192,600 Shares in Xponential Fitness, Inc. (NYSE:XPOF) Purchased by Prospect Capital Advisors LLC

Prospect Capital Advisors LLC purchased a new position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 192,600 shares of the company's stock, valued at approximately $2,590,000. Xponential Fitness comprises about 1.5% of Prospect Capital Advisors LLC's holdings, making the stock its 22nd largest holding. Prospect Capital Advisors LLC owned approximately 0.40% of Xponential Fitness as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaQuest LLC lifted its position in shares of Xponential Fitness by 335.9% in the fourth quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock worth $65,000 after buying an additional 3,732 shares during the last quarter. Financial Management Professionals Inc. lifted its position in shares of Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock worth $68,000 after purchasing an additional 2,714 shares during the last quarter. Asset Planning Inc acquired a new position in Xponential Fitness in the 4th quarter valued at approximately $71,000. Mariner LLC acquired a new position in Xponential Fitness in the 4th quarter valued at approximately $163,000. Finally, EntryPoint Capital LLC acquired a new position in Xponential Fitness in the 4th quarter valued at approximately $177,000. Institutional investors and hedge funds own 58.55% of the company's stock.

Xponential Fitness Stock Up 4.8%

Shares of NYSE:XPOF traded up $0.42 during midday trading on Friday, reaching $9.17. The company had a trading volume of 802,343 shares, compared to its average volume of 624,991. The business's 50 day moving average price is $8.26 and its 200 day moving average price is $12.65. The stock has a market cap of $444.40 million, a PE ratio of -7.90 and a beta of 1.57. Xponential Fitness, Inc. has a 1-year low of $6.64 and a 1-year high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The company had revenue of $76.88 million during the quarter, compared to analyst estimates of $75.37 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. Xponential Fitness's revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. On average, research analysts expect that Xponential Fitness, Inc. will post 0.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on XPOF shares. Northland Capmk upgraded Xponential Fitness to a "hold" rating in a research note on Thursday, January 23rd. Piper Sandler decreased their price objective on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Northland Securities assumed coverage on Xponential Fitness in a research note on Thursday, January 23rd. They issued a "market perform" rating and a $17.50 price target on the stock. B. Riley dropped their price objective on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. Finally, Lake Street Capital dropped their price objective on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Xponential Fitness has an average rating of "Moderate Buy" and an average target price of $13.94.

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.