LuxExperience B.V. (NYSE:LUXE) CEO Michael Kliger Sells 65,279 Shares of Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 65,279 shares of the stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $10.03, for a total value of $654,748.37. Following the transaction, the chief executive officer directly owned 119,263 shares in the company, valued at approximately $1,196,207.89. The trade was a 35.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 transaction of $1,197,400.52.
• 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 transaction 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 Up 1.6%

LuxExperience B.V. stock traded up $0.17 during mid-day trading on Thursday, reaching $10.46. 218,041 shares of the company’s stock were exchanged, compared to its average volume of 248,594. The company has a quick ratio of 0.79, a current ratio of 2.20 and a debt-to-equity ratio of 0.12. LuxExperience B.V. – Sponsored ADR has a twelve month low of $6.54 and a twelve month high of $11.38. The company has a market cap of $896.85 million, a P/E ratio of -7.32 and a beta of 1.02. The company has a fifty day moving average of $8.34 and a 200-day moving average of $8.09.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Stoic Point Capital Management LLC grew its position in shares of LuxExperience B.V. by 58.8% in the 1st 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 during the last quarter. Nixon Capital LLC acquired a new position in LuxExperience B.V. in the fourth quarter valued at $10,711,000. Capricorn Fund Managers Ltd boosted its stake in LuxExperience B.V. by 35.5% in the first quarter. Capricorn Fund Managers Ltd now owns 1,023,172 shares of the company’s stock valued at $8,155,000 after acquiring an additional 268,263 shares in the last quarter. Luxor Capital Group LP grew its holdings in shares of LuxExperience B.V. by 11.9% during the first quarter. Luxor Capital Group LP now owns 920,435 shares of the company’s stock worth $7,363,000 after purchasing an additional 98,200 shares during the last quarter. Finally, DJE Kapital AG acquired a new stake in shares of LuxExperience B.V. during the first quarter worth about $6,119,000. Institutional investors and hedge funds own 10.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LUXE. Zacks Research cut LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. B. Riley Financial lifted their price objective on LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. Weiss Ratings lowered shares of LuxExperience B.V. from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, September 25th. Sanford C. Bernstein began coverage on shares of LuxExperience B.V. in a report on Tuesday. They issued an “outperform” rating and a $12.90 target price on the stock. Finally, TD Cowen lifted their price target on shares of LuxExperience B.V. from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Thursday, September 24th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price 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.