Vontobel Holding Ltd. reduced its holdings in Xponential Fitness, Inc. (NYSE:XPOF – Get Rating ) by 28.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 42,764 shares of the company’s stock after selling 17,100 shares during the quarter. Vontobel Holding Ltd. owned about 0.09% of Xponential Fitness worth $765,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Amalgamated Bank bought a new stake in Xponential Fitness in the first quarter worth about $32,000. Macquarie Group Ltd. boosted its holdings in Xponential Fitness by 133.2% in the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock valued at $34,000 after buying an additional 1,540 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Xponential Fitness in the second quarter worth about $34,000. American International Group Inc. boosted its holdings in Xponential Fitness by 23.9% in the first quarter. American International Group Inc. now owns 6,115 shares of the company’s stock valued at $143,000 after buying an additional 1,181 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Xponential Fitness in the first quarter worth about $187,000. 28.77% of the stock is currently owned by institutional investors.
Xponential Fitness stock down 2.1%
Shares of XPOF stock opened at $26.58 on Tuesday. Xponential Fitness, Inc. has a twelve month low of $11.20 and a twelve month high of $27.88. The business’s 50-day moving average is $23.24 and its 200-day moving average is $20.03.
Xponential Fitness (NYSE:XPOF – Get Rating ) last posted its quarterly earnings data on Thursday, November 10th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). Xponential Fitness had a negative net margin of 5.65% and a negative return on equity of 28.11%. The company had revenue of $63.76 million for the quarter, compared to analysts’ expectations of $55.15 million. On average, analysts expect Xponential Fitness, Inc. to post 0.06 EPS for the current fiscal year.
In related news, EVP Megan Moen sold 6,015 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $21.75, for a total value of $130,826.25. Following the transaction, the executive vice president now directly owns 47,859 shares of the company’s stock, valued at approximately $1,040,933.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC’s website. Insiders have sold a total of 15,933 shares of company stock valued at $346,058 over the last ninety days. Corporate insiders own 69.33% of the company’s shares.
Promote and demote an analyst
Several equities analysts recently commented on the company. Raymond James boosted their price objective on Xponential Fitness from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a report on Friday, November 11th. B. Riley upped their target price on Xponential Fitness from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, January 13th. Morgan Stanley upped their target price on Xponential Fitness from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Friday, November 11th. Robert W. Baird boosted their target price on Xponential Fitness from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday, January 10th. Finally, Citigroup began coverage on Xponential Fitness in a research note on Tuesday, December 6th. They set a “buy” rating and a $29.00 target price for the company. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Xponential Fitness presently has a consensus rating of “Buy” and a consensus target price of $30.63, according to MarketBeat.com.
Xponential Fitness Company Profile
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services including Pilates, barre, cycling, stretching, rowing, yoga, boxing, dance, running and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT brands , Stride and BFT.
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