Inspirato Incorporated (NASDAQ:ISPO) Major Shareholder Sells $17,700.00 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 Monday, December 9th. The shares were sold at an average price of $3.54, for a total value of $17,700.00. Following the completion of the transaction, the insider now directly owns 86,471 shares of the company’s stock, valued at $306,107.34. The trade was a 5.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Inspirato Price Performance

Shares of Inspirato stock opened at $3.58 on Friday. Inspirato Incorporated has a 12 month low of $3.11 and a 12 month high of $9.31. The business has a 50 day simple moving average of $3.73 and a two-hundred day simple moving average of $3.94.

Inspirato (NASDAQ:ISPO) last issued its quarterly earnings data 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 company had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same period last year, the firm earned ($6.26) earnings per share. On average, research analysts predict that Inspirato Incorporated will post -2.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Inspirato

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. bought a new position in shares of Inspirato Incorporated (NASDAQ:ISPO) during the 2nd quarter, according to the company in 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 as of its most recent filing with the SEC. 39.54% of the stock is currently owned by hedge funds and other institutional investors.

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.