Inspirato (NASDAQ:ISPO) Posts Earnings Results, Misses Estimates By $0.28 EPS

Inspirato (NASDAQ:ISPO) released its earnings results on Monday. The company reported ($2.05) EPS for the quarter, missing the consensus estimate of ($1.77) by ($0.28), Zacks reports. The company had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same period in the prior year, the firm earned ($6.26) EPS.

Inspirato Stock Performance

Inspirato stock traded down $0.04 during trading on Wednesday, hitting $3.79. The company’s stock had a trading volume of 103,347 shares, compared to its average volume of 251,777. The stock has a market capitalization of $25.32 million, a price-to-earnings ratio of -0.39 and a beta of -0.17. The stock’s fifty day moving average is $4.11 and its 200 day moving average is $4.02. Inspirato has a 1-year low of $3.11 and a 1-year high of $9.31.

Insider Activity at Inspirato

In other Inspirato news, CEO Payam Zamani bought 1,580,180 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $5,420,020.00 per share, for a total transaction of $8,564,607,203,600.00. Following the completion of the purchase, the chief executive officer now owns 2,795,451 shares of the company’s stock, valued at $15,151,400,329,020. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Payam Zamani purchased 1,580,180 shares of the stock in a transaction on Friday, September 13th. The stock was purchased at an average price of $5,420,020.00 per share, with a total value of $8,564,607,203,600.00. Following the completion of the transaction, the chief executive officer now owns 2,795,451 shares in the company, valued at approximately $15,151,400,329,020. The trade was a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder One Planet Group Llc purchased 1,335,271 shares of the stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of $3.43 per share, with a total value of $4,579,979.53. Following the transaction, the insider now owns 1,335,271 shares of the company’s stock, valued at $4,579,979.53. The disclosure for this purchase can be found here. Insiders own 42.00% of the company’s stock.

About Inspirato

Inspirato Incorporated, together with its subsidiaries, operates as a subscription-based luxury travel company. The company's portfolio includes luxury vacation homes, and accommodations at luxury hotels and resorts, as well as luxury safaris, cruises, custom-designed itineraries, and other experiences.