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 dated Monday, November 25th. The shares were sold at an average price of $2.50, for a total transaction of $50,000.00. Following the completion of the transaction, the director now owns 130,231 shares in the company, valued at $325,577.50. The trade was a 13.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wheels Up Experience Stock Performance

NYSE:UP opened at $2.50 on Friday. The company has a debt-to-equity ratio of 238.01, a current ratio of 0.31 and a quick ratio of 0.22. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -5.00 and a beta of 2.24. The company’s 50-day moving average is $2.19 and its two-hundred day moving average is $2.32. Wheels Up Experience Inc. has a 1-year low of $1.40 and a 1-year high of $6.08.

Hedge Funds Weigh In On Wheels Up Experience

Several institutional investors and hedge funds have recently bought and sold shares of the company. Koss Olinger Consulting LLC purchased a new stake in shares of Wheels Up Experience in the 3rd quarter valued at approximately $26,000. Renaissance Technologies LLC purchased a new stake in shares of Wheels Up Experience in the 2nd quarter valued at approximately $28,000. Stifel Financial Corp purchased a new stake in shares of Wheels Up Experience in the 3rd quarter valued at approximately $41,000. CIBC Asset Management Inc purchased a new stake in shares of Wheels Up Experience in the 2nd quarter valued at approximately $37,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Wheels Up Experience in the 3rd quarter valued at approximately $56,000. 98.20% of the stock is currently owned by institutional investors and hedge funds.

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.