Xponential Fitness (NYSE:XPOF) Stock Price Expected to Rise, Piper Sandler Analyst Says

Xponential Fitness (NYSE:XPOF) had its target price upped by Piper Sandler from $12.00 to $16.00 in a research report released on Monday,Benzinga reports. Piper Sandler currently has a neutral rating on the stock.

Separately, Stifel Nicolaus raised their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Xponential Fitness presently has an average rating of “Moderate Buy” and a consensus target price of $17.61.

Xponential Fitness Stock Performance

Xponential Fitness stock opened at $14.69 on Monday. Xponential Fitness has a fifty-two week low of $7.40 and a fifty-two week high of $18.95. The firm has a market capitalization of $709.57 million, a price-to-earnings ratio of -12.66 and a beta of 1.30. The stock’s fifty day moving average is $14.44 and its two-hundred day moving average is $14.29.

Insider Buying and Selling at Xponential Fitness

In other news, 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 transaction of $39,842,429.30. Following the sale, the director now owns 30,546 shares in the company, valued at $468,881.10. This trade represents a 98.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 47.83% of the stock is owned by insiders.

Hedge Funds Weigh In On Xponential Fitness

Several institutional investors have recently added to or reduced their stakes in the business. SkyView Investment Advisors LLC grew its holdings in Xponential Fitness by 23.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock valued at $229,000 after buying an additional 3,500 shares during the period. Barclays PLC boosted its position in shares of Xponential Fitness by 366.5% in the third quarter. Barclays PLC now owns 39,621 shares of the company’s stock worth $491,000 after acquiring an additional 31,127 shares during the last quarter. Geode Capital Management LLC grew its holdings in Xponential Fitness by 0.7% in the third quarter. Geode Capital Management LLC now owns 538,436 shares of the company’s stock valued at $6,678,000 after purchasing an additional 3,658 shares during the period. ABS Direct Equity Fund LLC increased its position in Xponential Fitness by 5.9% during the third quarter. ABS Direct Equity Fund LLC now owns 180,000 shares of the company’s stock worth $2,232,000 after purchasing an additional 10,000 shares during the last quarter. Finally, State Street Corp raised its stake in Xponential Fitness by 0.4% during the third quarter. State Street Corp now owns 541,092 shares of the company’s stock worth $6,710,000 after purchasing an additional 1,977 shares during the period. 58.55% of the stock is currently owned by institutional investors and hedge funds.

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.