Xponential Fitness, Inc. (NYSE:XPOF) Director Mark Grabowski Sells 2,595,598 Shares of Stock

Xponential Fitness, Inc. (NYSE:XPOF) Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction dated 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Xponential Fitness Price Performance

Xponential Fitness stock opened at $14.95 on Friday. Xponential Fitness, Inc. has a 12 month low of $7.40 and a 12 month high of $18.95. The business’s fifty day simple moving average is $13.14 and its two-hundred day simple moving average is $13.40.

Institutional Investors Weigh In On Xponential Fitness

A number of institutional investors have recently made changes to their positions in XPOF. JCP Investment Management LLC bought a new position in Xponential Fitness during the 2nd quarter valued at about $3,915,000. Squarepoint Ops LLC purchased a new position in Xponential Fitness during the second quarter valued at $1,076,000. AQR Capital Management LLC grew its holdings in Xponential Fitness by 684.4% during the second quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock valued at $1,715,000 after purchasing an additional 95,945 shares during the period. Hiddenite Capital Partners LP purchased a new stake in Xponential Fitness in the second quarter worth about $2,730,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Xponential Fitness by 12.4% in the second quarter. Bank of New York Mellon Corp now owns 82,419 shares of the company’s stock worth $1,286,000 after buying an additional 9,079 shares during the period. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on XPOF shares. Robert W. Baird cut their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. B. Riley upped their price target on Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Roth Mkm cut their price objective on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Piper Sandler decreased their price objective on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Finally, Stifel Nicolaus lifted their target price on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.17.

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.