Charles Schwab Investment Management Inc. lifted its position in shares of Wheels Up Experience Inc. (NYSE:UP - Free Report) by 277.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 796,827 shares of the company's stock after buying an additional 585,589 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.11% of Wheels Up Experience worth $1,928,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Koss Olinger Consulting LLC bought a new position in Wheels Up Experience during the third quarter worth $26,000. Renaissance Technologies LLC bought a new position in shares of Wheels Up Experience during the 2nd quarter worth about $28,000. CIBC Asset Management Inc bought a new position in shares of Wheels Up Experience during the 2nd quarter worth about $37,000. SG Americas Securities LLC acquired a new stake in shares of Wheels Up Experience in the 3rd quarter valued at about $56,000. Finally, Intech Investment Management LLC bought a new stake in Wheels Up Experience in the 3rd quarter valued at about $88,000. 98.20% of the stock is currently owned by institutional investors and hedge funds.
Wheels Up Experience Stock Down 0.5 %
Shares of Wheels Up Experience stock traded down $0.01 on Tuesday, hitting $1.99. The company had a trading volume of 1,270,540 shares, compared to its average volume of 1,033,035. Wheels Up Experience Inc. has a 1 year low of $1.55 and a 1 year high of $6.08. The company has a debt-to-equity ratio of 238.01, a quick ratio of 0.22 and a current ratio of 0.31. The stock has a 50 day moving average of $2.16 and a 200-day moving average of $2.26. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of -3.98 and a beta of 2.32.
Insider Buying and Selling
In other news, Director Donald Lee Moak sold 20,000 shares of Wheels Up Experience stock in a transaction on Monday, November 25th. The stock was sold at an average price of $2.50, for a total transaction of $50,000.00. Following the sale, the director now directly owns 130,231 shares in the company, valued at $325,577.50. The trade was a 13.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.
Wheels Up Experience Profile
(
Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.
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