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New York State Common Retirement Fund Sells 62,728 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

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New York State Common Retirement Fund Sells 62,728 Shares of Xponential Fitness, Inc. (NYSE:XPOF)


New York State Common Retirement Fund decreased its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOFFree Report) by 87.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,716 shares of the company’s stock after selling 62,728 shares during the period. New York State Common Retirement Fund’s holdings in Xponential Fitness were worth $112,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Voss Capital LLC purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at $29,776,000. MSD Partners L.P. raised its position in Xponential Fitness by 116.2% during the third quarter. MSD Partners L.P. now owns 1,761,319 shares of the company’s stock valued at $27,300,000 after purchasing an additional 946,757 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Xponential Fitness during the third quarter worth about $10,415,000. Eagle Asset Management Inc. boosted its holdings in shares of Xponential Fitness by 22.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,372,839 shares of the company’s stock worth $21,279,000 after purchasing an additional 247,115 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Xponential Fitness during the 3rd quarter valued at about $2,750,000. Institutional investors own 58.55% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. B. Riley boosted their price target on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Bank of America raised their price target on Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. Piper Sandler reduced their price objective on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Monday, May 13th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.00 target price on shares of Xponential Fitness in a research report on Friday, April 12th. Finally, Robert W. Baird cut their target price on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, March 1st. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Read Our Latest Stock Analysis on XPOF

Xponential Fitness Price Performance

NYSE:XPOF opened at $8.80 on Friday. Xponential Fitness, Inc. has a 1-year low of $7.40 and a 1-year high of $29.16. The firm’s 50-day moving average price is $13.53 and its 200-day moving average price is $12.63. The company has a market capitalization of $423.02 million, a PE ratio of -15.44 and a beta of 1.20.

Xponential Fitness (NYSE:XPOFGet Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a net margin of 1.90% and a negative return on equity of 7.65%. Xponential Fitness’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.02) earnings per share. Equities analysts anticipate that Xponential Fitness, Inc. will post 0.75 EPS for the current fiscal year.

Insider Buying and Selling

In other Xponential Fitness news, CEO Anthony Geisler sold 17,901 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total transaction of $177,756.93. Following the sale, the chief executive officer now directly owns 394,011 shares in the company, valued at approximately $3,912,529.23. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, President Sarah Luna sold 5,399 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.01, for a total transaction of $54,043.99. Following the completion of the transaction, the president now directly owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Anthony Geisler sold 17,901 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total transaction of $177,756.93. Following the completion of the sale, the chief executive officer now owns 394,011 shares in the company, valued at approximately $3,912,529.23. The disclosure for this sale can be found here. Insiders sold a total of 34,720 shares of company stock worth $346,871 in the last three months. Insiders own 47.83% of the company’s stock.

About Xponential Fitness

(Free Report)

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.

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Institutional Ownership by Quarter for Xponential Fitness (NYSE:XPOF)



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