LuxExperience B.V. (NYSE:LUXE) CEO Michael Kliger Sells 13,911 Shares of Company Stock

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) CEO Michael Kliger sold 13,911 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $10.24, for a total transaction of $142,448.64. Following the transaction, the chief executive officer directly owned 58,714 shares in the company, valued at $601,231.36. The trade was a 19.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, October 8th, Michael Kliger sold 58,714 shares of LuxExperience B.V. stock. The shares were 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 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 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 Down 2.3%

Shares of LUXE stock opened at $9.72 on Wednesday. The stock’s 50 day simple moving average is $8.49 and its 200 day simple moving average is $8.15. 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 debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 2.20. The company has a market capitalization of $833.00 million, a price-to-earnings ratio of -6.80 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LUXE. Solas Capital Management LLC bought a new stake in shares of LuxExperience B.V. in the second quarter valued at approximately $2,560,000. DJE Kapital AG acquired a new stake in shares of LuxExperience B.V. in the first quarter worth $6,119,000. Stoic Point Capital Management LLC grew 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 last quarter. Luxor Capital Group LP increased its position in 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 acquiring an additional 98,200 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in LuxExperience B.V. during the first quarter worth $635,000. 10.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LUXE shares. Sanford C. Bernstein began coverage on shares of LuxExperience B.V. in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 target price on the stock. Wall Street Zen upgraded shares of LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. Weiss Ratings raised shares of LuxExperience B.V. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. B. Riley Financial boosted their target price on shares of LuxExperience B.V. from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, September 17th. Finally, TD Cowen upped their price target on shares of LuxExperience B.V. from $9.00 to $11.00 and gave the company a “buy” rating in a report on Thursday, September 24th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price 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.