LuxExperience B.V. (NYSE:LUXE) Stock: Insider Michael Kliger Sells 58,714 Shares

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE – Get Free Report) CEO Michael Kliger sold 58,714 shares of the stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $10.36, for a total transaction of $608,277.04. Following the completion of the transaction, the chief executive officer owned 58,714 shares of the company’s stock, valued at $608,277.04. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • 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 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 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 transaction 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 transaction of $26,187.84.
  • On Thursday, October 1st, Michael Kliger sold 73,410 shares of LuxExperience B.V. stock. The stock was 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 shares were sold at an average price of $10.02, for a total transaction of $755,628.24.

LuxExperience B.V. Trading Down 3.6%

LuxExperience B.V. stock opened at $9.35 on Thursday. LuxExperience B.V. – Sponsored ADR has a 12-month low of $6.54 and a 12-month high of $11.38. 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 stock has a market capitalization of $801.29 million, a PE ratio of -6.54 and a beta of 1.02. The firm has a 50 day simple moving average of $8.51 and a 200-day simple moving average of $8.16.

Wall Street Analyst Weigh In

LUXE has been the subject of a number of research reports. Zacks Research lowered LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. JPMorgan Chase & Co. lifted their price target 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. Sanford C. Bernstein initiated coverage on LuxExperience B.V. in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $12.90 price objective on the stock. B. Riley Financial boosted their price objective on LuxExperience B.V. from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, September 17th. Finally, TD Cowen upped their price objective on 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 issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.18.

View Our Latest Report on LuxExperience B.V.

Hedge Funds Weigh In On LuxExperience B.V.

Several large investors have recently made changes to their positions in the business. Solas Capital Management LLC acquired a new position in shares of LuxExperience B.V. in the 2nd quarter worth approximately $2,560,000. Stoic Point Capital Management LLC raised its holdings 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 worth $13,124,000 after purchasing an additional 607,240 shares in the last quarter. DJE Kapital AG acquired a new stake in LuxExperience B.V. during the first quarter valued at approximately $6,119,000. Luxor Capital Group LP lifted its stake 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 valued at $7,363,000 after purchasing an additional 98,200 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in LuxExperience B.V. during the first quarter valued at approximately $635,000. Institutional investors own 10.07% of the company’s stock.

LuxExperience B.V. Company Profile

(Get Free Report)

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.

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