Wheels Up Experience Inc. (NYSE:UP – Get Free Report) insider Meaghan Danielle Wells sold 4,358 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $5.41, for a total transaction of $23,576.78. Following the transaction, the insider directly owned 61,695 shares in the company, valued at $333,769.95. The trade was a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Wheels Up Experience Trading Down 1.9%
NYSE UP traded down $0.10 during trading on Wednesday, hitting $5.26. 97,694 shares of the company traded hands, compared to its average volume of 89,027. Wheels Up Experience Inc. has a 12 month low of $4.69 and a 12 month high of $70.00. The business has a fifty day simple moving average of $7.01 and a 200 day simple moving average of $8.96. The company has a market capitalization of $190.57 million, a P/E ratio of -0.62 and a beta of 2.09.
Wheels Up Experience (NYSE:UP – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($2.29) earnings per share (EPS) for the quarter. The firm had revenue of $168.92 million during the quarter.
Analysts Set New Price Targets
View Our Latest Research Report on UP
Hedge Funds Weigh In On Wheels Up Experience
A number of institutional investors have recently made changes to their positions in the business. Kestra Private Wealth Services LLC acquired a new position in shares of Wheels Up Experience in the 3rd quarter valued at $25,000. Millennium Management LLC increased its stake in Wheels Up Experience by 1.1% in the fourth quarter. Millennium Management LLC now owns 1,309,584 shares of the company’s stock valued at $859,000 after acquiring an additional 14,332 shares during the period. Rooted Wealth Advisors Inc. increased its stake in Wheels Up Experience by 80.2% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 45,041 shares of the company’s stock valued at $30,000 after acquiring an additional 20,041 shares during the period. Creative Planning acquired a new position in Wheels Up Experience in the second quarter worth about $25,000. Finally, Hudson Bay Capital Management LP bought a new position in Wheels Up Experience during the second quarter worth about $25,000. 98.20% of the stock is currently owned by institutional investors.
Wheels Up Experience Company Profile
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.
Recommended Stories
- Five stocks we like better than Wheels Up Experience
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
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.
