Wheels Up Experience Inc’s filing revealed that its Director Moak Donald Lee unloaded Company’s shares for reported $53762.0 on Nov 26 ’24. In the deal valued at $2.47 per share,21,766 shares were sold. As a result of this transaction, Moak Donald Lee now holds 108,465 shares worth roughly $0.17 million.
Then, Moak Donald Lee sold 20,000 shares, generating $50,000 in total proceeds. Upon selling the shares at $2.50, the Director now owns 130,231 shares.
Before that, Briffa Mark sold 9,904 shares. Wheels Up Experience Inc shares valued at $24,463 were divested by the EVP, Charter & CEO Air Partner at a price of $2.47 per share. As a result of the transaction, Briffa Mark now holds 705,702 shares, worth roughly $1.13 million.
Goldman initiated its Wheels Up Experience Inc [UP] rating to a Buy in a research note published on June 15, 2022; the price target was $5. Barrington Research also remained covering UP and has decreased its forecast on November 16, 2021 with a “Mkt perform” recommendation from previously “an Outperform” rating. Morgan Stanley started covering the stock on November 09, 2021. It rated UP as “an Underweight”.
Price Performance Review of UP
On Tuesday, Wheels Up Experience Inc [NYSE:UP] saw its stock fall -0.62% to $1.60. Over the last five days, the stock has lost -3.61%. Wheels Up Experience Inc shares have fallen nearly -3.03% since the year began. Nevertheless, the stocks have fallen -63.47% over the past one year. While a 52-week high of $4.59 was reached on 01/06/25, a 52-week low of $1.52 was recorded on 01/10/25. SMA at 50 days reached $1.9970, while 200 days put it at $2.2887.
Levels Of Support And Resistance For UP Stock
The 24-hour chart illustrates a support level at 1.5767, which if violated will result in even more drops to 1.5533. On the upside, there is a resistance level at 1.6367. A further resistance level may holdings at 1.6733. The Relative Strength Index (RSI) on the 14-day chart is 37.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0700, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.14%. Stochastics %K at 24.96% indicates the stock is a holding.
How much short interest is there in Wheels Up Experience Inc?
A steep rise in short interest was recorded in Wheels Up Experience Inc stocks on 2024-12-31, growing by 0.76 million shares to a total of 11.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 11.14 million shares. There was a rise of 6.35%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 01, 2021 when Credit Suisse began covering the stock and recommended ‘”an Outperform”‘ rating along with a $14 price target.
