Geode Capital Management LLC Has $4.76 Million Stock Position in Wheels Up Experience Inc. (NYSE:UP)

Geode Capital Management LLC raised its position in Wheels Up Experience Inc. (NYSE:UP - Free Report) by 57.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,965,280 shares of the company's stock after buying an additional 718,411 shares during the quarter. Geode Capital Management LLC owned 0.28% of Wheels Up Experience worth $4,757,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Wheels Up Experience by 277.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 796,827 shares of the company's stock valued at $1,928,000 after buying an additional 585,589 shares during the period. State Street Corp raised its holdings in Wheels Up Experience by 41.9% in the 3rd quarter. State Street Corp now owns 1,322,891 shares of the company's stock valued at $3,201,000 after acquiring an additional 390,414 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Wheels Up Experience by 1,399.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 264,377 shares of the company's stock valued at $500,000 after acquiring an additional 246,742 shares during the period. Barclays PLC increased its position in shares of Wheels Up Experience by 320.8% in the third quarter. Barclays PLC now owns 127,939 shares of the company's stock worth $309,000 after purchasing an additional 97,532 shares during the period. Finally, Rhumbline Advisers raised its stake in Wheels Up Experience by 15,329.7% in the second quarter. Rhumbline Advisers now owns 87,332 shares of the company's stock valued at $165,000 after purchasing an additional 86,766 shares in the last quarter. Institutional investors own 98.20% of the company's stock.

Wheels Up Experience Price Performance

UP traded down $0.16 on Monday, hitting $1.66. 1,742,344 shares of the stock were exchanged, compared to its average volume of 1,260,100. The company has a debt-to-equity ratio of 238.01, a current ratio of 0.31 and a quick ratio of 0.22. Wheels Up Experience Inc. has a 12 month low of $1.55 and a 12 month high of $5.10. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of -3.33 and a beta of 2.40. The business has a 50-day moving average of $2.04 and a two-hundred day moving average of $2.24.

Insider Transactions at Wheels Up Experience

In related news, Director Donald Lee Moak sold 20,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $2.50, for a total value of $50,000.00. Following the sale, the director now directly owns 130,231 shares of the company's stock, valued at $325,577.50. This trade represents a 13.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.13% of the stock is currently owned by insiders.

Wheels Up Experience Profile

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.