Mutual of America Capital Management LLC Acquires New Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Mutual of America Capital Management LLC bought a new position in Xponential Fitness, Inc. (NYSE:XPOF) in the 3rd quarter, HoldingsChannel reports. The fund bought 81,816 shares of the company’s stock, valued at approximately $1,015,000.

Several other large investors also recently made changes to their positions in XPOF. JCP Investment Management LLC bought a new stake in shares of Xponential Fitness during the second quarter valued at about $3,915,000. Squarepoint Ops LLC bought a new stake in shares of Xponential Fitness during the 2nd quarter worth about $1,076,000. AQR Capital Management LLC raised its position in shares of Xponential Fitness by 684.4% during the 2nd quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock worth $1,715,000 after buying an additional 95,945 shares in the last quarter. Hiddenite Capital Partners LP acquired a new stake in shares of Xponential Fitness in the 2nd quarter worth approximately $2,730,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Xponential Fitness by 12.4% in the second quarter. Bank of New York Mellon Corp now owns 82,419 shares of the company’s stock valued at $1,286,000 after acquiring an additional 9,079 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Trading Up 5.1 %

Shares of XPOF opened at $15.70 on Tuesday. Xponential Fitness, Inc. has a 1-year low of $7.40 and a 1-year high of $18.95. The stock has a market capitalization of $758.31 million, a P/E ratio of -13.53 and a beta of 1.18. The business’s 50-day moving average price is $13.18 and its 200 day moving average price is $13.44.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Piper Sandler dropped their target price on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, November 8th. Raymond James cut their price objective on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a report on Friday, August 2nd. Robert W. Baird lowered their target price on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. B. Riley boosted their price target on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Finally, Roth Mkm reduced their price objective on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Four research 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 company’s stock. According to MarketBeat, Xponential Fitness presently has an average rating of “Moderate Buy” and a consensus target price of $17.17.

Insider Transactions 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 value of $39,842,429.30. Following the completion of the sale, the director now owns 30,546 shares of the company’s stock, valued at $468,881.10. This trade represents a 98.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, President Sarah Luna sold 14,400 shares of Xponential Fitness stock in a transaction on Friday, September 13th. The shares were sold at an average price of $13.85, for a total value of $199,440.00. Following the transaction, the president now owns 290,297 shares in the company, valued at $4,020,613.45. This represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,636,738 shares of company stock valued at $40,367,563 over the last ninety days. Corporate insiders own 47.83% of the company’s stock.

Xponential Fitness 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.