13,951,712 Shares in flyExclusive, Inc. $FLYX Purchased by Entrust Global Partners L L C

Entrust Global Partners L L C purchased a new position in flyExclusive, Inc. (NYSE:FLYX) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 13,951,712 shares of the company’s stock, valued at approximately $43,390,000. flyExclusive comprises approximately 8.8% of Entrust Global Partners L L C’s holdings, making the stock its 3rd biggest position. Entrust Global Partners L L C owned 0.17% of flyExclusive as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Axxcess Wealth Management LLC bought a new position in shares of flyExclusive in the 1st quarter worth about $47,000. Raymond James Financial Inc. bought a new stake in flyExclusive during the 4th quarter valued at about $64,000. Finally, Citadel Advisors LLC bought a new stake in flyExclusive during the 4th quarter valued at about $70,000. 12.99% of the stock is currently owned by institutional investors.

flyExclusive Stock Performance

NYSE:FLYX opened at $4.29 on Tuesday. The firm has a market cap of $343.76 million, a P/E ratio of -3.90 and a beta of 0.20. flyExclusive, Inc. has a fifty-two week low of $1.79 and a fifty-two week high of $4.95. The firm has a 50-day simple moving average of $2.96 and a two-hundred day simple moving average of $2.97.

flyExclusive Profile

flyExclusive, Inc, through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services.