Deutsche Bank AG Trims Stake in Xponential Fitness, Inc. $XPOF

Key Points

• Deutsche Bank AG reduced its holdings in Xponential Fitness, Inc. by 18.7%, now owning approximately 0.48% of the company, valued at $1.95 million.
• Analysts have mixed ratings for Xponential Fitness, with price targets ranging from $13.00 to $14.00, but the consensus rating remains a "Moderate Buy."
• In a recent insider activity, Director Bruce N. Haase purchased 70,000 shares at $7.67 per share, significantly increasing his stake in the company by nearly 270%.

Deutsche Bank AG cut its stake in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 18.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 234,111 shares of the company's stock after selling 53,781 shares during the quarter. Deutsche Bank AG owned approximately 0.48% of Xponential Fitness worth $1,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of XPOF. JPMorgan Chase & Co. lifted its position in shares of Xponential Fitness by 380.9% during the fourth quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company's stock valued at $767,000 after buying an additional 45,173 shares during the last quarter. Geode Capital Management LLC boosted its position in Xponential Fitness by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock valued at $7,263,000 after buying an additional 1,468 shares during the last quarter. Wells Fargo & Company MN boosted its position in Xponential Fitness by 35.1% in the fourth quarter. Wells Fargo & Company MN now owns 14,860 shares of the company's stock valued at $200,000 after buying an additional 3,860 shares during the last quarter. Renaissance Technologies LLC boosted its position in Xponential Fitness by 135.3% in the 4th quarter. Renaissance Technologies LLC now owns 174,100 shares of the company's stock worth $2,342,000 after purchasing an additional 100,100 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Xponential Fitness during the 4th quarter valued at approximately $215,000. 58.55% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Xponential Fitness news, Director Bruce N. Haase bought 70,000 shares of Xponential Fitness stock in a transaction on Tuesday, August 12th. The shares were bought at an average price of $7.67 per share, for a total transaction of $536,900.00. Following the completion of the transaction, the director directly owned 95,937 shares of the company's stock, valued at $735,836.79. This trade represents a 269.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 47.83% of the stock is owned by corporate insiders.

Xponential Fitness Trading Down 3.0%

NYSE XPOF traded down $0.2650 on Monday, reaching $8.5350. 623,053 shares of the company were exchanged, compared to its average volume of 732,776. The business's fifty day moving average price is $9.28 and its 200 day moving average price is $9.80. The stock has a market capitalization of $416.76 million, a P/E ratio of -4.85 and a beta of 1.50. Xponential Fitness, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $18.87.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.07. The company had revenue of $76.21 million for the quarter, compared to analyst estimates of $77.23 million. The business's quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm posted ($0.29) EPS. Xponential Fitness has set its FY 2025 guidance at EPS. Equities research analysts forecast that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Raymond James Financial reduced their target price on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating for the company in a research note on Friday, August 8th. Guggenheim reaffirmed a "buy" rating and set a $13.00 target price on shares of Xponential Fitness in a research note on Monday, May 12th. Finally, Wall Street Zen raised Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $12.93.

Xponential Fitness 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.