68,946 Shares in Xponential Fitness, Inc. (NYSE:XPOF) Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC bought a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 68,946 shares of the company's stock, valued at approximately $1,076,000. Squarepoint Ops LLC owned about 0.14% of Xponential Fitness at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of XPOF. Nut Tree Capital Management LP purchased a new position in shares of Xponential Fitness during the fourth quarter worth about $1,849,000. Principal Financial Group Inc. purchased a new position in shares of Xponential Fitness in the 1st quarter valued at approximately $278,000. Oak Ridge Investments LLC increased its holdings in shares of Xponential Fitness by 9.9% in the first quarter. Oak Ridge Investments LLC now owns 194,109 shares of the company's stock valued at $3,211,000 after purchasing an additional 17,411 shares during the period. Kent Lake Capital LLC raised its stake in shares of Xponential Fitness by 276.0% during the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company's stock worth $14,596,000 after purchasing an additional 647,743 shares during the last quarter. Finally, Dnca Finance purchased a new stake in shares of Xponential Fitness during the second quarter worth approximately $107,000. 58.55% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Xponential Fitness

In related 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 value of $199,440.00. Following the sale, the president now owns 290,297 shares of the company's stock, valued at approximately $4,020,613.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 47.83% of the company's stock.

Analyst Upgrades and Downgrades

XPOF has been the topic of several recent research reports. B. Riley boosted 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 reiterated a "neutral" rating and set a $13.00 price target (down from $14.00) on shares of Xponential Fitness in a research note on Friday, August 2nd. Roth Capital upgraded shares of Xponential Fitness to a "strong-buy" rating in a research report on Monday, June 17th. Robert W. Baird dropped their target price on Xponential Fitness from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Friday, August 2nd. Finally, Guggenheim increased their target price on Xponential Fitness from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, June 18th. Four analysts have rated the stock with a hold rating, four have issued 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 an average rating of "Moderate Buy" and an average target price of $17.28.

Xponential Fitness Stock Down 0.5 %

NYSE XPOF traded down $0.06 during mid-day trading on Monday, hitting $12.70. The stock had a trading volume of 199,366 shares, compared to its average volume of 703,542. The company has a 50 day simple moving average of $13.57 and a 200 day simple moving average of $13.59. The company has a market cap of $610.51 million, a price-to-earnings ratio of -22.28 and a beta of 1.18. Xponential Fitness, Inc. has a 52-week low of $7.40 and a 52-week high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.22). The firm had revenue of $76.50 million for the quarter, compared to analyst estimates of $83.63 million. Xponential Fitness had a negative return on equity of 9.35% and a negative net margin of 6.51%. The company's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS. As a group, equities analysts anticipate that Xponential Fitness, Inc. will post 0.79 earnings per share for the current fiscal year.

Xponential Fitness Profile

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.