Xponential Fitness Sees Unusually Large Options Volume (NYSE:XPOF)

Xponential Fitness, Inc. (NYSE:XPOF) saw some unusual options trading activity on Wednesday. Traders purchased 10,434 call options on the company. This represents an increase of 1,308% compared to the typical volume of 741 call options.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a research report on Thursday, January 23rd. Northland Securities began coverage on Xponential Fitness in a research report on Thursday, January 23rd. They set a “market perform” rating and a $17.50 price objective for the company. Finally, Piper Sandler lifted their price objective on Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Xponential Fitness currently has a consensus rating of “Moderate Buy” and an average price target of $17.22.

Institutional Trading of Xponential Fitness

Several hedge funds and other institutional investors have recently bought and sold shares of XPOF. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $29,000. Point72 Asset Management L.P. purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $46,000. AlphaQuest LLC grew its stake in Xponential Fitness by 335.9% in the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company’s stock worth $65,000 after acquiring an additional 3,732 shares during the period. Financial Management Professionals Inc. grew its stake in Xponential Fitness by 117.6% in the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock worth $68,000 after acquiring an additional 2,714 shares during the period. Finally, Asset Planning Inc purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $71,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Xponential Fitness Stock Performance

XPOF stock opened at $12.09 on Thursday. The stock has a market capitalization of $584.18 million, a P/E ratio of -10.43 and a beta of 1.38. Xponential Fitness has a one year low of $7.40 and a one year high of $18.95. The company has a 50 day moving average price of $15.43 and a two-hundred day moving average price of $14.21.

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.