Inspirato Incorporated (NASDAQ:ISPO) Major Shareholder Sells $16,950.00 in Stock

Inspirato Incorporated (NASDAQ:ISPO) major shareholder Brent L. Handler sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $16,950.00. Following the sale, the insider now directly owns 76,471 shares of the company’s stock, valued at approximately $259,236.69. This trade represents a 6.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Inspirato Stock Performance

ISPO traded up $0.02 during trading on Thursday, reaching $3.58. 16,366 shares of the company’s stock were exchanged, compared to its average volume of 224,361. The company’s fifty day moving average price is $3.73 and its 200-day moving average price is $3.94. The firm has a market capitalization of $38.72 million, a PE ratio of -0.81 and a beta of -0.14. Inspirato Incorporated has a fifty-two week low of $3.11 and a fifty-two week high of $9.31.

Inspirato (NASDAQ:ISPO) last issued its earnings results on Monday, October 28th. The company reported ($2.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28). The business had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same quarter in the prior year, the business posted ($6.26) EPS. Research analysts forecast that Inspirato Incorporated will post -2.35 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. purchased a new position in shares of Inspirato Incorporated (NASDAQ:ISPO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned approximately 5.57% of Inspirato as of its most recent SEC filing. Institutional investors own 39.54% of the company’s stock.

Inspirato Company Profile

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.