Corient Private Wealth LLC Takes Position in Wheels Up Experience Inc. (NYSE:UP)

Corient Private Wealth LLC purchased a new position in Wheels Up Experience Inc. (NYSE:UP) during the fourth quarter, Holdings Channel.com reports. The firm purchased 205,567 shares of the company’s stock, valued at approximately $339,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of UP. SG Americas Securities LLC grew its position in Wheels Up Experience by 110.7% during the 4th quarter. SG Americas Securities LLC now owns 48,527 shares of the company’s stock worth $80,000 after purchasing an additional 25,495 shares in the last quarter. Barclays PLC boosted 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 worth $309,000 after buying an additional 97,532 shares during the period. Geode Capital Management LLC boosted its position in shares of Wheels Up Experience by 57.6% in the third 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 period. State Street Corp grew its holdings in shares of Wheels Up Experience by 41.9% during the third quarter. State Street Corp now owns 1,322,891 shares of the company’s stock valued at $3,201,000 after buying an additional 390,414 shares in the last quarter. Finally, Stifel Financial Corp acquired a new position in Wheels Up Experience during the third quarter valued at $41,000. Institutional investors and hedge funds own 98.20% of the company’s stock.

Wheels Up Experience Trading Down 5.1 %

Shares of NYSE UP opened at $1.03 on Monday. Wheels Up Experience Inc. has a one year low of $0.95 and a one year high of $4.59. The business has a 50-day moving average price of $1.33 and a two-hundred day moving average price of $1.80. The firm has a market capitalization of $716.26 million, a PE ratio of -2.05 and a beta of 2.42.

Wheels Up Experience (NYSE:UP) last posted its quarterly earnings results on Tuesday, March 11th. The company reported ($0.09) EPS for the quarter. The company had revenue of $204.82 million for the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%.

Insider Buying and Selling at Wheels Up Experience

In related news, CEO of Air Partner Mark Briffa sold 28,717 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $1.06, for a total value of $30,440.02. Following the completion of the sale, the insider now owns 1,090,971 shares of the company’s stock, valued at approximately $1,156,429.26. The trade was a 2.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

Wheels Up Experience Company Profile

Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership consists of small and medium enterprise, and custom enterprise solutions for business fliers that tend to spend at higher levels.