LuxExperience B.V. (NYSE:LUXE) Stock: Insider Michael Kliger Sells 8,460 Shares

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 8,460 shares of LuxExperience B.V. stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $10.08, for a total value of $85,276.80. Following the transaction, the chief executive officer directly owned 8,460 shares in the company, valued at $85,276.80. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Tuesday, October 13th, Michael Kliger sold 814 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.00, for a total value of $8,140.00.
• On Friday, October 9th, Michael Kliger sold 13,911 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.24, for a total value of $142,448.64.
• 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 value 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. Trading Down 0.3%

LUXE stock traded down $0.03 during trading on Friday, hitting $9.51. The company had a trading volume of 128,334 shares, compared to its average volume of 253,838. The business has a 50-day moving average of $8.57 and a 200-day moving average of $8.18. LuxExperience B.V. – Sponsored ADR has a one year low of $6.54 and a one year high of $11.38. The stock has a market cap of $815.01 million, a PE ratio of -6.65 and a beta of 1.02. The company has a current ratio of 2.20, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.

Institutional Investors Weigh In On LuxExperience B.V.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in shares of LuxExperience B.V. by 59.3% during the third quarter. GAMMA Investing LLC now owns 4,194 shares of the company’s stock valued at $42,000 after purchasing an additional 1,561 shares during the period. Bank of America Corp DE grew its stake in shares of LuxExperience B.V. by 2,291.9% in the 1st quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock valued at $136,000 after buying an additional 16,341 shares during the period. Engineers Gate Manager LP grew its stake in shares of LuxExperience B.V. by 212.2% in the 2nd quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock valued at $485,000 after buying an additional 44,345 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of LuxExperience B.V. in the 1st quarter valued at about $635,000. Finally, Royal Bank of Canada grew its stake in shares of LuxExperience B.V. by 12.0% in the 1st quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock valued at $1,020,000 after buying an additional 13,664 shares during the period. 10.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LUXE shares. Wall Street Zen upgraded shares of LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 19th. Sanford C. Bernstein assumed coverage on shares of LuxExperience B.V. in a research report on Tuesday, October 6th. They set an “outperform” rating and a $12.90 price objective for the company. Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. Weiss Ratings raised shares of LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. Finally, B. Riley Financial boosted their target price on shares of LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, September 17th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target 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.