flyExclusive (NYSE:FLYX) Stock Price Up 6.6% – Time to Buy?

flyExclusive, Inc. (NYSE:FLYX) shot up 6.6% during mid-day trading on Thursday . The stock traded as high as $3.43 and last traded at $3.21. 15,265 shares traded hands during trading, a decline of 40% from the average session volume of 25,549 shares. The stock had previously closed at $3.01.

flyExclusive Stock Down 3.4 %

The business’s fifty day moving average is $3.34 and its two-hundred day moving average is $2.88.

Institutional Investors Weigh In On flyExclusive

Several institutional investors have recently bought and sold shares of FLYX. CastleKnight Management LP grew its position in flyExclusive by 51.6% in the fourth quarter. CastleKnight Management LP now owns 287,118 shares of the company’s stock valued at $904,000 after purchasing an additional 97,705 shares in the last quarter. Citadel Advisors LLC acquired a new stake in flyExclusive in the 4th quarter valued at about $70,000. Finally, Raymond James Financial Inc. bought a new stake in flyExclusive in the fourth quarter valued at approximately $64,000. Institutional investors own 12.99% of the company’s stock.

About flyExclusive

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.