Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s share price traded down 7.4% during mid-day trading on Thursday . The company traded as low as $1.51 and last traded at $1.52. 475,180 shares changed hands during trading, a decline of 53% from the average session volume of 1,012,362 shares. The stock had previously closed at $1.64.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Wheels Up Experience from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th.
Read Our Latest Stock Report on UP
Wheels Up Experience Stock Down 1.7%
The firm's 50 day moving average is $1.41 and its two-hundred day moving average is $1.29.
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 (EPS) for the quarter. The business had revenue of $177.53 million during the quarter.
Institutional Trading of Wheels Up Experience
Several hedge funds have recently added to or reduced their stakes in UP. Byrne Asset Management LLC bought a new stake in shares of Wheels Up Experience during the 1st quarter valued at $27,000. CWM LLC increased its position in shares of Wheels Up Experience by 77.0% during the 2nd quarter. CWM LLC now owns 24,880 shares of the company's stock valued at $27,000 after purchasing an additional 10,827 shares during the last quarter. Hsbc Holdings PLC grew its stake 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 buying an additional 10,740 shares during the last quarter. EWA LLC bought a new position in shares of Wheels Up Experience during the first quarter valued at about $43,000. Finally, Vanguard Personalized Indexing Management LLC grew its position in Wheels Up Experience by 197.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 40,534 shares of the company's stock worth $43,000 after acquiring an additional 26,917 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.
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