Inspirato (NASDAQ:ISPO) Releases Quarterly Earnings Results

Inspirato (NASDAQ:ISPO) announced its earnings results on Monday. The company reported ($2.05) earnings per share for the quarter, missing the consensus estimate of ($1.77) by ($0.28), Zacks reports. 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 business earned ($6.26) EPS.

Inspirato Stock Down 1.0 %

Shares of Inspirato stock traded down $0.04 during trading on Wednesday, reaching $3.79. The company’s stock had a trading volume of 103,347 shares, compared to its average volume of 251,777. Inspirato has a 12-month low of $3.11 and a 12-month high of $9.31. The company has a market capitalization of $25.32 million, a P/E ratio of -0.39 and a beta of -0.17. The business has a 50 day moving average price of $4.11 and a 200-day moving average price of $4.02.

Insider Activity at Inspirato

In related news, CFO Robert Kaiden sold 21,549 shares of Inspirato stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total value of $86,196.00. Following the sale, the chief financial officer now directly owns 133,861 shares in the company, valued at $535,444. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Payam Zamani acquired 1,580,180 shares of Inspirato 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, with a total value of $8,564,607,203,600.00. Following the completion of the acquisition, the chief executive officer now owns 2,795,451 shares in the company, valued at $15,151,400,329,020. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Robert Kaiden sold 21,549 shares of Inspirato stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total value of $86,196.00. Following the transaction, the chief financial officer now directly owns 133,861 shares of the company’s stock, valued at approximately $535,444. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 42.00% 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.