LuxExperience B.V. (NYSE:LUXE) Stock: Insider Michael Kliger Sells 13,911 Shares

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 13,911 shares of LuxExperience B.V. stock in a transaction on Friday, October 9th. The stock was sold at an average price of $10.24, for a total transaction of $142,448.64. Following the transaction, the chief executive officer owned 58,714 shares in the company, valued at $601,231.36. This represents a 19.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michael Kliger also recently made the following trade(s):

• On Thursday, October 8th, Michael Kliger sold 58,714 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.36, for a total transaction of $608,277.04.
• On Tuesday, October 6th, Michael Kliger sold 119,263 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.04, for a total value of $1,197,400.52.
• On Wednesday, October 7th, Michael Kliger sold 65,279 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.03, for a total value of $654,748.37.
• On Friday, October 2nd, Michael Kliger sold 2,598 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total value of $26,187.84.
• On Thursday, October 1st, Michael Kliger sold 73,410 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total value of $739,972.80.
• On Friday, September 18th, Michael Kliger sold 75,412 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.02, for a total value of $755,628.24.

LuxExperience B.V. Stock Performance

NYSE:LUXE opened at $9.35 on Thursday. The stock has a 50-day simple moving average of $8.51 and a two-hundred day simple moving average of $8.16. LuxExperience B.V. – Sponsored ADR has a 52-week low of $6.54 and a 52-week high of $11.38. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 2.20. The firm has a market capitalization of $801.29 million, a PE ratio of -6.54 and a beta of 1.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC increased its stake in LuxExperience B.V. by 59.3% in the 3rd quarter. GAMMA Investing LLC now owns 4,194 shares of the company’s stock worth $42,000 after buying an additional 1,561 shares in the last quarter. Solas Capital Management LLC purchased a new stake in LuxExperience B.V. in the 2nd quarter worth $2,560,000. Engineers Gate Manager LP raised its holdings in LuxExperience B.V. by 212.2% during the second quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock valued at $485,000 after acquiring an additional 44,345 shares during the period. Bank of America Corp DE raised its holdings in LuxExperience B.V. by 2,291.9% during the first quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock valued at $136,000 after acquiring an additional 16,341 shares during the period. Finally, Stoic Point Capital Management LLC raised its holdings in LuxExperience B.V. by 58.8% during the first quarter. Stoic Point Capital Management LLC now owns 1,640,509 shares of the company’s stock valued at $13,124,000 after acquiring an additional 607,240 shares during the period. Hedge funds and other institutional investors own 10.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein began coverage on LuxExperience B.V. in a research report on Tuesday, October 6th. They set an “outperform” rating and a $12.90 price objective on the stock. TD Cowen boosted their price objective on LuxExperience B.V. from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Thursday, September 24th. JPMorgan Chase & Co. increased their target price on shares of LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, September 17th. Weiss Ratings raised shares of LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Finally, Wall Street Zen upgraded shares of LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.18.

LuxExperience B.V. Company Profile

LuxExperience B.V. is a Netherlands-based travel and experiences company focused on luxury and premium leisure offerings. The company operates digital platforms that connect travelers with hotels, resorts, tours, cruises and other curated vacation experiences.

Its services are designed to support the planning and booking of leisure travel, with offerings that may include accommodations, packaged holidays and destination experiences. LuxExperience serves customers in international markets through its online travel businesses and related consumer brands.

The company is headquartered in Amsterdam, the Netherlands.