90,000 Shares in Xponential Fitness, Inc. $XPOF Bought by K2 Principal Fund L.P.

Key Points

• K2 Principal Fund L.P. has acquired a new position in Xponential Fitness, Inc. by purchasing 90,000 shares valued at approximately $750,000, representing about 0.19% of the company.
• Insider transactions were notable, with Director Bruce N. Haase buying 70,000 shares at an average price of $7.67, increasing his stake significantly by 269.88%.
• Wall Street analysts have shown a positive outlook for Xponential Fitness, issuing an average rating of "Moderate Buy" and a consensus target price of $12.93.

K2 Principal Fund L.P. purchased a new stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 90,000 shares of the company's stock, valued at approximately $750,000. K2 Principal Fund L.P. owned 0.19% of Xponential Fitness at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Xponential Fitness in the 4th quarter valued at about $29,000. Point72 Asset Management L.P. acquired a new position in shares of Xponential Fitness in the 4th quarter valued at about $46,000. Wells Fargo & Company MN lifted its position in Xponential Fitness by 35.1% during the 4th quarter. Wells Fargo & Company MN now owns 14,860 shares of the company's stock worth $200,000 after acquiring an additional 3,860 shares in the last quarter. Deutsche Bank AG lifted its position in Xponential Fitness by 3.0% during the 4th quarter. Deutsche Bank AG now owns 287,892 shares of the company's stock worth $3,872,000 after acquiring an additional 8,267 shares in the last quarter. Finally, EntryPoint Capital LLC lifted its position in Xponential Fitness by 75.1% during the 1st quarter. EntryPoint Capital LLC now owns 23,067 shares of the company's stock worth $192,000 after acquiring an additional 9,890 shares in the last quarter. 58.55% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on XPOF shares. Guggenheim reissued a "buy" rating and set a $13.00 price target on shares of Xponential Fitness in a research report on Monday, May 12th. Raymond James Financial reduced their price target on Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating on the stock in a research report on Friday, August 8th. Finally, Wall Street Zen raised Xponential Fitness from a "hold" rating to a "buy" rating in a research report 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 issued a Hold rating to the stock. According to MarketBeat.com, Xponential Fitness has a consensus rating of "Moderate Buy" and a consensus price target of $12.93.

Xponential Fitness Stock Performance

Shares of NYSE XPOF traded down $0.08 during trading on Friday, reaching $8.52. The stock had a trading volume of 426,287 shares, compared to its average volume of 721,551. Xponential Fitness, Inc. has a one year low of $6.64 and a one year high of $18.87. The stock has a market cap of $415.84 million, a PE ratio of -4.84 and a beta of 1.48. The firm's 50 day moving average price is $9.39 and its two-hundred day moving average price is $9.18.

Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.07. The firm had revenue of $76.21 million during the quarter, compared to the consensus estimate of $77.23 million. During the same quarter last year, the firm posted ($0.29) earnings per share. Xponential Fitness's revenue was down .4% compared to the same quarter last year. Xponential Fitness has set its FY 2025 guidance at EPS. On average, research analysts expect that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

Insider Buying and Selling at Xponential Fitness

In other news, Director Bruce N. Haase purchased 70,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was acquired at an average cost of $7.67 per share, for a total transaction of $536,900.00. Following the acquisition, the director owned 95,937 shares of the company's stock, valued at $735,836.79. The trade was a 269.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 47.83% of the company's stock.

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.