Dynamic Technology Lab Private Ltd Buys New Shares in Xponential Fitness, Inc. (NYSE:XPOF)

Dynamic Technology Lab Private Ltd bought a new position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 56,588 shares of the company's stock, valued at approximately $702,000. Dynamic Technology Lab Private Ltd owned about 0.12% of Xponential Fitness at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. JCP Investment Management LLC bought a new position in Xponential Fitness in the second quarter valued at about $3,915,000. Mutual of America Capital Management LLC bought a new position in shares of Xponential Fitness in the 3rd quarter valued at about $1,015,000. Squarepoint Ops LLC bought a new position in shares of Xponential Fitness in the 2nd quarter valued at about $1,076,000. AQR Capital Management LLC grew 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 during the period. Finally, Hiddenite Capital Partners LP bought a new stake in shares of Xponential Fitness during the second quarter worth approximately $2,730,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Performance

NYSE XPOF traded up $0.03 during trading hours on Friday, reaching $15.24. 136,647 shares of the company's stock were exchanged, compared to its average volume of 670,777. The company has a market capitalization of $736.09 million, a price-to-earnings ratio of -13.14 and a beta of 1.18. The company's 50-day moving average is $13.30 and its two-hundred day moving average is $13.52. Xponential Fitness, Inc. has a one year low of $7.40 and a one year high of $18.95.

Insider Activity

In other Xponential Fitness news, President Sarah Luna sold 14,400 shares of the company's stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction 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. This represents a 4.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Grabowski sold 2,595,598 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the transaction, the director now directly owns 30,546 shares of the company's stock, valued at $468,881.10. This represents a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,636,738 shares of company stock worth $40,367,563 over the last quarter. 47.83% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on XPOF. B. Riley raised their price objective on shares of Xponential Fitness from $9.00 to $12.00 and gave the company a "neutral" rating in a research note on Monday, August 5th. Piper Sandler decreased their price objective on Xponential Fitness from $13.00 to $12.00 and set a "neutral" rating for the company in a research note on Friday, November 8th. Roth Mkm dropped their price objective on Xponential Fitness from $22.00 to $19.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Robert W. Baird reduced 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. Finally, Raymond James decreased their target price on Xponential Fitness from $30.00 to $20.00 and set a "strong-buy" rating for the company in a research report on Friday, August 2nd. Four 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, Xponential Fitness currently has an average rating of "Moderate Buy" and a consensus price target of $17.17.

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.