Charles Schwab Investment Management Inc. Acquires 2,670 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Charles Schwab Investment Management Inc. grew its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 1.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,380 shares of the company’s stock after purchasing an additional 2,670 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.41% of Xponential Fitness worth $2,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JCP Investment Management LLC bought a new stake in shares of Xponential Fitness in the 2nd quarter worth approximately $3,915,000. Mutual of America Capital Management LLC bought a new stake in shares of Xponential Fitness in the 3rd quarter worth approximately $1,015,000. Squarepoint Ops LLC bought a new stake in shares of Xponential Fitness in the 2nd quarter worth approximately $1,076,000. AQR Capital Management LLC lifted its holdings in shares of Xponential Fitness by 684.4% in the 2nd quarter. AQR Capital Management LLC now owns 109,963 shares of the company’s stock worth $1,715,000 after acquiring an additional 95,945 shares during the last quarter. Finally, Hiddenite Capital Partners LP bought a new stake in shares of Xponential Fitness in the 2nd quarter worth approximately $2,730,000. Institutional investors own 58.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XPOF shares. Stifel Nicolaus boosted their price objective on shares of Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Piper Sandler decreased their target price on shares of Xponential Fitness from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.17.

Xponential Fitness Stock Up 7.7 %

Shares of NYSE:XPOF opened at $15.13 on Monday. The firm’s 50 day moving average price is $13.91 and its 200-day moving average price is $14.05. Xponential Fitness, Inc. has a twelve month low of $7.40 and a twelve month high of $18.95. The stock has a market capitalization of $730.78 million, a PE ratio of -13.04 and a beta of 1.26.

Insider Buying and Selling at Xponential Fitness

In other news, insider Andrew Hagopian sold 26,740 shares of the stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $12.18, for a total transaction of $325,693.20. Following the completion of the transaction, the insider now directly owns 255,764 shares in the company, valued at approximately $3,115,205.52. This represents a 9.47 % decrease in their position. The transaction 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 firm’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 completion of the sale, the director now owns 30,546 shares of the company’s stock, valued at approximately $468,881.10. This represents a 98.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 47.83% 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.