Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $1.51, but opened at $1.58. Wheels Up Experience shares last traded at $1.55, with a volume of 55,153 shares changing hands.
Wheels Up Experience Stock Performance
The stock has a market cap of $1.13 billion, a PE ratio of -3.24 and a beta of 2.38. The company's 50-day moving average price is $1.18 and its two-hundred day moving average price is $1.44.
Wheels Up Experience (NYSE:UP - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.11) EPS for the quarter. The business had revenue of $177.53 million during the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%.
Insiders Place Their Bets
In other Wheels Up Experience news, CEO of Air Partner Mark Briffa sold 28,717 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $1.06, for a total value of $30,440.02. Following the sale, the insider now owns 1,090,971 shares of the company's stock, valued at $1,156,429.26. This trade represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company's stock.
Institutional Investors Weigh In On Wheels Up Experience
A number of large investors have recently modified their holdings of the stock. Byrne Asset Management LLC bought a new stake in Wheels Up Experience during the first quarter worth about $27,000. Hsbc Holdings PLC raised its holdings in shares of Wheels Up Experience by 97.3% during the fourth quarter. Hsbc Holdings PLC now owns 21,775 shares of the company's stock valued at $35,000 after purchasing an additional 10,740 shares during the last quarter. EWA LLC purchased a new position in shares of Wheels Up Experience during the first quarter valued at approximately $43,000. Wells Fargo & Company MN raised its holdings in shares of Wheels Up Experience by 49.6% during the fourth quarter. Wells Fargo & Company MN now owns 43,147 shares of the company's stock valued at $71,000 after purchasing an additional 14,299 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Wheels Up Experience by 69.0% during the first quarter. Deutsche Bank AG now owns 73,593 shares of the company's stock valued at $74,000 after purchasing an additional 30,058 shares during the last quarter. 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 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.
Recommended Stories
Before you consider Wheels Up Experience, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wheels Up Experience wasn't on the list.
While Wheels Up Experience currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
