11,000 Shares in Wheels Up Experience Inc. (NYSE:UP) Purchased by Carson Advisory Inc.

Carson Advisory Inc. bought a new position in Wheels Up Experience Inc. (NYSE:UPGet Rating) during the 4th quarter, Holdings Channel reports. The fund bought 11,000 shares of the company’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. People s United Financial Inc. purchased a new stake in Wheels Up Experience in the third quarter worth about $2,422,000. AXS Investments LLC purchased a new position in shares of Wheels Up Experience during the third quarter valued at approximately $2,377,000. Pennsylvania Capital Management Inc. ADV purchased a new position in shares of Wheels Up Experience during the third quarter valued at approximately $118,000. Goldman Sachs Group Inc. purchased a new position in shares of Wheels Up Experience during the third quarter valued at approximately $567,000. Finally, Deltec Asset Management LLC purchased a new position in shares of Wheels Up Experience during the fourth quarter valued at approximately $153,000. 33.89% of the stock is currently owned by institutional investors.

NYSE:UP remained flat at $$3.05 during trading hours on Friday. 1,309,263 shares of the company’s stock were exchanged, compared to its average volume of 1,615,441. Wheels Up Experience Inc. has a fifty-two week low of $2.80 and a fifty-two week high of $15.00. The company’s 50 day simple moving average is $3.21 and its 200 day simple moving average is $4.34.

Wheels Up Experience (NYSE:UPGet Rating) last posted its earnings results on Thursday, March 10th. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.05). The business had revenue of $345.04 million for the quarter, compared to analyst estimates of $280.17 million. As a group, equities analysts predict that Wheels Up Experience Inc. will post -0.96 earnings per share for the current year.

UP has been the subject of several recent research reports. Zacks Investment Research lowered shares of Wheels Up Experience from a “hold” rating to a “sell” rating in a report on Friday. Credit Suisse Group lowered their target price on shares of Wheels Up Experience from $11.00 to $8.50 and set an “outperform” rating for the company in a report on Friday, March 11th. BTIG Research reduced their price target on shares of Wheels Up Experience from $10.00 to $9.00 in a research report on Tuesday, January 18th. Raymond James reduced their price target on shares of Wheels Up Experience from $9.00 to $6.00 and set an “outperform” rating for the company in a research report on Friday, March 11th. Finally, Wolfe Research began coverage on shares of Wheels Up Experience in a research report on Wednesday, February 16th. They set a “hold” rating for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.06.

Wheels Up Experience Company Profile (Get Rating)

Wheels Up Experience Inc provides private aviation services primarily in the United States. The company offers a suite of products and services, which include multi-tiered membership programs, on-demand flights across various private aircraft cabin categories, aircraft management, retail and wholesale charter, whole aircraft acquisitions and sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel.

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Institutional Ownership by Quarter for Wheels Up Experience (NYSE:UP)

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