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

Wheels Up Experience Inc. (NYSE:UP) Director Donald Lee Moak sold 20,000 shares of Wheels Up Experience stock in a transaction on 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 approximately $325,577.50. This trade represents 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 link.

Wheels Up Experience Stock Up 8.3 %

UP stock opened at $2.61 on Thursday. The stock has a market capitalization of $1.82 billion, a PE 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. 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 one year low of $1.40 and a one year high of $6.08.

Institutional Investors Weigh In On Wheels Up Experience

Hedge funds have recently added to or reduced their stakes in the company. Koss Olinger Consulting LLC purchased a new position in Wheels Up Experience in the third quarter worth $26,000. Renaissance Technologies LLC purchased a new stake in shares of Wheels Up Experience during the 2nd quarter worth $28,000. Stifel Financial Corp acquired a new position in shares of Wheels Up Experience during the 3rd quarter worth $41,000. CIBC Asset Management Inc purchased a new position in shares of Wheels Up Experience in the 2nd quarter valued at about $37,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Wheels Up Experience in the third quarter valued at about $56,000. 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.