Inspirato (NASDAQ:ISPO) Trading Up 9.2% – Here’s Why

Inspirato Incorporated (NASDAQ:ISPO) shares traded up 9.2% on Monday . The company traded as high as $7.17 and last traded at $6.99. 147,034 shares traded hands during mid-day trading, an increase of 167% from the average session volume of 55,020 shares. The stock had previously closed at $6.40.

Inspirato Stock Down 8.3 %

The firm has a market cap of $66.48 million, a price-to-earnings ratio of -1.40 and a beta of -0.11. The business’s 50-day simple moving average is $4.00 and its two-hundred day simple moving average is $4.04.

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

Insider Buying and Selling at Inspirato

In other news, CEO Payam Zamani bought 20,420 shares of Inspirato stock in a transaction on Monday, November 18th. The stock was acquired at an average price of $3.49 per share, with a total value of $71,265.80. Following the completion of the acquisition, the chief executive officer now directly owns 1,090,420 shares of the company’s stock, valued at $3,805,565.80. The trade was a 1.91 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have purchased 970,980 shares of company stock valued at $1,928,666,726,739 and have sold 20,690 shares valued at $73,579. Insiders own 42.00% of the company’s stock.

Institutional Trading of Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. bought a new position in Inspirato Incorporated (NASDAQ:ISPO) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned approximately 5.57% of Inspirato at the end of the most recent reporting period. Hedge funds and other 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.