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Versor Investments LP Purchases New Stake in Xponential Fitness, Inc. (NYSE:XPOF)

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Versor Investments LP acquired a new position in shares of Xponential Fitness, Inc. (NYSE:XPOFFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,600 shares of the company’s stock, valued at approximately $240,000.

A number of other large investors have also recently bought and sold shares of XPOF. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Xponential Fitness by 39.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,645 shares of the company’s stock worth $87,000 after buying an additional 1,598 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Xponential Fitness in the fourth quarter worth about $143,000. Harbor Capital Advisors Inc. boosted its stake in shares of Xponential Fitness by 63.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 19,521 shares of the company’s stock valued at $252,000 after purchasing an additional 7,605 shares in the last quarter. Graham Capital Management L.P. boosted its stake in shares of Xponential Fitness by 50.2% in the 3rd quarter. Graham Capital Management L.P. now owns 22,783 shares of the company’s stock valued at $353,000 after purchasing an additional 7,618 shares in the last quarter. Finally, Aigen Investment Management LP bought a new stake in shares of Xponential Fitness during the 3rd quarter valued at approximately $367,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Xponential Fitness

In related news, President Sarah Luna sold 5,399 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the transaction, the president now directly owns 265,247 shares in the company, valued at $2,655,122.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Andrew Hagopian sold 5,260 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.06, for a total transaction of $52,915.60. Following the completion of the sale, the insider now owns 228,390 shares of the company’s stock, valued at $2,297,603.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, President Sarah Luna sold 5,399 shares of Xponential Fitness stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the transaction, the president now directly owns 265,247 shares in the company, valued at $2,655,122.47. The disclosure for this sale can be found here. Insiders have sold a total of 34,720 shares of company stock valued at $346,871 in the last 90 days. Corporate insiders own 47.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on XPOF. Stifel Nicolaus restated a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a research report on Friday, April 12th. Citigroup cut their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, March 4th. Robert W. Baird lowered their target price on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, March 1st. Bank of America lifted their price target on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Finally, B. Riley upped their price objective on Xponential Fitness from $28.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.50.

Read Our Latest Analysis on XPOF

Xponential Fitness Price Performance

Shares of XPOF opened at $8.83 on Thursday. Xponential Fitness, Inc. has a one year low of $7.40 and a one year high of $29.50. The stock has a 50-day moving average of $13.73 and a 200-day moving average of $12.70. The company has a market cap of $424.46 million, a PE ratio of -15.49 and a beta of 1.20.

Xponential Fitness (NYSE:XPOFGet Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a negative return on equity of 7.65% and a net margin of 1.90%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.02) earnings per share. Analysts expect that Xponential Fitness, Inc. will post 0.76 EPS for the current fiscal year.

Xponential Fitness Profile

(Free Report)

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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Institutional Ownership by Quarter for Xponential Fitness (NYSE:XPOF)



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