Los Angeles Capital Management LLC Lowers Position in Xponential Fitness, Inc. (NYSE:XPOF)

Los Angeles Capital Management LLC trimmed its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 55.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 88,062 shares of the company’s stock after selling 107,526 shares during the period. Los Angeles Capital Management LLC’s holdings in Xponential Fitness were worth $1,092,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kent Lake Capital LLC grew its holdings in shares of Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock worth $14,596,000 after purchasing an additional 647,743 shares in the last quarter. JCP Investment Management LLC purchased a new position in Xponential Fitness in the 2nd quarter worth approximately $3,915,000. Nut Tree Capital Management LP increased its holdings in shares of Xponential Fitness by 74.3% in the 1st quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock worth $4,135,000 after buying an additional 106,587 shares during the last quarter. Algert Global LLC lifted its holdings in shares of Xponential Fitness by 4.0% during the 2nd quarter. Algert Global LLC now owns 203,823 shares of the company’s stock worth $3,180,000 after acquiring an additional 7,825 shares during the last quarter. Finally, Hiddenite Capital Partners LP purchased a new position in Xponential Fitness in the second quarter worth $2,730,000. 58.55% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, President Sarah Luna sold 14,400 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $13.85, for a total value of $199,440.00. Following the completion of the sale, the president now directly owns 290,297 shares of the company’s stock, valued at approximately $4,020,613.45. This trade represents a 4.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Andrew Hagopian sold 26,740 shares of the business’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total transaction of $325,693.20. Following the transaction, the insider now owns 255,764 shares in the company, valued at $3,115,205.52. This represents a 9.47 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 47.83% of the company’s stock.

Xponential Fitness Trading Down 2.9 %

Shares of NYSE:XPOF opened at $15.05 on Friday. The company has a market cap of $724.96 million, a price-to-earnings ratio of -13.36 and a beta of 1.18. Xponential Fitness, Inc. has a 12 month low of $7.40 and a 12 month high of $18.95. The company has a 50-day moving average price of $12.90 and a 200-day moving average price of $13.29.

Wall Street Analysts Forecast Growth

XPOF has been the subject of several research analyst reports. Roth Mkm dropped their price target on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Raymond James cut their target price on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd. B. Riley lifted their price target on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Robert W. Baird cut their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Finally, 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 research report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Xponential Fitness presently has an average rating of “Moderate Buy” and an average target price of $17.17.

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.