LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Stock Has Average Price Target of $10.75 According to Analysts

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

A number of analysts have recently weighed in on the company. Zacks Research lowered LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 16th. TD Cowen lifted their target price on shares of LuxExperience B.V. from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Thursday, September 24th. B. Riley Financial upped their price target on shares of LuxExperience B.V. from $12.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, September 17th. Wall Street Zen raised shares of LuxExperience B.V. from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 19th. Finally, JPMorgan Chase & Co. raised their price target on shares of LuxExperience B.V. from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, September 17th.

LuxExperience B.V. Price Performance

Shares of LuxExperience B.V. stock opened at $10.34 on Monday. 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 business’s 50 day simple moving average is $8.34 and its two-hundred day simple moving average is $8.09. The stock has a market capitalization of $885.71 million, a P/E ratio of -7.23 and a beta of 1.02. LuxExperience B.V. has a one year low of $6.54 and a one year high of $11.38.

Insider Activity at LuxExperience B.V.

In other news, CEO Michael Kliger sold 75,412 shares of the stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $10.02, for a total transaction of $755,628.24. Following the completion of the sale, the chief executive officer directly owned 75,412 shares in the company, valued at approximately $755,628.24. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 151,420 shares of company stock worth $1,521,789 over the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Stoic Point Capital Management LLC raised its position in LuxExperience B.V. by 58.8% during the 1st 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 during the last quarter. Nixon Capital LLC purchased a new stake in LuxExperience B.V. in the 4th quarter worth approximately $10,711,000. Capricorn Fund Managers Ltd grew its position in shares of LuxExperience B.V. by 35.5% in the 1st quarter. Capricorn Fund Managers Ltd now owns 1,023,172 shares of the company’s stock worth $8,155,000 after buying an additional 268,263 shares during the last quarter. Luxor Capital Group LP grew its position in shares of LuxExperience B.V. by 11.9% in the 1st quarter. Luxor Capital Group LP now owns 920,435 shares of the company’s stock worth $7,363,000 after buying an additional 98,200 shares during the last quarter. Finally, DJE Kapital AG purchased a new position in shares of LuxExperience B.V. during the first quarter valued at approximately $6,119,000. Hedge funds and other institutional investors own 10.07% of the company’s stock.

About LuxExperience B.V.

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.