Xponential Fitness, Inc. (NYSE:XPOF – Get Rating) EVP Megan Moen sold 4,633 shares of the firm’s stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $22.17, for a total transaction of $102,713.61. Following the transaction, the executive vice president now directly owns 36,659 shares of the company’s stock, valued at $812,730.03. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Megan Moen also recently made the following trade(s):
- On Monday, November 14th, Megan Moen sold 6,015 shares of Xponential Fitness stock. The stock was sold at an average price of $21.75, for a total transaction of $130,826.25.
- On Friday, November 11th, Megan Moen sold 5,285 shares of Xponential Fitness stock. The shares were sold at an average price of $21.29, for a total transaction of $112,517.65.
- On Tuesday, October 4th, Megan Moen sold 10,000 shares of Xponential Fitness stock. The shares were sold at an average price of $20.09, for a total transaction of $200,900.00.
Xponential Fitness Stock Performance
Shares of XPOF stock traded up $0.17 on Monday, hitting $21.64. 162,619 shares of the stock traded hands, compared to its average volume of 253,180. The firm’s 50-day moving average price is $19.32 and its two-hundred day moving average price is $17.09. The stock has a market capitalization of $1.06 billion, a PE ratio of -4.30, a PEG ratio of 9.04 and a beta of 1.36. Xponential Fitness, Inc. has a twelve month low of $11.20 and a twelve month high of $26.90.
Wall Street Analysts Forecast Growth
A number of equity research analysts recently issued reports on the stock. Guggenheim lifted their price target on shares of Xponential Fitness to $26.00 in a research note on Wednesday, November 16th. Morgan Stanley lifted their price target on shares of Xponential Fitness from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Friday, November 11th. Piper Sandler lifted their price target on shares of Xponential Fitness from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Friday, November 11th. Raymond James lifted their target price on shares of Xponential Fitness from $29.00 to $30.00 and gave the stock a “strong-buy” rating in a research note on Friday, November 11th. Finally, Robert W. Baird lifted their target price on shares of Xponential Fitness from $26.00 to $30.00 in a research note on Friday. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Xponential Fitness has an average rating of “Buy” and a consensus target price of $30.29.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of XPOF. Amalgamated Bank purchased a new stake in Xponential Fitness during the first quarter worth about $32,000. Macquarie Group Ltd. increased its stake in Xponential Fitness by 133.2% during the second quarter. Macquarie Group Ltd. now owns 2,696 shares of the company’s stock worth $34,000 after purchasing an additional 1,540 shares during the period. Point72 Hong Kong Ltd purchased a new stake in Xponential Fitness during the second quarter worth about $34,000. Hillsdale Investment Management Inc. purchased a new stake in Xponential Fitness during the third quarter worth about $82,000. Finally, American International Group Inc. increased its stake in Xponential Fitness by 29.8% during the second quarter. American International Group Inc. now owns 7,939 shares of the company’s stock worth $100,000 after purchasing an additional 1,824 shares during the period. Institutional investors and hedge funds own 66.57% of the company’s stock.
About Xponential Fitness
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, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT , Stride, and BFT brands.
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