Sarah Luna Sells 14,400 Shares of Xponential Fitness, Inc. (NYSE:XPOF) Stock

Xponential Fitness, Inc. (NYSE:XPOF) President Sarah Luna sold 14,400 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the president now owns 290,297 shares of the company’s stock, valued at $4,020,613.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Xponential Fitness Stock Performance

XPOF stock traded up $0.06 during mid-day trading on Monday, hitting $13.70. The company had a trading volume of 256,610 shares, compared to its average volume of 737,321. Xponential Fitness, Inc. has a 12 month low of $7.40 and a 12 month high of $18.95. The stock’s fifty day moving average price is $14.93 and its two-hundred day moving average price is $13.77. The firm has a market cap of $658.59 million, a PE ratio of -24.04 and a beta of 1.19.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.22). Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.35%. The firm had revenue of $76.50 million during the quarter, compared to the consensus estimate of $83.63 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. Equities analysts anticipate that Xponential Fitness, Inc. will post 0.79 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in Xponential Fitness in the 2nd quarter worth about $34,000. Quarry LP grew its holdings in shares of Xponential Fitness by 80.4% during the second quarter. Quarry LP now owns 3,692 shares of the company’s stock worth $58,000 after purchasing an additional 1,646 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Xponential Fitness in the second quarter worth approximately $72,000. Dnca Finance purchased a new stake in Xponential Fitness in the second quarter valued at approximately $107,000. Finally, Quest Partners LLC bought a new stake in Xponential Fitness during the fourth quarter valued at approximately $174,000. 58.55% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Guggenheim raised their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Roth Capital upgraded Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. Piper Sandler reissued a “neutral” rating and issued a $13.00 target price (down previously from $14.00) on shares of Xponential Fitness in a research report on Friday, August 2nd. Raymond James decreased their price target on shares of Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd. Finally, Roth Mkm cut their price objective on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.25.

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.