Key Points
- CEO Michael Kliger sold 73,410 shares of LuxExperience at an average price of $10.08, totaling approximately $739,973 and reducing his position by 50%.
- Kliger also sold 2,598 shares on October 2 and 75,412 shares on September 18, indicating more than $1.5 million in insider sales across the reported transactions.
- Analyst sentiment is mixed, with two Buy, two Hold, and two Sell ratings; the stock has a consensus Hold rating and an average price target of $10.75.
LuxExperience B.V. - Sponsored ADR (NYSE:LUXE - Get Free Report) CEO Michael Kliger sold 2,598 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $10.08, for a total transaction of $26,187.84. Following the transaction, the chief executive officer owned 73,410 shares in the company, valued at approximately $739,972.80. The trade was a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Michael Kliger also recently made the following trade(s):
- On Thursday, October 1st, Michael Kliger sold 73,410 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.08, for a total transaction of $739,972.80.
- On Friday, September 18th, Michael Kliger sold 75,412 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.02, for a total transaction of $755,628.24.
LuxExperience B.V. Stock Performance
Shares of LUXE stock opened at $9.74 on Tuesday. 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 $834.71 million, a price-to-earnings ratio of -6.81 and a beta of 1.02. LuxExperience B.V. - Sponsored ADR has a one year low of $6.54 and a one year high of $11.38. The company has a 50 day moving average price of $8.27 and a 200 day moving average price of $8.06.
Analyst Ratings Changes
A number of analysts have recently commented on LUXE shares. Weiss Ratings downgraded LuxExperience B.V. from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, September 25th. Zacks Research downgraded LuxExperience B.V. from a "hold" rating to a "strong sell" rating in a research report on Wednesday, September 16th. JPMorgan Chase & Co. upped their price target on LuxExperience B.V. from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Thursday, September 17th. B. Riley Financial raised their price objective on LuxExperience B.V. from $12.00 to $13.00 and gave the stock a "buy" rating in a report on Thursday, September 17th. Finally, Wall Street Zen raised LuxExperience B.V. from a "strong sell" rating to a "sell" rating in a research note on Saturday, September 19th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $10.75.
View Our Latest Analysis on LUXE
Institutional Investors Weigh In On LuxExperience B.V.
Large investors have recently made changes to their positions in the business. Solas Capital Management LLC acquired a new position in shares of LuxExperience B.V. during the 2nd quarter valued at $2,560,000. DJE Kapital AG purchased a new stake in shares of LuxExperience B.V. in the first quarter worth about $6,119,000. Stoic Point Capital Management LLC grew its stake in shares of LuxExperience B.V. by 58.8% in 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 buying an additional 607,240 shares in the last quarter. Luxor Capital Group LP grew its stake in shares of LuxExperience B.V. by 11.9% in the first quarter. Luxor Capital Group LP now owns 920,435 shares of the company's stock valued at $7,363,000 after buying an additional 98,200 shares in the last quarter. Finally, Nixon Capital LLC purchased a new stake in shares of LuxExperience B.V. during the 4th quarter valued at about $10,711,000. Institutional investors and hedge funds own 10.07% of the company's stock.
About LuxExperience B.V.
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
