Director Mark Grabowski sells 2,595,598 shares (2.60M) for $39,842,429.30 at $15.35 at XPOF; reduces stake by 31.6%
Director Mark Grabowski executed two separate sales totaling 2,595,598 shares for $39,842,429.30 at a blended average price of $15.35 on 2024-11-21, reducing his holdings from 8,207,660 shares to 5,612,062 shares (a -31.6% reduction). The transaction price of $15.35 is notably higher than the current price of $14.94, but closer to the 52-week high of $18.41, occurring within a 30-day rallying period (+13.8%) after a recent 52-week decline (-18.8% from high). The company remains unprofitable with net income of $-11,999,000.00 over its latest fiscal year, despite modest revenue growth of 4.5% annually. Grabowski's prior cross-ticker trading history shows poor timing—his single prior buy resulted in a 90-day return of -39.2%—which provides no positive precedent for his judgment on market direction at this stock.