LuxExperience B.V. (NYSE:LUXE) Research Coverage Started at Sanford C. Bernstein

Sanford C. Bernstein assumed coverage on shares of LuxExperience B.V. (NYSE:LUXE) in a research report sent to investors on Tuesday, Marketbeat.com reports. The brokerage issued an outperform rating and a $12.90 target price on the stock.

Other analysts have also issued reports about the stock. TD Cowen lifted their target price on shares of LuxExperience B.V. from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Weiss Ratings lowered shares of LuxExperience B.V. from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, September 25th. Zacks Research cut shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. Wall Street Zen raised LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. Finally, JPMorgan Chase & Co. increased their target price on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, September 17th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.18.

LuxExperience B.V. Trading Up 1.6%

Shares of LuxExperience B.V. stock opened at $10.46 on Tuesday. The firm has a market capitalization of $896.84 million, a PE ratio of -7.32 and a beta of 1.02. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.20 and a quick ratio of 0.79. The company’s fifty day moving average price is $8.39 and its two-hundred day moving average price is $8.11. LuxExperience B.V. has a 52-week low of $6.54 and a 52-week high of $11.38.

Insider Transactions at LuxExperience B.V.

In related news, CEO Michael Kliger sold 119,263 shares of LuxExperience B.V. stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $10.04, for a total transaction of $1,197,400.52. Following the completion of the transaction, the chief executive officer directly owned 119,263 shares of the company’s stock, valued at $1,197,400.52. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 335,962 shares of company stock worth $3,373,938. Company insiders own 1.90% of the company’s stock.

Institutional Trading of LuxExperience B.V.

Several large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of LuxExperience B.V. by 59.3% in the third quarter. GAMMA Investing LLC now owns 4,194 shares of the company’s stock valued at $42,000 after acquiring an additional 1,561 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of LuxExperience B.V. by 2,291.9% in the 1st quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock worth $136,000 after acquiring an additional 16,341 shares in the last quarter. Engineers Gate Manager LP grew its position in LuxExperience B.V. by 212.2% during the 2nd quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after acquiring an additional 44,345 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in LuxExperience B.V. during the 1st quarter worth approximately $635,000. Finally, Royal Bank of Canada increased its holdings in LuxExperience B.V. by 12.0% during the 1st quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock valued at $1,020,000 after purchasing an additional 13,664 shares in the last quarter. 10.07% of the stock is owned by institutional investors.

LuxExperience B.V. Company Profile

LuxExperience B.V. is a Netherlands-based travel and experiences company focused on luxury and premium leisure offerings. The company operates digital platforms that connect travelers with hotels, resorts, tours, cruises and other curated vacation experiences.

Its services are designed to support the planning and booking of leisure travel, with offerings that may include accommodations, packaged holidays and destination experiences. LuxExperience serves customers in international markets through its online travel businesses and related consumer brands.

The company is headquartered in Amsterdam, the Netherlands.