Fitness

Xponential Fitness, Inc. (NYSE:XPOF) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its stake in Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) by 37.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,301 shares of the company’s stock after purchasing an additional 6,410 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Xponential Fitness were worth $534,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its holdings in shares of Xponential Fitness by 6.0% during the 3rd quarter. Federated Hermes Inc. now owns 1,850,000 shares of the company’s stock worth $33,781,000 after acquiring an additional 105,000 shares during the period. BlackRock Inc. raised its stake in Xponential Fitness by 6.3% during the third quarter. BlackRock Inc. now owns 1,057,332 shares of the company’s stock worth $19,307,000 after purchasing an additional 62,579 shares during the period. Ophir Asset Management Pty Ltd boosted its holdings in Xponential Fitness by 57.1% in the 3rd quarter. Ophir Asset Management Pty Ltd now owns 912,923 shares of the company’s stock valued at $16,670,000 after purchasing an additional 331,864 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Xponential Fitness by 18.7% in the 3rd quarter. Vanguard Group Inc. now owns 781,672 shares of the company’s stock valued at $14,274,000 after buying an additional 122,916 shares during the period. Finally, Lisanti Capital Growth LLC raised its position in shares of Xponential Fitness by 158.8% during the 4th quarter. Lisanti Capital Growth LLC now owns 374,190 shares of the company’s stock valued at $8,580,000 after buying an additional 229,615 shares during the period. Hedge funds and other institutional investors own 28.77% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Anthony Geisler sold 13,627 shares of the stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $25.08, for a total value of $341,765.16. Following the completion of the sale, the chief executive officer now directly owns 334,368 shares of the company’s stock, valued at $8,385,949.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Anthony Geisler sold 13,627 shares of the firm’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $25.08, for a total transaction of $341,765.16. Following the transaction, the chief executive officer now owns 334,368 shares of the company’s stock, valued at $8,385,949.44. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO John P. Meloun sold 3,311 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $25.20, for a total value of $83,437.20. Following the completion of the transaction, the chief financial officer now owns 232,248 shares in the company, valued at approximately $5,852,649.60. The disclosure for this sale can be found here. Insiders have sold a total of 548,705 shares of company stock valued at $17,033,103 over the last quarter. Company insiders own 47.86% of the company’s stock.

Xponential Fitness Stock Down 0.6 %

NYSE XPOF opened at $26.33 on Friday. The firm’s fifty day moving average price is $29.85 and its 200 day moving average price is $26.40. Xponential Fitness, Inc. has a 12 month low of $11.20 and a 12 month high of $33.58.

Xponential Fitness (NYSE:XPOF – Get Rating) last issued its quarterly earnings data on Thursday, March 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.08. Xponential Fitness had a negative return on equity of 16.57% and a negative net margin of 0.20%. The company had revenue of $71.27 million for the quarter, compared to analyst estimates of $67.22 million. Equities analysts anticipate that Xponential Fitness, Inc. will post 0.48 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on XPOF. Morgan Stanley boosted their price objective on shares of Xponential Fitness from $28.00 to $30.00 and gave the company an “overweight” rating in a report on Friday, March 3rd. Piper Sandler lifted their price objective on Xponential Fitness from $36.00 to $42.00 in a research note on Friday, May 5th. TheStreet lowered Xponential Fitness from a “c” rating to a “d” rating in a research note on Friday, May 5th. Guggenheim boosted their price target on shares of Xponential Fitness from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, March 13th. Finally, Robert W. Baird lowered shares of Xponential Fitness from an “outperform” rating to a “neutral” rating and set a $34.00 price objective for the company. in a research note on Wednesday, April 5th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $35.13.

Xponential Fitness Company Profile

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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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Institutional Ownership by Quarter for Xponential Fitness (NYSE:XPOF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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