27,123 Shares in F45 Training Holdings Inc. (NYSE:FXLV) Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of F45 Training Holdings Inc. (NYSE:FXLVGet Rating) during the second quarter, Holdings Channel.com reports. The fund bought 27,123 shares of the company’s stock, valued at approximately $107,000.

Other large investors have also recently made changes to their positions in the company. Benchmark Financial Wealth Advisors LLC purchased a new stake in shares of F45 Training during the second quarter worth approximately $273,000. New York State Common Retirement Fund increased its stake in shares of F45 Training by 86.3% during the first quarter. New York State Common Retirement Fund now owns 17,197 shares of the company’s stock worth $184,000 after buying an additional 7,965 shares during the period. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income purchased a new stake in shares of F45 Training during the first quarter worth approximately $6,732,000. Renaissance Technologies LLC purchased a new stake in shares of F45 Training during the first quarter worth approximately $213,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of F45 Training during the first quarter worth approximately $211,000. 48.99% of the stock is currently owned by hedge funds and other institutional investors.

F45 Training Stock Performance

Shares of FXLV opened at $3.50 on Monday. The company has a current ratio of 1.85, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64. The firm has a market cap of $336.77 million, a PE ratio of -4.73 and a beta of -1.23. The company’s 50 day simple moving average is $2.88 and its 200-day simple moving average is $3.89. F45 Training Holdings Inc. has a 12-month low of $0.79 and a 12-month high of $16.00.

F45 Training (NYSE:FXLVGet Rating) last announced its earnings results on Monday, August 15th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.50). The business had revenue of $30.03 million for the quarter, compared to analysts’ expectations of $56.96 million. F45 Training had a negative return on equity of 43.74% and a negative net margin of 87.41%. As a group, equities analysts predict that F45 Training Holdings Inc. will post -0.39 EPS for the current year.

Insider Transactions at F45 Training

In related news, Director Kennedy Lewis Management Lp purchased 600,000 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The stock was purchased at an average cost of $2.13 per share, with a total value of $1,278,000.00. Following the completion of the acquisition, the director now directly owns 9,019,437 shares in the company, valued at $19,211,400.81. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Over the last ninety days, insiders have acquired 2,010,754 shares of company stock worth $4,682,801. Insiders own 62.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Guggenheim lowered shares of F45 Training from a “buy” rating to a “neutral” rating in a research note on Thursday, July 28th. Roth Capital dropped their price target on shares of F45 Training from $8.00 to $2.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 16th. Robert W. Baird lowered shares of F45 Training from an “outperform” rating to a “neutral” rating and set a $2.00 price target on the stock. in a research note on Wednesday, July 27th. Finally, Macquarie lowered shares of F45 Training from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $17.00 to $4.00 in a research note on Wednesday, July 27th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, F45 Training currently has a consensus rating of “Hold” and an average price target of $11.63.

About F45 Training

(Get Rating)

F45 Training Holdings Inc operates as a fitness franchisor. The company offers consumers functional 45-minute workouts that combine elements of high-intensity interval, circuit, and functional training. It provides workouts primarily through its digitally-connected network of studios. As of December 31, 2021, the company operated 1,749 total studios.

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Institutional Ownership by Quarter for F45 Training (NYSE:FXLV)

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