Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) COO Ryan Junk sold 10,290 shares of the stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $28.55, for a total transaction of $293,779.50. Following the sale, the chief operating officer now owns 14,660 shares in the company, valued at $418,543. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Xponential Fitness Stock Performance
Xponential Fitness stock traded down $1.06 during trading on Friday, reaching $27.64. The company had a trading volume of 530,917 shares, compared to its average volume of 568,251. Xponential Fitness, Inc. has a 12-month low of $11.20 and a 12-month high of $30.70. The stock’s 50 day moving average price is $25.85 and its two-hundred day moving average price is $22.11. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -7.53, a PEG ratio of 1.35 and a beta of 1.41.
Institutional Investors Weigh In On Xponential Fitness
Several institutional investors have recently bought and sold shares of XPOF. Macquarie Group Ltd. grew its position in Xponential Fitness by 23.1% in the 3rd quarter. Macquarie Group Ltd. now owns 3,320 shares of the company’s stock valued at $61,000 after buying an additional 624 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Xponential Fitness by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,444 shares of the company’s stock worth $239,000 after purchasing an additional 964 shares in the last quarter. American International Group Inc. lifted its position in shares of Xponential Fitness by 23.9% in the first quarter. American International Group Inc. now owns 6,115 shares of the company’s stock worth $143,000 after purchasing an additional 1,181 shares in the last quarter. Dorsey Wright & Associates acquired a new position in Xponential Fitness in the fourth quarter worth approximately $28,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Xponential Fitness by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 47,153 shares of the company’s stock worth $1,081,000 after buying an additional 1,242 shares during the last quarter. 28.77% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have issued reports on XPOF shares. Citigroup raised their price objective on shares of Xponential Fitness from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Monday. Guggenheim raised their price objective on shares of Xponential Fitness to $26.00 in a research note on Wednesday, November 16th. Morgan Stanley raised their price objective on shares of Xponential Fitness from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, March 3rd. Raymond James lifted their target price on shares of Xponential Fitness from $30.00 to $32.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 3rd. Finally, Piper Sandler lifted their target price on shares of Xponential Fitness from $34.00 to $36.00 and gave the stock an “overweight” rating in a research report on Friday, November 11th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $32.00.
Xponential Fitness Company Profile
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
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