Rockefeller Capital Management L.P. Acquires New Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Rockefeller Capital Management L.P. acquired a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 255,740 shares of the company's stock, valued at approximately $3,171,000. Rockefeller Capital Management L.P. owned approximately 0.53% of Xponential Fitness at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. nVerses Capital LLC acquired a new stake in shares of Xponential Fitness in the 2nd quarter valued at about $34,000. Quarry LP lifted its stake 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 buying an additional 1,646 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Xponential Fitness in the second quarter valued at approximately $72,000. Dnca Finance purchased a new position in shares of Xponential Fitness during the second quarter worth approximately $107,000. Finally, SG Americas Securities LLC acquired a new position in shares of Xponential Fitness in the 3rd quarter valued at $107,000. Hedge funds and other institutional investors own 58.55% of the company's stock.

Xponential Fitness Trading Up 4.0 %

Shares of NYSE:XPOF traded up $0.61 during midday trading on Friday, hitting $15.86. The stock had a trading volume of 528,307 shares, compared to its average volume of 664,125. Xponential Fitness, Inc. has a 1 year low of $7.40 and a 1 year high of $18.95. The stock has a 50 day moving average price of $13.60 and a two-hundred day moving average price of $13.74. The company has a market capitalization of $766.04 million, a PE ratio of -13.16 and a beta of 1.26.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on XPOF. Piper Sandler decreased their price target 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. Stifel Nicolaus upped their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a "buy" rating in a report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $17.17.

Insiders Place Their Bets

In other Xponential Fitness news, President Sarah Luna sold 14,400 shares of the company's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $13.85, for a total transaction of $199,440.00. Following the transaction, the president now directly owns 290,297 shares in the company, valued at approximately $4,020,613.45. This represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark Grabowski sold 2,595,598 shares of Xponential Fitness stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $15.35, for a total transaction of $39,842,429.30. Following the sale, the director now owns 30,546 shares of the company's stock, valued at approximately $468,881.10. The trade was a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,636,738 shares of company stock worth $40,367,563. Company insiders own 47.83% of the company's stock.

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.