State Street Corp Has $3.20 Million Position in Wheels Up Experience Inc. (NYSE:UP)

State Street Corp lifted its stake in Wheels Up Experience Inc. (NYSE:UP - Free Report) by 41.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,322,891 shares of the company's stock after acquiring an additional 390,414 shares during the period. State Street Corp owned approximately 0.19% of Wheels Up Experience worth $3,201,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Koss Olinger Consulting LLC bought a new stake in shares of Wheels Up Experience during the third quarter valued at approximately $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 acquired a new stake in shares of Wheels Up Experience during the 2nd quarter valued at about $37,000. Stifel Financial Corp acquired a new stake in shares of Wheels Up Experience during the 3rd quarter valued at about $41,000. Finally, SG Americas Securities LLC bought a new stake in Wheels Up Experience in the third quarter valued at about $56,000. 98.20% of the stock is currently owned by institutional investors and hedge funds.

Wheels Up Experience Price Performance

UP stock traded down $0.02 during trading on Tuesday, hitting $1.65. The company had a trading volume of 1,386,895 shares, compared to its average volume of 1,040,238. The company has a current ratio of 0.31, a quick ratio of 0.22 and a debt-to-equity ratio of 238.01. The company has a fifty day moving average price of $2.09 and a two-hundred day moving average price of $2.24. Wheels Up Experience Inc. has a fifty-two week low of $1.55 and a fifty-two week high of $5.10. The company has a market cap of $1.15 billion, a P/E ratio of -3.30 and a beta of 2.32.

Insider Transactions at Wheels Up Experience

In related news, Director Donald Lee Moak sold 20,000 shares of Wheels Up Experience 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 completion of the transaction, the director now directly owns 130,231 shares of the company's stock, valued at $325,577.50. The trade was a 13.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.13% of the company's stock.

Wheels Up Experience Company 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.