Wheels Up Experience Inc. (NYSE:UP) CEO Sells $24,462.88 in Stock

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

Wheels Up Experience Stock Performance

Shares of UP opened at $2.50 on Friday. The stock has a 50 day moving average of $2.19 and a 200 day moving average of $2.32. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of -5.00 and a beta of 2.24. Wheels Up Experience Inc. has a 12 month low of $1.40 and a 12 month 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.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UP. Koss Olinger Consulting LLC bought a new position in shares of Wheels Up Experience during the 3rd quarter valued at approximately $26,000. Renaissance Technologies LLC bought a new position in Wheels Up Experience during the second quarter valued at $28,000. Stifel Financial Corp purchased a new stake in Wheels Up Experience in the third quarter worth $41,000. CIBC Asset Management Inc purchased a new stake in Wheels Up Experience in the second quarter worth $37,000. Finally, SG Americas Securities LLC bought a new stake in shares of Wheels Up Experience in the third quarter valued at $56,000. 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.