Mark Briffa Sells 9,904 Shares of Wheels Up Experience Inc. (NYSE:UP) Stock

Wheels Up Experience Inc. (NYSE:UP) CEO Mark Briffa sold 9,904 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $2.47, for a total transaction of $24,462.88. Following the completion of the transaction, the chief executive officer now owns 705,702 shares of the company’s stock, valued at $1,743,083.94. This represents a 1.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wheels Up Experience Price Performance

UP traded up $0.20 on Wednesday, reaching $2.61. The company had a trading volume of 1,797,354 shares, compared to its average volume of 1,026,360. Wheels Up Experience Inc. has a one year low of $1.40 and a one year high of $6.08. The company has a current ratio of 0.31, a quick ratio of 0.22 and a debt-to-equity ratio of 238.01. The company has a market capitalization of $1.82 billion, a P/E ratio of -5.22 and a beta of 2.24. The company has a fifty day moving average of $2.18 and a 200-day moving average of $2.32.

Institutional Investors Weigh In On Wheels Up Experience

Institutional investors and hedge funds have recently bought and sold shares of the business. Koss Olinger Consulting LLC acquired a new stake in Wheels Up Experience in the 3rd quarter valued at about $26,000. Renaissance Technologies LLC acquired a new position in Wheels Up Experience in the second quarter worth approximately $28,000. Stifel Financial Corp acquired a new position in Wheels Up Experience during the third quarter valued at approximately $41,000. CIBC Asset Management Inc acquired a new position in Wheels Up Experience during the second quarter valued at approximately $37,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Wheels Up Experience in the third quarter worth $56,000. 98.20% of the stock is owned by institutional investors and hedge funds.

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.