Alta Fox Capital Management expanded its position in XPEL Inc. during the fourth quarter of 2025, acquiring 1,384,769 shares valued at approximately $57.88 million. The investment increased the firm's stake in the protective coatings manufacturer to 15.5% of its total portfolio, signaling a concentrated bet on the company's growth trajectory.
The significant capital deployment comes as XPEL demonstrated robust financial performance in recent quarters. The company reported record third-quarter revenue of $125.4 million, representing an 11.1% year-over-year increase. This operational momentum has been reflected in the equity markets, with XPEL shares appreciating 30.9% over the preceding twelve-month period.
The increased investment suggests Alta Fox views the company's execution and market position favorably. With this quarter's addition, the investment firm has substantially elevated its exposure to XPEL, making it one of the firm's core holdings and reflecting management's conviction in the company's continued expansion and profitability.