Wheels Up Experience Inc. (NYSE:UP - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $1.47 and last traded at $1.47, with a volume of 5102 shares changing hands. The stock had previously closed at $1.56.
Wheels Up Experience Trading Up 5.2 %
The company has a fifty day moving average price of $1.80 and a two-hundred day moving average price of $2.03. The firm has a market cap of $1.06 billion, a P/E ratio of -3.05 and a beta of 2.39.
Wheels Up Experience (NYSE:UP - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $193.90 million during the quarter. Wheels Up Experience had a negative net margin of 39.97% and a negative return on equity of 796.67%.
Insider Buying and Selling at Wheels Up Experience
In related news, Director Donald Lee Moak sold 20,000 shares of the firm's stock in a transaction on Monday, November 25th. The shares were 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 approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company's stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of UP. Renaissance Technologies LLC bought a new position in Wheels Up Experience during the second quarter worth $28,000. The Manufacturers Life Insurance Company raised its holdings in Wheels Up Experience by 44.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 117,772 shares of the company's stock valued at $223,000 after acquiring an additional 36,201 shares during the period. SG Americas Securities LLC acquired a new stake in Wheels Up Experience during the third quarter worth approximately $56,000. Koss Olinger Consulting LLC bought a new stake in shares of Wheels Up Experience during the third quarter worth approximately $26,000. Finally, Intech Investment Management LLC bought a new position in shares of Wheels Up Experience during the third quarter worth approximately $88,000. Institutional investors own 98.20% of the company's stock.
Wheels Up Experience Company Profile
(
Get 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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