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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have been assigned an average rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. 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. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $17.17.

Several analysts have weighed in on XPOF shares. Piper Sandler dropped their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Stifel Nicolaus increased their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, November 11th.

Insider Activity

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $15.35, for a total value of $39,842,429.30. Following the transaction, the director now directly owns 30,546 shares in the company, valued at approximately $468,881.10. This represents a 98.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction 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 in the company, valued at $3,115,205.52. This trade represents a 9.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 47.83% of the company’s stock.

Hedge Funds Weigh In On Xponential Fitness

A number of large investors have recently bought and sold shares of XPOF. Wasatch Advisors LP increased its position in Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock worth $14,297,000 after purchasing an additional 565,451 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Xponential Fitness by 276.5% in the 3rd quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock worth $8,590,000 after purchasing an additional 508,715 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in Xponential Fitness during the third quarter valued at approximately $3,171,000. JCP Investment Management LLC acquired a new stake in shares of Xponential Fitness during the 2nd quarter valued at approximately $3,915,000. Finally, Hiddenite Capital Partners LP bought a new position in shares of Xponential Fitness in the 2nd quarter worth about $2,730,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Up 9.4 %

Xponential Fitness stock opened at $15.26 on Friday. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $18.95. The business has a fifty day moving average of $14.31 and a two-hundred day moving average of $14.31. The firm has a market cap of $737.10 million, a P/E ratio of -13.16 and a beta of 1.26.

About Xponential Fitness

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.