Oppenheimer Asset Management Inc. Takes $2.46 Million Position in Xpel Inc $XPLT

Oppenheimer Asset Management Inc. bought a new position in Xpel Inc (OTCMKTS:XPLT) in the 2nd quarter, HoldingsChannel reports. The fund bought 49,562 shares of the company’s stock, valued at approximately $2,458,000.

Xpel Price Performance

Shares of Xpel stock opened at $50.00 on Monday. The stock has a 50-day moving average price of $46.02 and a 200 day moving average price of $45.85. Xpel Inc has a 1 year low of $4.19 and a 1 year high of $7.21.

About Xpel

XPEL Inc is a global technology company specializing in the development, manufacture and distribution of protective films and coatings for automotive, architectural and industrial applications. Founded in 1997 and headquartered in San Antonio, Texas, XPEL’s product portfolio centers on self-healing paint protection films (PPF), ceramic coatings and window tint films designed to preserve and enhance vehicle finishes. The company went public in 2019 and has since expanded its research and development efforts to introduce next-generation materials that offer superior clarity, durability and chemical resistance.

XPEL’s flagship offerings include the Ultimate Plus and TracWRAP paint protection films, which combine advanced polyurethane substrates with scratch-recovery technology to safeguard automobile exteriors from rock chips, road debris and minor abrasions.