Insider Selling: LuxExperience B.V. (NYSE:LUXE) CEO Sells $85,276.80 in Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 8,460 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $10.08, for a total transaction of $85,276.80. Following the transaction, the chief executive officer directly owned 8,460 shares in the company, valued at $85,276.80. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Michael Kliger also recently made the following trade(s):

• On Tuesday, October 13th, Michael Kliger sold 814 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.00, for a total transaction of $8,140.00.
• On Friday, October 9th, Michael Kliger sold 13,911 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.24, for a total transaction of $142,448.64.
• On Thursday, October 8th, Michael Kliger sold 58,714 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.36, for a total transaction of $608,277.04.
• On Tuesday, October 6th, Michael Kliger sold 119,263 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.04, for a total transaction of $1,197,400.52.
• On Wednesday, October 7th, Michael Kliger sold 65,279 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.03, for a total transaction of $654,748.37.
• On Friday, October 2nd, Michael Kliger sold 2,598 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total value of $26,187.84.
• On Thursday, October 1st, Michael Kliger sold 73,410 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total value of $739,972.80.
• On Friday, September 18th, Michael Kliger sold 75,412 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.02, for a total value of $755,628.24.

LuxExperience B.V. Trading Down 0.3%

Shares of NYSE:LUXE opened at $9.51 on Friday. The company has a market capitalization of $815.00 million, a PE ratio of -6.65 and a beta of 1.02. The company has a current ratio of 2.20, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. LuxExperience B.V. – Sponsored ADR has a 12-month low of $6.54 and a 12-month high of $11.38. The business’s fifty day simple moving average is $8.57 and its 200-day simple moving average is $8.18.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LUXE. Sanford C. Bernstein assumed coverage on shares of LuxExperience B.V. in a report on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 price target on the stock. JPMorgan Chase & Co. raised their target price on shares of LuxExperience B.V. from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, September 17th. Weiss Ratings raised LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. Zacks Research upgraded LuxExperience B.V. from a “strong sell” rating to a “hold” rating in a report on Thursday. Finally, TD Cowen raised their price objective on LuxExperience B.V. from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Thursday, September 24th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.18.

Hedge Funds Weigh In On LuxExperience B.V.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stoic Point Capital Management LLC boosted its stake in LuxExperience B.V. by 58.8% in the 1st quarter. Stoic Point Capital Management LLC now owns 1,640,509 shares of the company’s stock worth $13,124,000 after purchasing an additional 607,240 shares in the last quarter. Capricorn Fund Managers Ltd grew its position in LuxExperience B.V. by 35.5% during the 1st quarter. Capricorn Fund Managers Ltd now owns 1,023,172 shares of the company’s stock worth $8,155,000 after purchasing an additional 268,263 shares during the last quarter. Luxor Capital Group LP increased its stake in LuxExperience B.V. by 11.9% during the 1st quarter. Luxor Capital Group LP now owns 920,435 shares of the company’s stock valued at $7,363,000 after purchasing an additional 98,200 shares in the last quarter. DJE Kapital AG acquired a new position in LuxExperience B.V. during the 1st quarter valued at approximately $6,119,000. Finally, Zweig DiMenna Associates LLC increased its stake in LuxExperience B.V. by 15.2% during the 1st quarter. Zweig DiMenna Associates LLC now owns 590,000 shares of the company’s stock valued at $4,720,000 after purchasing an additional 78,000 shares in the last quarter. 10.07% of the stock is owned by hedge funds and other institutional investors.

About LuxExperience B.V.

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.