Bayesian Capital Management LP Sells 9,500 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Bayesian Capital Management LP decreased its holdings in Xponential Fitness, Inc. (NYSE:XPOF) by 39.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,596 shares of the company’s stock after selling 9,500 shares during the quarter. Bayesian Capital Management LP’s holdings in Xponential Fitness were worth $241,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in XPOF. Voss Capital LLC bought a new stake in shares of Xponential Fitness during the 4th quarter valued at about $29,776,000. Kent Lake Capital LLC bought a new stake in Xponential Fitness during the 4th quarter valued at approximately $3,025,000. Los Angeles Capital Management LLC grew its holdings in shares of Xponential Fitness by 204.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 221,151 shares of the company’s stock worth $2,851,000 after acquiring an additional 148,576 shares during the period. Nut Tree Capital Management LP purchased a new position in shares of Xponential Fitness in the 4th quarter valued at approximately $1,849,000. Finally, Trexquant Investment LP grew its stake in Xponential Fitness by 346.2% in the fourth quarter. Trexquant Investment LP now owns 172,285 shares of the company’s stock worth $2,221,000 after purchasing an additional 133,677 shares during the period. Institutional investors own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

XPOF stock opened at $17.17 on Thursday. Xponential Fitness, Inc. has a 1 year low of $7.40 and a 1 year high of $24.00. The stock’s fifty day moving average price is $14.39 and its 200-day moving average price is $13.12.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The firm had revenue of $79.52 million for the quarter, compared to the consensus estimate of $78.77 million. Xponential Fitness had a net margin of 1.90% and a negative return on equity of 7.65%. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. On average, sell-side analysts expect that Xponential Fitness, Inc. will post 0.95 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on XPOF. Roth Mkm began coverage on Xponential Fitness in a research report on Monday, June 17th. They set a “buy” rating and a $22.00 price objective for the company. B. Riley upped their price objective on shares of Xponential Fitness from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, May 3rd. Piper Sandler lifted their target price on shares of Xponential Fitness from $9.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, July 11th. Stifel Nicolaus reiterated a “buy” rating and set a $20.00 price objective on shares of Xponential Fitness in a research note on Friday, April 12th. Finally, Roth Capital raised Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $21.55.

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.