Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. XPEL Inc shares valued at $612,196 were sold by Pape Ryan on Dec 02 ’24. At $45.20 per share, Pape Ryan sold 13,544 shares. The insider’s holdings dropped to 1,072,063 shares worth approximately $42.02 million following the completion of this transaction.
Also, RYAN PAPE purchased 20,000 shares, netting a total of over 870,000 in proceeds.
Before that, Pape Ryan had sold 20,000 shares from its account. In a trade valued at $926,885, the President and CEO traded XPEL Inc shares for $46.34 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $42.56 million.
As published in a research note from B. Riley Securities on August 09, 2024, XPEL Inc [XPEL] has been rated up from a Neutral to a Buy and the price target has been revised to $58 from $37. Analysts at Craig Hallum upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of May 03, 2024, B. Riley Securities has decreased its “Buy” rating to a “Neutral” for XPEL. Earlier on February 05, 2020, B. Riley FBR initiated its rating. Their recommendation was “a Buy” for XPEL stock.
Analyzing XPEL Stock Performance
During the last five days, there has been a drop of approximately -1.85%. Over the course of the year, XPEL Inc shares have dropped approximately -1.85%. Shares of the company reached a 52-week high of $40.88 on 01/02/25 and a 52-week low of $38.25 on 01/08/25. A 50-day SMA is recorded $42.59, while a 200-day SMA reached $42.22. Nevertheless, trading volume fell to 0.1 million shares from 0.12 million shares the previous day.
Support And Resistance Levels for XPEL Inc (XPEL)
According to the 24-hour chart, there is a support level at 38.49, which, if violated, would cause prices to drop to 37.78. In the upper region, resistance lies at 39.67. The next price resistance is at 40.14. RSI (Relative Strength Index) is 34.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.73, which suggests the price will decrease in the coming days. Percent R is at 84.80%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
