Analysts Set Xponential Fitness, Inc. (NYSE:XPOF) PT at $17.17

Shares of Xponential Fitness, Inc. (NYSE:XPOF) have received a consensus rating of “Moderate Buy” from the ten brokerages that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $17.17.

Several equities analysts have weighed in on XPOF shares. Piper Sandler decreased their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Stifel Nicolaus upped their price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th.

Xponential Fitness Trading Up 2.8 %

XPOF opened at $13.45 on Friday. The firm has a market capitalization of $649.68 million, a PE ratio of -11.59 and a beta of 1.26. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $18.95. The firm’s 50-day moving average price is $14.22 and its 200 day moving average price is $14.32.

Insider Transactions at Xponential Fitness

In other news, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $12.18, for a total transaction of $325,693.20. Following the completion of the transaction, the insider now directly owns 255,764 shares of the company’s stock, valued at $3,115,205.52. This trade represents a 9.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark Grabowski sold 2,595,598 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $15.35, for a total value of $39,842,429.30. Following the transaction, the director now directly owns 30,546 shares of the company’s stock, valued at $468,881.10. The trade was a 98.84 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 47.83% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP boosted its stake in 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 buying an additional 565,451 shares during the last quarter. Verition Fund Management LLC boosted its position in shares of Xponential Fitness by 276.5% in the third 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 last quarter. Rockefeller Capital Management L.P. purchased a new stake in Xponential Fitness in the third quarter valued at approximately $3,171,000. JCP Investment Management LLC acquired a new position in Xponential Fitness during the second quarter worth approximately $3,915,000. Finally, Hiddenite Capital Partners LP purchased a new position in Xponential Fitness during the second quarter worth approximately $2,730,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

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.