Los Angeles Capital Management LLC Sells 107,526 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Los Angeles Capital Management LLC trimmed its position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 55.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,062 shares of the company's stock after selling 107,526 shares during the quarter. Los Angeles Capital Management LLC owned 0.18% of Xponential Fitness worth $1,092,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. nVerses Capital LLC acquired a new stake in Xponential Fitness during the second quarter valued at approximately $34,000. Quarry LP grew its position in Xponential Fitness by 80.4% in the second 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. Canada Pension Plan Investment Board acquired a new position in Xponential Fitness during the second quarter worth $72,000. Dnca Finance bought a new position in shares of Xponential Fitness during the second quarter valued at $107,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Xponential Fitness in the 3rd quarter valued at $107,000. 58.55% of the stock is owned by institutional investors.

Insider Buying and Selling at Xponential Fitness

In other news, President Sarah Luna sold 14,400 shares of Xponential Fitness 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 sale, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. This trade represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction, the insider now owns 255,764 shares of the company's stock, 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. Company insiders own 47.83% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Raymond James cut their target price 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. Roth Mkm reduced 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 note on Friday, August 2nd. Robert W. Baird decreased their target price on Xponential Fitness from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Friday, August 2nd. Stifel Nicolaus boosted their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a "buy" rating in a report on Monday. Finally, B. Riley increased their target price on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, August 5th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Xponential Fitness presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.17.

Xponential Fitness Stock Down 0.6 %

XPOF traded down $0.09 during trading on Friday, hitting $14.96. The company had a trading volume of 248,228 shares, compared to its average volume of 668,480. The company has a market capitalization of $720.70 million, a PE ratio of -12.83 and a beta of 1.18. Xponential Fitness, Inc. has a one year low of $7.40 and a one year high of $18.95. The firm's 50-day moving average price is $12.95 and its 200 day moving average price is $13.30.

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.