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 company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $2.47, for a total value of $24,462.88. Following the sale, the chief executive officer now owns 705,702 shares of the company’s stock, valued at approximately $1,743,083.94. This trade represents a 1.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Wheels Up Experience Price Performance

NYSE UP opened at $2.61 on Friday. The company has a 50-day moving average price of $2.18 and a 200-day moving average price of $2.32. Wheels Up Experience Inc. has a 52 week low of $1.40 and a 52 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 firm has a market capitalization of $1.82 billion, a P/E ratio of -5.22 and a beta of 2.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its position in shares of Wheels Up Experience by 57.6% during 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. Charles Schwab Investment Management Inc. raised its position in shares of Wheels Up Experience by 277.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 796,827 shares of the company’s stock valued at $1,928,000 after purchasing an additional 585,589 shares during the period. State Street Corp boosted its holdings in Wheels Up Experience by 41.9% in the 3rd quarter. State Street Corp now owns 1,322,891 shares of the company’s stock worth $3,201,000 after buying an additional 390,414 shares during the period. Bank of New York Mellon Corp increased its stake in Wheels Up Experience by 1,399.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 264,377 shares of the company’s stock worth $500,000 after buying an additional 246,742 shares in the last quarter. Finally, Barclays PLC lifted 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 acquiring an additional 97,532 shares in the last quarter. Hedge funds and other institutional investors 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.