Insider Selling: Inspirato Incorporated (NASDAQ:ISPO) Major Shareholder Sells 5,000 Shares of 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 Monday, December 9th. The shares were sold at an average price of $3.54, for a total transaction of $17,700.00. Following the sale, the insider now owns 86,471 shares in the company, valued at $306,107.34. This represents a 5.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Inspirato Stock Performance

Inspirato stock opened at $3.31 on Wednesday. The firm has a market cap of $35.80 million, a PE ratio of -0.75 and a beta of -0.14. The firm’s 50 day moving average price is $3.74 and its two-hundred day moving average price is $3.94. Inspirato Incorporated has a twelve month low of $3.11 and a twelve month high of $9.31.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. acquired a new stake in Inspirato Incorporated (NASDAQ:ISPO) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 filing with the SEC. Institutional investors own 39.54% 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.