Xponential Fitness (NYSE:XPOF) Trading 4.3% Higher – Should You Buy?

Xponential Fitness, Inc. (NYSE:XPOF) rose 4.3% on Friday . The company traded as high as $14.68 and last traded at $14.66. Approximately 44,549 shares traded hands during trading, a decline of 93% from the average daily volume of 655,539 shares. The stock had previously closed at $14.05.

Analysts Set New Price Targets

XPOF has been the subject of a number of recent research reports. Piper Sandler reduced their price objective on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Stifel Nicolaus lifted their price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.17.

Xponential Fitness Stock Performance

The company has a 50 day moving average of $13.91 and a two-hundred day moving average of $14.02. The stock has a market cap of $730.78 million, a PE ratio of -13.04 and a beta of 1.26.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the business’s stock in a transaction that occurred on 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 directly owns 30,546 shares in the company, valued at approximately $468,881.10. The trade was a 98.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew Hagopian sold 26,740 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the sale, the insider now owns 255,764 shares of the company’s stock, 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. 47.83% of the stock is owned by company insiders.

Institutional Investors Weigh In On Xponential Fitness

Several large investors have recently bought and sold shares of the company. SkyView Investment Advisors LLC increased its stake in Xponential Fitness by 23.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock worth $229,000 after buying an additional 3,500 shares in the last quarter. Barclays PLC increased its stake in Xponential Fitness by 366.5% during the 3rd quarter. Barclays PLC now owns 39,621 shares of the company’s stock worth $491,000 after buying an additional 31,127 shares in the last quarter. Geode Capital Management LLC increased its stake in Xponential Fitness by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock worth $6,678,000 after buying an additional 3,658 shares in the last quarter. ABS Direct Equity Fund LLC boosted its holdings in shares of Xponential Fitness by 5.9% during the 3rd quarter. ABS Direct Equity Fund LLC now owns 180,000 shares of the company’s stock worth $2,232,000 after purchasing an additional 10,000 shares during the last quarter. Finally, State Street Corp boosted its holdings 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 worth $6,710,000 after purchasing an additional 1,977 shares during the last quarter. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

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.