Xponential Fitness (NYSE:XPOF) Price Target Raised to $16.00 at Piper Sandler

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

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

Xponential Fitness Stock Up 1.6 %

Shares of NYSE XPOF opened at $15.51 on Monday. Xponential Fitness has a twelve month low of $7.40 and a twelve month high of $18.95. The firm has a market cap of $749.18 million, a PE ratio of -13.37 and a beta of 1.30. The business has a fifty day simple moving average of $14.37 and a two-hundred day simple moving average of $14.30.

Insider Buying and Selling at Xponential Fitness

In other Xponential Fitness news, Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $15.35, for a total value of $39,842,429.30. Following the sale, the director now directly owns 30,546 shares of the company’s stock, valued at approximately $468,881.10. This 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 can be accessed through this link. Also, insider Andrew Hagopian sold 26,740 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the completion of the sale, the insider now owns 255,764 shares in the company, valued at $3,115,205.52. The trade was a 9.47 % decrease in their position. The disclosure for this sale can be found here. 47.83% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xponential Fitness

Hedge funds have recently bought and sold shares of the stock. Quarry LP grew its position in shares of Xponential Fitness by 80.4% during the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after acquiring an additional 1,646 shares during the period. State Street Corp boosted its position 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 in the last quarter. Principal Financial Group Inc. grew its holdings in Xponential Fitness by 13.1% in the second quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock valued at $297,000 after purchasing an additional 2,203 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after buying an additional 2,670 shares in the last quarter. Finally, SkyView Investment Advisors LLC raised its stake in shares of Xponential Fitness by 23.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company’s stock worth $229,000 after buying an additional 3,500 shares during the period. Hedge funds and other institutional investors own 58.55% 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.