Xponential Fitness, Inc. (NYSE:XPOF) Receives Average Rating of “Moderate Buy” from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $17.17.

Several analysts have recently commented on XPOF shares. Piper Sandler reduced their price target on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Stifel Nicolaus raised their target price on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, B. Riley upped their price target on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th.

Insiders Place Their Bets

In related news, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the completion of the sale, the director now owns 30,546 shares in the company, valued at approximately $468,881.10. This trade represents a 98.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Andrew Hagopian sold 26,740 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total transaction of $325,693.20. Following the completion of the transaction, the insider now owns 255,764 shares in the company, valued at approximately $3,115,205.52. This trade represents a 9.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,636,738 shares of company stock worth $40,367,563. Insiders own 47.83% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

A number of institutional investors have recently modified their holdings of XPOF. Wasatch Advisors LP increased its stake in Xponential Fitness by 96.2% in the third quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after purchasing an additional 565,451 shares during the last quarter. Verition Fund Management LLC increased its stake in shares of Xponential Fitness by 276.5% during the 3rd quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock valued at $8,590,000 after acquiring an additional 508,715 shares during the last quarter. State Street Corp increased its stake in shares of Xponential Fitness by 0.4% during the 3rd quarter. State Street Corp now owns 541,092 shares of the company’s stock valued at $6,710,000 after acquiring an additional 1,977 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Xponential Fitness by 0.7% in the third quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock worth $6,678,000 after acquiring an additional 3,658 shares during the last quarter. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Xponential Fitness in the third quarter worth approximately $3,171,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Stock Up 1.6 %

NYSE XPOF opened at $15.48 on Tuesday. The stock has a market capitalization of $747.68 million, a P/E ratio of -13.34 and a beta of 1.26. Xponential Fitness has a 52-week low of $7.40 and a 52-week high of $18.95. The firm has a 50-day moving average price of $13.35 and a 200 day moving average price of $13.62.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.