Financial Management Professionals Inc. Boosts Stock Position in Xponential Fitness, Inc. (NYSE:XPOF)

Financial Management Professionals Inc. raised its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 117.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,021 shares of the company’s stock after purchasing 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 hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Victory Capital Management Inc. purchased a new stake in shares of Xponential Fitness in the second quarter worth about $227,000. Dimensional Fund Advisors LP boosted its stake in shares of Xponential Fitness by 63.1% in the second quarter. Dimensional Fund Advisors LP now owns 25,397 shares of the company’s stock worth $396,000 after acquiring an additional 9,827 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Xponential Fitness during the second quarter worth $72,000. Squarepoint Ops LLC purchased a new stake in shares of Xponential Fitness in the second quarter valued at approximately $1,076,000. Finally, AQR Capital Management LLC increased its position in Xponential Fitness by 684.4% during the second quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock worth $1,715,000 after purchasing an additional 95,945 shares during the last quarter. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Xponential Fitness Stock Down 2.2 %

XPOF opened at $15.65 on Monday. The firm has a market cap of $755.85 million, a P/E ratio of -13.49 and a beta of 1.30. Xponential Fitness, Inc. has a 52 week low of $7.40 and a 52 week high of $18.95. The business’s fifty day simple moving average is $14.78 and its 200 day simple moving average is $14.26.

Analyst Ratings Changes

Several research analysts have recently commented on XPOF shares. Piper Sandler raised their price target on Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Stifel Nicolaus lifted their price target on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Xponential Fitness presently has a consensus rating of “Moderate Buy” and an average target price of $17.61.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the completion of the sale, the director now directly owns 30,546 shares in the company, valued at $468,881.10. The trade was a 98.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 47.83% of the stock is owned by company insiders.

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.