Trexquant Investment LP grew its stake in shares of Xponential Fitness, Inc. (NYSE:XPOF – Free Report) by 346.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 172,285 shares of the company’s stock after buying an additional 133,677 shares during the quarter. Trexquant Investment LP owned 0.36% of Xponential Fitness worth $2,221,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Panagora Asset Management Inc. bought a new stake in Xponential Fitness in the 4th quarter worth $347,000. Versor Investments LP purchased a new stake in shares of Xponential Fitness in the 4th quarter worth about $240,000. ABS Direct Equity Fund LLC purchased a new stake in shares of Xponential Fitness in the 4th quarter worth about $1,611,000. Los Angeles Capital Management LLC lifted its position in shares of Xponential Fitness by 204.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock worth $2,851,000 after purchasing an additional 148,576 shares during the period. Finally, Voss Capital LLC purchased a new stake in shares of Xponential Fitness in the 4th quarter worth about $29,776,000. Institutional investors own 58.55% of the company’s stock.
Xponential Fitness Stock Up 3.6 %
Shares of Xponential Fitness stock opened at $9.10 on Friday. The company has a market cap of $437.46 million, a price-to-earnings ratio of -15.96 and a beta of 1.20. The company’s 50 day moving average is $12.94 and its 200 day moving average is $12.45. Xponential Fitness, Inc. has a twelve month low of $7.40 and a twelve month high of $29.16.
Xponential Fitness (NYSE:XPOF – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The company had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a net margin of 1.90% and a negative return on equity of 7.65%. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.02) EPS. Sell-side analysts expect that Xponential Fitness, Inc. will post 0.75 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have recently commented on XPOF. Piper Sandler dropped their target price on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Monday, May 13th. Bank of America lifted their price target on shares of Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. B. Riley lifted their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. Citigroup lowered their price target on shares of Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, March 4th. Finally, Robert W. Baird lowered their price target on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, March 1st. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $21.50.
Get Our Latest Research Report on Xponential Fitness
Insider Buying and Selling at Xponential Fitness
In other Xponential Fitness news, CFO John P. Meloun sold 6,160 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.09, for a total transaction of $62,154.40. Following the completion of the sale, the chief financial officer now directly owns 245,003 shares of the company’s stock, valued at $2,472,080.27. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Andrew Hagopian sold 5,260 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total value of $52,915.60. Following the completion of the sale, the insider now directly owns 228,390 shares of the company’s stock, valued at $2,297,603.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO John P. Meloun sold 6,160 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.09, for a total transaction of $62,154.40. Following the completion of the sale, the chief financial officer now directly owns 245,003 shares of the company’s stock, valued at $2,472,080.27. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,720 shares of company stock valued at $346,871. Insiders own 47.83% of the company’s stock.
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.
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