Wheels Up Experience (NYSE:UP) Stock Rating Upgraded by Wall Street Zen

Wheels Up Experience (NYSE:UP) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Wheels Up Experience in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Wheels Up Experience Stock Down 1.8%

Shares of NYSE UP opened at $0.53 on Friday. The stock’s 50-day simple moving average is $0.69 and its two-hundred day simple moving average is $1.19. Wheels Up Experience has a twelve month low of $0.49 and a twelve month high of $3.50. The firm has a market capitalization of $382.51 million, a P/E ratio of -1.26 and a beta of 2.34.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Wheels Up Experience by 9.8% during the third quarter. Vanguard Group Inc. now owns 3,614,924 shares of the company’s stock valued at $6,651,000 after purchasing an additional 323,945 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Wheels Up Experience by 1.1% in the 4th quarter. Millennium Management LLC now owns 1,309,584 shares of the company’s stock worth $859,000 after purchasing an additional 14,332 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Wheels Up Experience by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 989,640 shares of the company’s stock worth $650,000 after purchasing an additional 30,726 shares in the last quarter. Inspire Investing LLC increased its position in shares of Wheels Up Experience by 210.6% during the 4th quarter. Inspire Investing LLC now owns 780,918 shares of the company’s stock valued at $513,000 after purchasing an additional 529,534 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Wheels Up Experience during the 2nd quarter valued at about $795,000. Institutional investors own 98.20% of the company’s stock.

Wheels Up Experience Company Profile

Wheels Up Experience Inc is a membership-driven private aviation company that provides on-demand charter flights and flight card services to corporate clients and high-net-worth individuals. The company operates a combination of owned and managed aircraft, including turboprops and light to midsize jets, and supplements its fleet through a network of partner operators. Its digital platform allows members to book flights, manage itineraries and access empty-leg opportunities with real-time pricing and availability.

Through tiered membership programs, Wheels Up offers flexible access to private air travel without the long-term commitments typically associated with fractional ownership.