Xponential Fitness (NYSE:XPOF) Stock Price Expected to Rise, Piper Sandler Analyst Says

Xponential Fitness (NYSE:XPOF) had its price objective increased by stock analysts at Piper Sandler from $12.00 to $16.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Piper Sandler’s price target indicates a potential upside of 11.65% from the stock’s current price.

Separately, Stifel Nicolaus upped 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 equities 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.61.

Xponential Fitness Stock Performance

Shares of XPOF stock opened at $14.33 on Monday. The company has a market capitalization of $692.18 million, a price-to-earnings ratio of -12.35 and a beta of 1.30. Xponential Fitness has a 52 week low of $7.40 and a 52 week high of $18.95. The company has a 50-day simple moving average of $14.41 and a 200 day simple moving average of $14.28.

Insider Transactions at Xponential Fitness

In other news, insider Andrew Hagopian sold 26,740 shares of the stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the sale, the insider now directly owns 255,764 shares of the company’s stock, valued at approximately $3,115,205.52. This represents a 9.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark Grabowski sold 2,595,598 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 30,546 shares of the company’s stock, valued at approximately $468,881.10. This trade represents a 98.84 % decrease in their position. The disclosure for this sale can be found here. Insiders own 47.83% of the company’s stock.

Institutional Trading of Xponential Fitness

A number of institutional investors and hedge funds have recently made changes to their positions in XPOF. Quarry LP raised its position in Xponential Fitness by 80.4% during the second quarter. Quarry LP now owns 3,692 shares of the company’s stock valued at $58,000 after purchasing an additional 1,646 shares in the last quarter. State Street Corp increased its stake in shares of Xponential Fitness by 0.4% in the 3rd quarter. State Street Corp now owns 541,092 shares of the company’s stock valued at $6,710,000 after purchasing an additional 1,977 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Xponential Fitness by 13.1% in the 2nd 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 last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after buying an additional 2,670 shares in the last quarter. Finally, SkyView Investment Advisors LLC lifted its position 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 last quarter. Institutional investors own 58.55% of the company’s stock.

About Xponential Fitness

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.