Financial Management Professionals Inc. Purchases 2,714 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Financial Management Professionals Inc. increased its holdings in Xponential Fitness, Inc. (NYSE:XPOF) by 117.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,021 shares of the company’s stock after acquiring an additional 2,714 shares during the period. Financial Management Professionals Inc.’s holdings in Xponential Fitness were worth $68,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of XPOF. Quarry LP increased its position in Xponential Fitness by 80.4% in the second quarter. Quarry LP now owns 3,692 shares of the company’s stock worth $58,000 after buying an additional 1,646 shares during the last quarter. State Street Corp increased its holdings in Xponential Fitness by 0.4% in the 3rd quarter. State Street Corp now owns 541,092 shares of the company’s stock worth $6,710,000 after acquiring an additional 1,977 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Xponential Fitness by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after acquiring an additional 2,670 shares during the period. SkyView Investment Advisors LLC lifted its holdings in Xponential Fitness by 23.3% during the third quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock valued at $229,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Xponential Fitness by 0.7% during the third quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock worth $6,678,000 after purchasing an additional 3,658 shares during the period. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Down 2.2 %

NYSE XPOF opened at $15.65 on Monday. The firm has a market cap of $755.85 million, a price-to-earnings ratio of -13.49 and a beta of 1.30. The company has a 50-day simple moving average of $14.78 and a two-hundred day simple moving average of $14.26. Xponential Fitness, Inc. has a 12-month low of $7.40 and a 12-month high of $18.95.

Analyst Ratings Changes

XPOF has been the topic of a number of recent research reports. Stifel Nicolaus upped their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Piper Sandler raised their price target on Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Xponential Fitness has a consensus rating of “Moderate Buy” and a consensus target price of $17.61.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the company’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 transaction, the director now 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 47.83% of the stock is owned by company insiders.

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.