UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 4,057 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in Xponential Fitness, Inc. (NYSE:XPOF) by 13.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,612 shares of the company’s stock after selling 4,057 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.05% of Xponential Fitness worth $318,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quarry LP lifted its position in Xponential Fitness by 80.4% during the 2nd quarter. Quarry LP now owns 3,692 shares of the company’s stock worth $58,000 after buying an additional 1,646 shares in the last quarter. nVerses Capital LLC bought a new stake in Xponential Fitness during the second quarter worth about $34,000. Principal Financial Group Inc. raised its holdings in Xponential Fitness by 13.1% during the second quarter. Principal Financial Group Inc. now owns 19,021 shares of the company’s stock worth $297,000 after acquiring an additional 2,203 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Xponential Fitness by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock valued at $2,423,000 after purchasing an additional 2,670 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in Xponential Fitness in the second quarter valued at approximately $72,000. 58.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Piper Sandler cut their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Stifel Nicolaus upped their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, November 11th. Four equities research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.17.

Xponential Fitness Stock Up 0.3 %

Shares of XPOF stock opened at $13.83 on Friday. The firm has a market capitalization of $668.03 million, a P/E ratio of -11.92 and a beta of 1.26. Xponential Fitness, Inc. has a twelve month low of $7.40 and a twelve month high of $18.95. The stock’s fifty day simple moving average is $14.13 and its 200 day simple moving average is $14.17.

Insider Activity at Xponential Fitness

In related news, insider Andrew Hagopian sold 26,740 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $12.18, for a total value of $325,693.20. Following the transaction, the insider now owns 255,764 shares of the company’s stock, valued at approximately $3,115,205.52. This trade represents a 9.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Grabowski sold 2,595,598 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $15.35, for a total value of $39,842,429.30. Following the sale, the director now owns 30,546 shares of the company’s stock, valued at $468,881.10. This trade represents a 98.84 % decrease in their position. The disclosure for this sale can be found here. 47.83% of the stock is owned by corporate insiders.

Xponential Fitness Company Profile

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.