LuxExperience B.V. (NYSE:LUXE) CEO Michael Kliger Sells 8,460 Shares of Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 8,460 shares of LuxExperience B.V. stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $10.08, for a total transaction of $85,276.80. Following the completion of the transaction, the chief executive officer directly owned 8,460 shares in the company, valued at $85,276.80. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, October 13th, Michael Kliger sold 814 shares of LuxExperience B.V. stock. The shares were sold at an average price of $10.00, for a total transaction 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 value 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 value of $1,197,400.52.
• On Wednesday, October 7th, Michael Kliger sold 65,279 shares of LuxExperience B.V. stock. The shares were 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 stock was sold at an average price of $10.02, for a total value of $755,628.24.

LuxExperience B.V. Price Performance

LuxExperience B.V. stock opened at $9.55 on Friday. 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 52 week low of $6.54 and a 52 week high of $11.38. The stock has a market capitalization of $818.35 million, a P/E ratio of -6.68 and a beta of 1.02. The stock has a fifty day moving average of $8.54 and a 200-day moving average of $8.17.

Institutional Investors Weigh In On LuxExperience B.V.

A number of institutional investors have recently made changes to their positions in LUXE. DJE Kapital AG acquired a new stake in shares of LuxExperience B.V. in the first quarter valued at about $6,119,000. Stoic Point Capital Management LLC lifted 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 worth $13,124,000 after acquiring an additional 607,240 shares during the period. Solas Capital Management LLC acquired a new position in shares of LuxExperience B.V. in the second quarter worth approximately $2,560,000. Capricorn Fund Managers Ltd lifted its stake in shares of 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 worth $8,155,000 after acquiring an additional 268,263 shares during the period. Finally, Luxor Capital Group LP boosted its holdings in 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 acquiring an additional 98,200 shares during the last quarter. Institutional investors own 10.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LUXE. JPMorgan Chase & Co. lifted their target price on LuxExperience B.V. from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Thursday, September 17th. Weiss Ratings raised shares of LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Sanford C. Bernstein assumed coverage on shares of LuxExperience B.V. in a report on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 target price for the company. Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. Finally, Wall Street Zen raised shares of LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, LuxExperience B.V. presently has an average rating of “Hold” and a consensus price target of $11.18.

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.