Barclays PLC Acquires 31,127 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Barclays PLC raised its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 366.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,621 shares of the company's stock after acquiring an additional 31,127 shares during the period. Barclays PLC owned about 0.08% of Xponential Fitness worth $491,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Wasatch Advisors LP increased its stake in Xponential Fitness by 96.2% in the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company's stock worth $14,297,000 after purchasing an additional 565,451 shares during the period. Verition Fund Management LLC increased its stake in shares of Xponential Fitness by 276.5% in the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company's stock worth $8,590,000 after buying an additional 508,715 shares during the period. Rockefeller Capital Management L.P. bought a new stake in Xponential Fitness during the 3rd quarter valued at $3,171,000. JCP Investment Management LLC purchased a new stake in Xponential Fitness during the 2nd quarter valued at $3,915,000. Finally, AQR Capital Management LLC grew its holdings in Xponential Fitness by 684.4% in the 2nd quarter. AQR Capital Management LLC now owns 109,963 shares of the company's stock worth $1,715,000 after acquiring an additional 95,945 shares during the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on XPOF shares. Piper Sandler upped their price objective on shares of Xponential Fitness from $12.00 to $16.00 and gave the company a "neutral" rating in a research note on Monday, January 6th. Stifel Nicolaus upped their price target on Xponential Fitness from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Four 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $17.61.

Xponential Fitness Trading Down 2.2 %

Xponential Fitness stock traded down $0.35 during trading hours on Friday, hitting $15.65. 244,351 shares of the stock traded hands, compared to its average volume of 344,052. 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 $14.78 and its two-hundred day moving average price is $14.27. The company has a market cap of $755.89 million, a PE ratio of -13.49 and a beta of 1.30.

Insider Activity at Xponential Fitness

In related news, Director Mark Grabowski sold 2,595,598 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $15.35, for a total value of $39,842,429.30. Following the completion of the transaction, the director now directly owns 30,546 shares in the company, valued at $468,881.10. This trade represents a 98.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 47.83% of the stock is currently owned by corporate insiders.

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.