Mutual of America Capital Management LLC Invests $1.02 Million in Xponential Fitness, Inc. (NYSE:XPOF)

Mutual of America Capital Management LLC purchased a new stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 81,816 shares of the company's stock, valued at approximately $1,015,000. Mutual of America Capital Management LLC owned about 0.17% of Xponential Fitness as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Nut Tree Capital Management LP raised its stake in Xponential Fitness by 74.3% during the first quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company's stock worth $4,135,000 after purchasing an additional 106,587 shares during the period. Dnca Finance acquired a new stake in shares of Xponential Fitness during the 2nd quarter worth approximately $107,000. Bank of New York Mellon Corp raised its position in shares of Xponential Fitness by 12.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 82,419 shares of the company's stock valued at $1,286,000 after buying an additional 9,079 shares during the period. Principal Financial Group Inc. lifted its holdings in Xponential Fitness by 13.1% in the second quarter. Principal Financial Group Inc. now owns 19,021 shares of the company's stock valued at $297,000 after acquiring an additional 2,203 shares during the last quarter. Finally, nVerses Capital LLC purchased a new position in Xponential Fitness in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 58.55% of the company's stock.

Wall Street Analysts Forecast Growth

XPOF has been the topic of several recent analyst reports. Roth Mkm decreased their price target on Xponential Fitness from $22.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, August 2nd. Piper Sandler lowered their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a "neutral" rating for the company in a research note on Friday, November 8th. B. Riley lifted their price target on shares of Xponential Fitness from $9.00 to $12.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. Stifel Nicolaus upped 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 Monday, November 11th. Finally, Robert W. Baird dropped their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $17.17.

Insider Activity

In other news, President Sarah Luna sold 14,400 shares of the firm's stock in a transaction 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 approximately $4,020,613.45. This trade represents a 4.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrew Hagopian sold 26,740 shares of the company's stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total value of $325,693.20. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,636,738 shares of company stock worth $40,367,563. Corporate insiders own 47.83% of the company's stock.

Xponential Fitness Stock Performance

XPOF stock traded down $0.21 during midday trading on Tuesday, hitting $15.49. The company's stock had a trading volume of 486,344 shares, compared to its average volume of 673,312. The firm has a 50-day simple moving average of $13.18 and a 200-day simple moving average of $13.44. Xponential Fitness, Inc. has a 52-week low of $7.40 and a 52-week high of $18.95.

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.