Xponential Fitness (NYSE:XPOF) Given New $20.00 Price Target at Stifel Nicolaus

Xponential Fitness (NYSE:XPOF) had its price objective hoisted by Stifel Nicolaus from $18.00 to $20.00 in a report released on Monday morning,Benzinga reports. The firm currently has a buy rating on the stock.

XPOF has been the subject of a number of other research reports. B. Riley increased their target price on shares of Xponential Fitness from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Roth Mkm reduced their target price on shares of Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Piper Sandler lowered their price target on Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Robert W. Baird reduced their price objective on Xponential Fitness from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Finally, Raymond James lowered their target price on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating for the company in a research note on Friday, August 2nd. 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $17.17.

Xponential Fitness Trading Down 2.9 %

XPOF stock opened at $15.05 on Monday. The company has a market cap of $724.96 million, a PE ratio of -12.97 and a beta of 1.18. The stock has a 50-day moving average price of $12.90 and a two-hundred day moving average price of $13.29. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $18.95.

Insiders Place Their Bets

In other news, President Sarah Luna sold 14,400 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $13.85, for a total value of $199,440.00. Following the completion of the sale, the president now owns 290,297 shares of the company’s stock, valued at approximately $4,020,613.45. The trade was a 4.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Andrew Hagopian sold 26,740 shares of the stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the transaction, the insider now directly owns 255,764 shares in the company, valued at $3,115,205.52. The trade was a 9.47 % decrease in their position. The disclosure for this sale can be found here. 47.83% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Wasatch Advisors LP increased its holdings in shares of Xponential Fitness by 96.2% in the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after acquiring an additional 565,451 shares during the last quarter. Verition Fund Management LLC increased its stake in Xponential Fitness by 276.5% during the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock valued at $8,590,000 after purchasing an additional 508,715 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Xponential Fitness during the third quarter worth $3,171,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Xponential Fitness in the 3rd quarter worth about $702,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after buying an additional 2,670 shares during the last quarter. Institutional investors own 58.55% of the company’s stock.

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.