Wheels Up Experience (NYSE:UP) Insider Meaghan Danielle Wells Sells 4,358 Shares of Stock

Wheels Up Experience Inc. (NYSE:UPGet 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:UPGet 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

A number of equities research analysts have issued reports on the company. Wall Street Zen raised Wheels Up Experience from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Wheels Up Experience in a research note on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Wheels Up Experience (NYSE:UP)

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