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

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have earned an average rating of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $17.17.

Several research analysts have issued reports on the stock. Stifel Nicolaus lifted their target price 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. Piper Sandler decreased their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, November 8th.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, 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 disclosure for this sale can be found here. 47.83% of the stock is currently owned by corporate insiders.

Institutional Trading of Xponential Fitness

Institutional investors and hedge funds have recently bought and sold shares of the business. nVerses Capital LLC purchased a new position in Xponential Fitness during the second quarter worth approximately $34,000. Quarry LP lifted its position in shares of Xponential Fitness by 80.4% during the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after buying an additional 1,646 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in Xponential Fitness in the 2nd quarter valued at $72,000. SG Americas Securities LLC purchased a new stake in Xponential Fitness in the 3rd quarter worth $107,000. Finally, Centiva Capital LP purchased a new position in Xponential Fitness during the third quarter valued at $183,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Price Performance

NYSE:XPOF opened at $13.45 on Friday. The firm has a market capitalization of $649.68 million, a P/E ratio of -11.59 and a beta of 1.26. Xponential Fitness has a one year low of $7.40 and a one year high of $18.95. The company’s 50-day simple moving average is $14.22 and its 200 day simple moving average is $14.32.

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.