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 shares were sold at an average price of $2.50, for a total value of $50,000.00. Following the completion of the transaction, the director now owns 130,231 shares of the company’s stock, valued at $325,577.50. This trade represents a 13.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Wheels Up Experience Trading Up 8.3 %

Shares of UP opened at $2.61 on Friday. The stock has a fifty day moving average of $2.18 and a two-hundred 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. The company has a market capitalization of $1.82 billion, a PE ratio of -5.22 and a beta of 2.24. Wheels Up Experience Inc. has a fifty-two week low of $1.40 and a fifty-two week high of $6.08.

Institutional Trading of Wheels Up Experience

A number of institutional investors and hedge funds have recently made changes to their positions in UP. Geode Capital Management LLC increased its holdings 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 worth $4,757,000 after buying an additional 718,411 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings 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 worth $1,928,000 after buying an additional 585,589 shares during the last quarter. State Street Corp increased its holdings in shares of Wheels Up Experience by 41.9% during 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 last quarter. Bank of New York Mellon Corp boosted its position in Wheels Up Experience by 1,399.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 264,377 shares of the company’s stock worth $500,000 after purchasing an additional 246,742 shares during the period. Finally, Barclays PLC boosted its position in Wheels Up Experience by 320.8% during the 3rd quarter. Barclays PLC now owns 127,939 shares of the company’s stock worth $309,000 after purchasing an additional 97,532 shares during the period. 98.20% of the stock is currently 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.