Inspirato Incorporated (NASDAQ:ISPO) Major Shareholder Brent L. Handler Sells 5,000 Shares of Stock

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

Inspirato Trading Up 0.6 %

Shares of NASDAQ ISPO opened at $3.58 on Friday. Inspirato Incorporated has a 52-week low of $3.11 and a 52-week high of $9.31. The stock has a 50 day moving average price of $3.73 and a 200 day moving average price of $3.94.

Inspirato (NASDAQ:ISPO) last posted its quarterly 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 firm had revenue of $69.11 million during the quarter, compared to analyst estimates of $64.94 million. During the same quarter last year, the firm earned ($6.26) earnings per share. Research analysts predict that Inspirato Incorporated will post -2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. acquired a new stake in shares of Inspirato Incorporated (NASDAQ:ISPO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned 5.57% of Inspirato as of its most recent SEC filing. 39.54% of the stock is owned by hedge funds and other institutional investors.

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.