LuxExperience B.V. – Sponsored ADR (LUXE) – What Are Analysts Thinking About This Stock?

Shares of LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) have been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $11.18.

Several research firms have weighed in on LUXE. 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. JPMorgan Chase & Co. increased their price objective on shares of LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Thursday, September 17th. 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. Wall Street Zen upgraded LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. Finally, B. Riley Financial upped their target price on LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, September 17th.

LuxExperience B.V. Stock Performance

LUXE stock opened at $10.24 on Monday. The company has a current ratio of 2.20, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The firm has a market cap of $877.57 million, a P/E ratio of -7.16 and a beta of 1.02. LuxExperience B.V. has a 12-month low of $6.54 and a 12-month high of $11.38. The stock’s 50 day simple moving average is $8.44 and its 200 day simple moving average is $8.13.

Insider Transactions at LuxExperience B.V.

In other news, CEO Michael Kliger sold 65,279 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $10.03, for a total transaction of $654,748.37. Following the completion of the transaction, the chief executive officer owned 119,263 shares of the company’s stock, valued at approximately $1,196,207.89. The trade was a 35.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders sold 335,962 shares of company stock valued at $3,373,938 in the last quarter. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of 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 purchasing an additional 1,561 shares during the period. Solas Capital Management LLC acquired a new position in LuxExperience B.V. during the 2nd quarter worth $2,560,000. Engineers Gate Manager LP grew its stake in shares of LuxExperience B.V. by 212.2% in the second quarter. Engineers Gate Manager LP now owns 65,245 shares of the company’s stock worth $485,000 after purchasing an additional 44,345 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of LuxExperience B.V. by 2,291.9% during the first quarter. Bank of America Corp DE now owns 17,054 shares of the company’s stock valued at $136,000 after purchasing an additional 16,341 shares during the period. Finally, Stoic Point Capital Management LLC raised its stake in shares of LuxExperience B.V. by 58.8% during 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 purchasing an additional 607,240 shares in the last quarter. 10.07% of the stock is owned by institutional investors and hedge funds.

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.