Wheels Up Experience Inc. (NYSE:UP - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $0.95 and last traded at $0.96, with a volume of 92085 shares trading hands. The stock had previously closed at $0.98.
Wheels Up Experience Price Performance
The stock has a market capitalization of $616.33 million, a P/E ratio of -1.76 and a beta of 2.42. The business's 50 day moving average price is $1.26 and its 200 day moving average price is $1.76.
Wheels Up Experience (NYSE:UP - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported ($0.09) EPS for the quarter. The company had revenue of $204.82 million during the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%.
Insider Buying and Selling at Wheels Up Experience
In other Wheels Up Experience news, CEO of Air Partner Mark Briffa sold 28,717 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $1.06, for a total transaction of $30,440.02. Following the completion of the sale, the insider now directly owns 1,090,971 shares of the company's stock, valued at approximately $1,156,429.26. This represents a 2.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Wheels Up Experience
Hedge funds have recently modified their holdings of the business. Stifel Financial Corp purchased a new position in Wheels Up Experience during the third quarter valued at $41,000. Hsbc Holdings PLC raised its stake in shares of Wheels Up Experience by 97.3% in the fourth quarter. Hsbc Holdings PLC now owns 21,775 shares of the company's stock worth $35,000 after buying an additional 10,740 shares during the period. Intech Investment Management LLC bought a new position in shares of Wheels Up Experience in the third quarter worth about $88,000. Wells Fargo & Company MN lifted its position in shares of Wheels Up Experience by 49.6% during the 4th quarter. Wells Fargo & Company MN now owns 43,147 shares of the company's stock valued at $71,000 after buying an additional 14,299 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Wheels Up Experience by 110.7% during the 4th quarter. SG Americas Securities LLC now owns 48,527 shares of the company's stock valued at $80,000 after acquiring an additional 25,495 shares during the period. Institutional investors own 98.20% of the company's stock.
About Wheels Up Experience
(
Get Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership consists of small and medium enterprise, and custom enterprise solutions for business fliers that tend to spend at higher levels.
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