Shares of Wheels Up Experience Inc. (NYSE:UP - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $1.23, but opened at $1.30. Wheels Up Experience shares last traded at $1.16, with a volume of 282,476 shares.
Analysts Set New Price Targets
Separately, Wall Street Zen cut shares of Wheels Up Experience from a "hold" rating to a "sell" rating in a report on Saturday, June 21st.
Check Out Our Latest Stock Analysis on Wheels Up Experience
Wheels Up Experience Trading Up 1.8%
The firm has a 50 day moving average of $1.36 and a two-hundred day moving average of $1.34. The stock has a market capitalization of $789.63 million, a PE ratio of -2.31 and a beta of 2.30.
Wheels Up Experience (NYSE:UP - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $177.53 million during the quarter.
Institutional Trading of Wheels Up Experience
Several institutional investors and hedge funds have recently modified their holdings of UP. AQR Capital Management LLC acquired a new position in Wheels Up Experience in the 1st quarter valued at about $156,000. Nuveen LLC acquired a new stake in Wheels Up Experience during the first quarter worth approximately $148,000. Deutsche Bank AG grew its stake in Wheels Up Experience by 69.0% in the 1st quarter. Deutsche Bank AG now owns 73,593 shares of the company's stock worth $74,000 after acquiring an additional 30,058 shares during the period. EWA LLC acquired a new position in Wheels Up Experience in the 1st quarter valued at $43,000. Finally, Byrne Asset Management LLC purchased a new position in shares of Wheels Up Experience during the 1st quarter worth $27,000. Hedge funds and other institutional investors own 98.20% of the company's stock.
About Wheels Up Experience
(
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.
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