LuxExperience B.V. (NYSE:LUXE) CEO Sells $142,448.64 in Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 13,911 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $10.24, for a total transaction of $142,448.64. Following the completion of the sale, the chief executive officer owned 58,714 shares in the company, valued at $601,231.36. The trade was a 19.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through 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 shares were sold at an average price of $10.08, for a total value 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 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 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 shares were 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 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. Stock Up 2.6%

Shares of LuxExperience B.V. stock opened at $9.55 on Friday. The business’s fifty day moving average price is $8.54 and its two-hundred day moving average price is $8.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.20 and a quick ratio of 0.79. The company has a market capitalization of $818.35 million, a P/E ratio of -6.68 and a beta of 1.02. LuxExperience B.V. – Sponsored ADR has a 1-year low of $6.54 and a 1-year high of $11.38.

Institutional Investors Weigh In On LuxExperience B.V.

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in shares of LuxExperience B.V. by 59.3% in the 3rd 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 increased its stake in 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 worth $136,000 after purchasing an additional 16,341 shares in the last quarter. Engineers Gate Manager LP raised its holdings in LuxExperience B.V. by 212.2% during the 2nd quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after buying an additional 44,345 shares during the period. Sanctuary Advisors LLC acquired a new stake in LuxExperience B.V. during the 1st quarter worth about $635,000. Finally, Royal Bank of Canada raised its holdings in LuxExperience B.V. by 12.0% during the 1st quarter. Royal Bank of Canada now owns 127,621 shares of the company’s stock worth $1,020,000 after buying an additional 13,664 shares during the period. 10.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen raised LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. TD Cowen lifted their price objective on shares of LuxExperience B.V. from $9.00 to $11.00 and gave the company a “buy” rating in a research note on Thursday, September 24th. B. Riley Financial upped their price objective on shares of LuxExperience B.V. from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, September 17th. Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 16th. Finally, Sanford C. Bernstein assumed coverage on shares of LuxExperience B.V. in a research note on Tuesday, October 6th. They set an “outperform” rating and a $12.90 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.18.

About LuxExperience B.V.

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.