Wheels Up Experience Inc. (NYSE:UP) Director Donald Lee Moak Sells 20,000 Shares

Wheels Up Experience Inc. (NYSE:UP) Director Donald Lee Moak sold 20,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $2.50, for a total value of $50,000.00. Following the transaction, the director now directly owns 130,231 shares of the company’s stock, valued at $325,577.50. This trade represents a 13.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Wheels Up Experience Price Performance

Shares of Wheels Up Experience stock traded up $0.20 during trading on Wednesday, reaching $2.61. 1,797,354 shares of the company’s stock were exchanged, compared to its average volume of 1,026,360. The company has a debt-to-equity ratio of 238.01, a quick ratio of 0.22 and a current ratio of 0.31. Wheels Up Experience Inc. has a 1-year low of $1.40 and a 1-year high of $6.08. The company has a market cap of $1.82 billion, a P/E ratio of -5.22 and a beta of 2.24. The firm’s 50-day moving average price is $2.18 and its 200 day moving average price is $2.32.

Institutional Investors Weigh In On Wheels Up Experience

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Instrumental Wealth LLC boosted its position in shares of Wheels Up Experience by 21.1% during the 1st quarter. Instrumental Wealth LLC now owns 189,268 shares of the company’s stock valued at $545,000 after purchasing an additional 32,963 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Wheels Up Experience by 1,399.2% during the second quarter. Bank of New York Mellon Corp now owns 264,377 shares of the company’s stock valued at $500,000 after acquiring an additional 246,742 shares during the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Wheels Up Experience during the second quarter valued at approximately $37,000. Rhumbline Advisers grew its holdings in Wheels Up Experience by 15,329.7% during the second quarter. Rhumbline Advisers now owns 87,332 shares of the company’s stock valued at $165,000 after purchasing an additional 86,766 shares during the period. Finally, Renaissance Technologies LLC bought a new position in Wheels Up Experience during the second quarter valued at $28,000. Institutional investors own 98.20% of the company’s stock.

Wheels Up Experience Company Profile

Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.