Dimensional Fund Advisors LP Purchases 9,827 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Dimensional Fund Advisors LP grew its holdings in Xponential Fitness, Inc. (NYSE:XPOF) by 63.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,397 shares of the company’s stock after acquiring an additional 9,827 shares during the period. Dimensional Fund Advisors LP owned 0.05% of Xponential Fitness worth $396,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kent Lake Capital LLC raised its stake in shares of Xponential Fitness by 276.0% in the first quarter. Kent Lake Capital LLC now owns 882,443 shares of the company’s stock valued at $14,596,000 after acquiring an additional 647,743 shares during the period. Nut Tree Capital Management LP increased its position in Xponential Fitness by 74.3% during the 1st quarter. Nut Tree Capital Management LP now owns 250,000 shares of the company’s stock valued at $4,135,000 after purchasing an additional 106,587 shares during the period. Oak Ridge Investments LLC boosted its holdings in shares of Xponential Fitness by 9.9% in the 1st quarter. Oak Ridge Investments LLC now owns 194,109 shares of the company’s stock valued at $3,211,000 after buying an additional 17,411 shares in the last quarter. Hiddenite Capital Partners LP bought a new stake in shares of Xponential Fitness in the 2nd quarter valued at about $2,730,000. Finally, Bank of New York Mellon Corp boosted its stake in Xponential Fitness by 12.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 82,419 shares of the company’s stock worth $1,286,000 after purchasing an additional 9,079 shares in the last quarter. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

XPOF opened at $12.05 on Tuesday. The business’s 50-day simple moving average is $13.11 and its 200-day simple moving average is $13.45. Xponential Fitness, Inc. has a one year low of $7.40 and a one year high of $18.95. The stock has a market capitalization of $579.27 million, a P/E ratio of -21.14 and a beta of 1.18.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). Xponential Fitness had a negative return on equity of 9.35% and a negative net margin of 6.51%. The company had revenue of $76.50 million for the quarter, compared to analysts’ expectations of $83.63 million. During the same period in the prior year, the business earned $0.07 EPS. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. On average, equities research analysts forecast that Xponential Fitness, Inc. will post 0.79 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $13.00 price objective (down from $14.00) on shares of Xponential Fitness in a report on Friday, August 2nd. Roth Capital raised Xponential Fitness to a “strong-buy” rating in a report on Monday, June 17th. B. Riley upped their price target on Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Guggenheim upped their price target on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, June 18th. Finally, Roth Mkm lowered their price objective on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $17.28.

Insider Buying and Selling at Xponential Fitness

In related news, President Sarah Luna sold 14,400 shares of Xponential Fitness stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction of $199,440.00. Following the completion of the transaction, the president now directly owns 290,297 shares in the company, valued at $4,020,613.45. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.