Xponential Fitness, Inc. (NYSE:XPOF) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. lessened its position in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 15.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,300,000 shares of the company’s stock after selling 235,000 shares during the period. Federated Hermes Inc. owned about 2.74% of Xponential Fitness worth $16,757,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in XPOF. Vontobel Holding Ltd. boosted its holdings in shares of Xponential Fitness by 2.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 74,745 shares of the company’s stock valued at $1,159,000 after buying an additional 1,781 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Xponential Fitness by 15.5% in the third quarter. Harbor Capital Advisors Inc. now owns 11,916 shares of the company’s stock valued at $185,000 after acquiring an additional 1,602 shares during the period. Raymond James & Associates grew its holdings in shares of Xponential Fitness by 88.3% during the third quarter. Raymond James & Associates now owns 46,565 shares of the company’s stock valued at $722,000 after purchasing an additional 21,836 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Xponential Fitness by 11.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 94,922 shares of the company’s stock worth $1,471,000 after purchasing an additional 10,039 shares during the last quarter. Finally, Chicago Capital LLC boosted its position in Xponential Fitness by 80.3% during the 3rd quarter. Chicago Capital LLC now owns 21,443 shares of the company’s stock valued at $332,000 after purchasing an additional 9,550 shares during the period. Institutional investors and hedge funds own 58.55% of the company’s stock.

Insiders Place Their Bets

In other news, insider Andrew Hagopian sold 5,260 shares of Xponential Fitness stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total value of $52,915.60. Following the transaction, the insider now owns 228,390 shares of the company’s stock, valued at approximately $2,297,603.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Xponential Fitness news, CEO Anthony Geisler sold 17,901 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $9.93, for a total transaction of $177,756.93. Following the completion of the sale, the chief executive officer now directly owns 394,011 shares of the company’s stock, valued at $3,912,529.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Andrew Hagopian sold 5,260 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.06, for a total transaction of $52,915.60. Following the sale, the insider now owns 228,390 shares in the company, valued at approximately $2,297,603.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,632 shares of company stock worth $356,848. 47.86% of the stock is owned by corporate insiders.

Xponential Fitness Trading Down 3.3 %

Xponential Fitness stock opened at $12.72 on Tuesday. Xponential Fitness, Inc. has a 12-month low of $8.30 and a 12-month high of $33.58. The firm has a 50 day simple moving average of $13.47 and a 200-day simple moving average of $13.03.

Xponential Fitness (NYSE:XPOF) last released its earnings results on Thursday, February 29th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Xponential Fitness had a negative return on equity of 16.60% and a negative net margin of 0.28%. The firm had revenue of $90.20 million during the quarter, compared to analyst estimates of $81.71 million. During the same quarter last year, the company earned $0.11 earnings per share. The business’s revenue for the quarter was up 26.6% on a year-over-year basis. As a group, equities analysts predict that Xponential Fitness, Inc. will post 1.11 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on XPOF shares. Bank of America increased their target price on Xponential Fitness from $13.00 to $15.50 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th. Piper Sandler reiterated a “neutral” rating and issued a $13.00 price objective (down from $21.00) on shares of Xponential Fitness in a research report on Wednesday, January 3rd. Robert W. Baird decreased their target price on shares of Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, March 1st. Stifel Nicolaus restated a “buy” rating and issued a $20.00 price target on shares of Xponential Fitness in a research note on Friday, April 12th. Finally, Citigroup reduced their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, March 4th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $23.06.

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.