Globeflex Capital L P Makes New $269,000 Investment in Xponential Fitness, Inc. (NYSE:XPOF)

Globeflex Capital L P bought a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,715 shares of the company’s stock, valued at approximately $269,000.

Several other institutional investors have also recently bought and sold shares of XPOF. Macquarie Group Ltd. raised its stake in Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock worth $34,000 after acquiring an additional 1,540 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in Xponential Fitness during the second quarter worth about $34,000. Advisor Group Holdings Inc. raised its stake in Xponential Fitness by 139.0% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,251 shares of the company’s stock worth $51,000 after acquiring an additional 1,309 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in Xponential Fitness during the third quarter worth about $82,000. Finally, American International Group Inc. raised its stake in Xponential Fitness by 29.8% during the second quarter. American International Group Inc. now owns 7,939 shares of the company’s stock worth $100,000 after acquiring an additional 1,824 shares in the last quarter. Institutional investors and hedge funds own 28.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on XPOF shares. Piper Sandler boosted their target price on Xponential Fitness from $36.00 to $42.00 in a research note on Friday, May 5th. Guggenheim upped their price objective on Xponential Fitness from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Monday, March 13th. Lake Street Capital upped their price objective on Xponential Fitness from $38.00 to $41.00 in a research note on Friday, May 5th. TheStreet downgraded Xponential Fitness from a “c” rating to a “d” rating in a research note on Friday, May 5th. Finally, Raymond James upped their price objective on Xponential Fitness from $30.00 to $32.00 and gave the company a “strong-buy” rating in a research note on Friday, March 3rd. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $35.13.

Insiders Place Their Bets

In related news, COO Ryan Junk sold 26,000 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $28.26, for a total value of $734,760.00. Following the transaction, the chief operating officer now directly owns 12,465 shares in the company, valued at approximately $352,260.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Anthony Geisler sold 66,200 shares of the stock in a transaction on Friday, March 31st. The stock was sold at an average price of $30.26, for a total value of $2,003,212.00. Following the transaction, the chief executive officer now directly owns 873,969 shares in the company, valued at approximately $26,446,301.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Ryan Junk sold 26,000 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $28.26, for a total value of $734,760.00. Following the completion of the transaction, the chief operating officer now owns 12,465 shares in the company, valued at $352,260.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 525,419 shares of company stock worth $16,447,906. Corporate insiders own 47.86% of the company’s stock.

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock traded up $0.79 on Friday, reaching $25.55. 35,809 shares of the company’s stock were exchanged, compared to its average volume of 544,286. The company has a market capitalization of $1.27 billion, a P/E ratio of -6.99, a price-to-earnings-growth ratio of 2.15 and a beta of 1.46. Xponential Fitness, Inc. has a 52 week low of $11.20 and a 52 week high of $33.58. The firm’s 50-day moving average is $29.94 and its two-hundred day moving average is $26.13.

Xponential Fitness (NYSE:XPOF – Get Rating) last posted its quarterly earnings results on Thursday, March 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.08. The firm had revenue of $71.27 million for the quarter, compared to analysts’ expectations of $67.22 million. Xponential Fitness had a negative return on equity of 16.57% and a negative net margin of 0.20%. On average, analysts expect that Xponential Fitness, Inc. will post 0.48 EPS for the current fiscal year.

About Xponential Fitness

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Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.