Traders Purchase Large Volume of Call Options on Xponential Fitness (NYSE:XPOF)

Xponential Fitness, Inc. (NYSE:XPOF) saw unusually large options trading activity on Wednesday. Stock investors bought 10,434 call options on the stock. This is an increase of approximately 1,308% compared to the average daily volume of 741 call options.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a research report on Thursday, January 23rd. Northland Securities assumed coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price target for the company. Finally, Piper Sandler raised their price target on shares of Xponential Fitness from $12.00 to $16.00 and gave the company a “neutral” rating in a research note on Monday, January 6th. Five analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.44.

Xponential Fitness Trading Up 1.2 %

NYSE:XPOF opened at $12.27 on Friday. The company has a market cap of $592.68 million, a P/E ratio of -10.58 and a beta of 1.38. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $18.95. The company’s 50-day moving average price is $15.40 and its 200-day moving average price is $14.19.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of XPOF. Nut Tree Capital Management LP grew its position in shares of Xponential Fitness by 5.0% in the fourth quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company’s stock valued at $42,391,000 after purchasing an additional 150,000 shares in the last quarter. Voss Capital LP boosted its stake in Xponential Fitness by 3.6% during the fourth quarter. Voss Capital LP now owns 2,940,000 shares of the company’s stock worth $39,543,000 after buying an additional 101,912 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Xponential Fitness by 5.7% in the 4th quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company’s stock valued at $23,021,000 after buying an additional 92,477 shares in the last quarter. Wasatch Advisors LP increased its stake in shares of Xponential Fitness by 96.2% in the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock worth $14,297,000 after acquiring an additional 565,451 shares during the last quarter. Finally, Verition Fund Management LLC raised its holdings 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 worth $8,590,000 after acquiring an additional 508,715 shares during the period. 58.55% of the stock is 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.