5 Penny Stocks Poised To Explode

4. Wheels Up Experience Inc. (NYSE:UP)

Number of Hedge Fund Holders: 19

Wheels Up Experience Inc. (NYSE:UP) is an American private aviation services provider. The firm provides a range of services that include membership programs, aircraft management, chartered flights, and aircraft acquisitions and sales. It is headquartered in New York, New York.

Wheels Up Experience Inc. (NYSE:UP) is one of the largest private aviation companies in America. Its portfolio consists of 200 aircraft, and the firm provides access to more than 1,200 third party aircraft as well to its customers. The firm’s second quarter saw its prepaid block package sales grow by a whopping 180% annually and live flight sales grow by another 19% annually.

Wheels Up Experience Inc. (NYSE:UP)’s second quarter revenue of $425 million also blew the analyst consensus estimate of $309 million out of the park. Out of the 895 hedge funds polled by Insider Monkey during this year’s second quarter, 19 had held a stake in the company.

Wheels Up Experience Inc. (NYSE:UP)’s largest investor is Ben Levine, Andrew Manuel, and Stefan Renold’s LMR Partners which owns 1.3 million shares that are worth $2.6 million.