Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Wheels Up Experience Inc shares valued at $53,762 were sold by Moak Donald Lee on Nov 26 ’24. At $2.47 per share, Moak Donald Lee sold 21,766 shares. The insider’s holdings dropped to 108,465 shares worth approximately $0.18 million following the completion of this transaction.
Also, Moak Donald Lee sold 20,000 shares, netting a total of over 50,000 in proceeds. Following the sale of shares at $2.50 each, the insider now holds 130,231 shares.
Before that, Briffa Mark had sold 9,904 shares from its account. In a trade valued at $24,463, the EVP, Charter & CEO Air Partner traded Wheels Up Experience Inc shares for $2.47 each. Upon closing the transaction, the insider’s holdings decreased to 9,904 shares, worth approximately $1.16 million.
As published in their initiating research note from Goldman on June 15, 2022, Wheels Up Experience Inc [UP] has been a Buy and the price target has been revised to $5. As of November 16, 2021, Barrington Research has decreased its “an Outperform” rating to a “Mkt perform” for UP. Earlier on November 09, 2021, Morgan Stanley initiated its rating. Their recommendation was “an Underweight” for UP stock.
Analyzing UP Stock Performance
Over the course of the year, Wheels Up Experience Inc shares have dropped approximately -0.61%. Shares of the company reached a 52-week high of $1.8700 on 01/06/25 and a 52-week low of $1.5200 on 01/10/25. A 50-day SMA is recorded $1.9464, while a 200-day SMA reached $2.2560. Nevertheless, trading volume fell to 0.56 million shares from 0.5 million shares the previous day.
Support And Resistance Levels for Wheels Up Experience Inc (UP)
According to the 24-hour chart, there is a support level at 1.6130, which, if violated, would cause prices to drop to 1.5860. In the upper region, resistance lies at 1.6685. The next price resistance is at 1.6970. RSI (Relative Strength Index) is 41.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0014, which suggests the price will decrease in the coming days. Percent R is at 65.71%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
