Wasatch reported a 12.4 percent stake in XPEL stock

Published on 10/20/2026 at 14:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

XPEL committed USD 110 million to plants in San Antonio and China. XPEL stock costs EUR 39.34 on October 20, 2026 beside USD 1.21 billion in market value.

Ownership and expansion timeline

Wasatch Advisors reported 3,431,038 shares, or 12.4 percent, on October 9, 2026.
XPEL committed USD 110 million to manufacturing expansion on October 15, 2026.
XPEL stock traded at EUR 39.34 at 2:09 p.m. CEST at Lang & Schwarz on October 20, 2026.

XPEL, US98379L1008, Illustration mit AI erstellt.

XPEL (US98379L1008) drew fresh attention after Wasatch Advisors reported a 12.4 percent stake in the company on October 9, 2026. The filing covered 3,431,038 shares as of September 30, 2026, according to SEC. For XPEL stock, the ownership disclosure adds a concrete institutional position to a broader expansion story.

Three dates frame the story

On May 19, 2026, XPEL announced an approximately USD 110 million manufacturing and supply-chain investment, including expanded San Antonio operations and a facility acquisition in China, as reported by Yahoo Finance. On August 5, 2026, the company reported second-quarter revenue of USD 143.05 million, up 14.7 percent year over year, according to 6ix. The latest dated event was the October 9 ownership filing, which reported 12.4 percent beneficial ownership.

What does the expansion mean?

The USD 110 million program shifts attention from simple sales growth to execution, capacity utilization and cost control. Simply Wall St said on October 16, 2026 that the project could strengthen vertical integration and higher-margin product lines, while delays or weak utilization could increase interest and depreciation costs before the investment contributes to earnings. That balance is important because second-quarter revenue reached USD 143.05 million, but the expansion requires substantial capital before its operating benefits are visible.

Next date is November 11

The next explicitly listed reporting date is November 11, 2026, according to Makkler. That report should give investors the next quantified test of demand, margins and the effect of the planned capacity build.

Euro quote remains the anchor

XPEL stock was trading at EUR 39.34 at Lang & Schwarz on October 20, 2026 at 2:09 p.m. CEST. The Nasdaq listing was quoted at USD 44.13 in a dated market snapshot, while the same source showed a USD 31.88 to USD 55.91 52-week range and USD 1.21 billion market capitalization.

The further course of trading is shown by the continuously updated real-time quote of XPEL stock.