strength Index (RSI) on the 14-day chart is 37.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.79%. Stochastics %K at 8.08% indicates the stock is a buying.
How much short interest is there in XPEL Inc?
A steep rise in short interest was recorded in XPEL Inc stocks on 2024-11-29, dropping by 64214.0 shares to a total of 2.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.4 million shares. There was a decline of -2.74%, which implies that there is a negative sentiment for the stock.
