Wheels Up Experience Inc. (NYSE:UP – Get Free Report) major shareholder Ck Wheels Llc sold 1,252 shares of Wheels Up Experience stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $8.52, for a total value of $10,667.04. Following the completion of the transaction, the insider directly owned 12,907,208 shares of the company’s stock, valued at approximately $109,969,412.16. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Ck Wheels Llc also recently made the following trade(s):
- On Wednesday, June 17th, Ck Wheels Llc sold 5,309 shares of Wheels Up Experience stock. The shares were sold at an average price of $8.07, for a total value of $42,843.63.
- On Tuesday, June 16th, Ck Wheels Llc sold 4,021 shares of Wheels Up Experience stock. The stock was sold at an average price of $8.15, for a total value of $32,771.15.
Wheels Up Experience Stock Up 3.1%
UP traded up $0.24 during trading on Wednesday, hitting $7.77. The company’s stock had a trading volume of 73,288 shares, compared to its average volume of 201,968. The firm has a market capitalization of $281.35 million, a P/E ratio of -0.98 and a beta of 2.06. Wheels Up Experience Inc. has a twelve month low of $4.69 and a twelve month high of $70.00. The stock’s fifty day moving average price is $7.68 and its 200-day moving average price is $11.23.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on UP shares. Wall Street Zen cut shares of Wheels Up Experience from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Wheels Up Experience in a research note on Monday, June 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.
Get Our Latest Stock Analysis on UP
Institutional Investors Weigh In On Wheels Up Experience
Several hedge funds and other institutional investors have recently made changes to their positions in UP. Kestra Private Wealth Services LLC bought a new position in Wheels Up Experience in the 3rd quarter valued at about $25,000. Millennium Management LLC increased its holdings in Wheels Up Experience by 1.1% during the 4th quarter. Millennium Management LLC now owns 1,309,584 shares of the company’s stock worth $859,000 after purchasing an additional 14,332 shares in the last quarter. Clearstead Advisors LLC bought a new stake in Wheels Up Experience during the 3rd quarter worth approximately $37,000. Rooted Wealth Advisors Inc. increased its holdings in Wheels Up Experience by 80.2% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 45,041 shares of the company’s stock worth $30,000 after purchasing an additional 20,041 shares in the last quarter. Finally, Creative Planning bought a new stake in Wheels Up Experience during the second quarter worth $25,000. 98.20% of the stock is owned by institutional investors.
About Wheels Up Experience
Wheels Up Experience Inc is a membership-driven private aviation company that provides on-demand charter flights and flight card services to corporate clients and high-net-worth individuals. The company operates a combination of owned and managed aircraft, including turboprops and light to midsize jets, and supplements its fleet through a network of partner operators. Its digital platform allows members to book flights, manage itineraries and access empty-leg opportunities with real-time pricing and availability.
Through tiered membership programs, Wheels Up offers flexible access to private air travel without the long-term commitments typically associated with fractional ownership.
Read More
- Five stocks we like better than Wheels Up Experience
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Receive News & Ratings for Wheels Up Experience Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheels Up Experience and related companies with MarketBeat.com's FREE daily email newsletter.
