LuxExperience B.V. - Sponsored ADR (NYSE:LUXE - Get Free Report) CEO Michael Kliger sold 48,788 shares of the business's stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $10.03, for a total transaction of $489,343.64. Following the completion of the transaction, the chief executive officer directly owned 26,021 shares of the company's stock, valued at approximately $260,990.63. This represents a 65.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Michael Kliger also recently made the following trade(s):
- On Monday, October 12th, Michael Kliger sold 8,460 shares of LuxExperience B.V. stock. The stock was sold at an average price of $10.08, for a total transaction of $85,276.80.
- On Tuesday, October 13th, Michael Kliger sold 814 shares of LuxExperience B.V. stock. The stock was 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 transaction of $142,448.64.
- On Thursday, October 8th, Michael Kliger sold 58,714 shares of LuxExperience B.V. stock. The stock was 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 shares were sold at an average price of $10.04, for a total transaction 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 transaction 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 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 opened at $10.17 on Friday. The company's 50 day simple moving average is $9.13 and its 200 day simple moving average is $8.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 2.20. LuxExperience B.V. - Sponsored ADR has a 1 year low of $6.54 and a 1 year high of $11.38. The company has a market capitalization of $871.83 million, a price-to-earnings ratio of -7.11 and a beta of 1.06.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on LUXE. 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. 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. TD Cowen initiated coverage on shares of LuxExperience B.V. in a report on Friday, October 30th. They issued a "strong-buy" rating for the company. Zacks Research upgraded shares of LuxExperience B.V. from a "strong sell" rating to a "hold" rating in a research note on Thursday, October 15th. Finally, Weiss Ratings upgraded shares of LuxExperience B.V. from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, LuxExperience B.V. presently has an average rating of "Moderate Buy" and a consensus price target of $11.18.
Get Our Latest Stock Report on LUXE
Institutional Investors Weigh In On LuxExperience B.V.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in LuxExperience B.V. by 59.3% in the third quarter. GAMMA Investing LLC now owns 4,194 shares of the company's stock valued at $42,000 after acquiring an additional 1,561 shares during the last quarter. Bank of America Corp DE lifted its position in shares of LuxExperience B.V. by 2,291.9% during 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 in the last quarter. R Squared Ltd purchased a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $187,000. Engineers Gate Manager LP lifted its holdings 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 purchasing an additional 44,345 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of LuxExperience B.V. in the 1st quarter worth approximately $635,000. 10.07% of the stock is owned by institutional investors.
LuxExperience B.V. Company Profile
(
Get Free Report)
LuxExperience B.V. is a global luxury e-commerce company that operates digital platforms serving fashion and lifestyle customers. The company's portfolio includes Mytheresa, NET-A-PORTER, MR PORTER, YOOX and THE OUTNET, offering designer apparel, accessories, jewelry, watches, beauty products and related luxury goods.
Its platforms provide curated selections from luxury and premium brands, combining online retail with services such as editorial content, personalized shopping and customer support.
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