Ck Wheels LLC Sells Shares of Wheels Up Experience Inc.

Ck Wheels LLC recently sold 4,021 shares of Wheels Up Experience Inc. (NYSE: UP) on June 16, 2026. The transaction was valued at $32,771, with an average sale price of $8.15 per share.

Wheels Up Experience Inc. Stock Up 58.1%

Shares of Wheels Up Experience Inc., trading on the NYSE under the ticker UP, recently hovered around $7.73. The company has a market capitalization of approximately $273 million and a beta of 2.069, indicating higher volatility compared to the broader market. Over the past year, the stock has seen a wide range, with a 52-week low of $4.69 and a high of $70. The stock's 50-day moving average is $7.49, while the 200-day moving average stands at $18.18.

Recent Earnings

Wheels Up Experience Inc. reported revenue of $727.9 million, although it faced a revenue decline of 4.8%. The company recorded a negative net margin of 38.2%, reflecting ongoing challenges in achieving profitability. The next earnings report is anticipated on August 6, 2026.

About Wheels Up Experience Inc.

Wheels Up Experience Inc. provides on-demand private aviation services across the United States and internationally. The company offers a membership program for private flyers and charter solutions without upfront costs. It also provides cargo flights, government and defense solutions, and maintenance services. Founded in 2013, the company is headquartered in Chamblee, Georgia, and led by CEO George Nathaniel Mattson. It employs approximately 1,247 people.

Bottom Line

Ck Wheels LLC's recent sale of Wheels Up shares is a notable transaction, reflecting the insider's decision to reduce their holdings. Investors keep an eye on such transactions for insights into insider sentiment. However, it's important to remember that these trades are backward-looking and may not indicate current or future positions. Wheels Up continues to face challenges in the private aviation sector, as demonstrated by its recent earnings performance.