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

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 sale, the director now owns 130,231 shares in the company, valued at approximately $325,577.50. The trade was a 13.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Wheels Up Experience Trading Up 8.3 %

Shares of UP stock opened at $2.61 on Thursday. Wheels Up Experience Inc. has a fifty-two week low of $1.40 and a fifty-two week high of $6.08. The company has a quick ratio of 0.22, a current ratio of 0.31 and a debt-to-equity ratio of 238.01. The business has a fifty day simple moving average of $2.18 and a 200-day simple moving average of $2.32. The stock has a market cap of $1.82 billion, a P/E ratio of -5.22 and a beta of 2.24.

Hedge Funds Weigh In On Wheels Up Experience

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UP. Barclays PLC grew its position in shares of Wheels Up Experience by 320.8% in the third quarter. Barclays PLC now owns 127,939 shares of the company’s stock valued at $309,000 after purchasing an additional 97,532 shares during the last quarter. Geode Capital Management LLC lifted its stake in Wheels Up Experience by 57.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,965,280 shares of the company’s stock valued at $4,757,000 after buying an additional 718,411 shares in the last quarter. State Street Corp grew its holdings in Wheels Up Experience by 41.9% during the 3rd quarter. State Street Corp now owns 1,322,891 shares of the company’s stock valued at $3,201,000 after buying an additional 390,414 shares during the last quarter. Stifel Financial Corp purchased a new position in Wheels Up Experience during the third quarter worth $41,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Wheels Up Experience by 277.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 796,827 shares of the company’s stock worth $1,928,000 after acquiring an additional 585,589 shares during the last quarter. Institutional investors and hedge funds own 98.20% of the company’s stock.

About Wheels Up Experience

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.