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 company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $3.54, for a total value of $17,700.00. Following the sale, the insider now directly owns 86,471 shares in the company, valued at $306,107.34. This trade represents a 5.47 % 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. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Inspirato Stock Performance

Shares of ISPO opened at $3.58 on Friday. The company’s fifty day moving average is $3.73 and its 200 day moving average is $3.94. Inspirato Incorporated has a fifty-two week low of $3.11 and a fifty-two week high of $9.31.

Inspirato (NASDAQ:ISPO) last released its earnings results 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 firm had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same quarter in the prior year, the company posted ($6.26) earnings per share. As a group, sell-side analysts anticipate that Inspirato Incorporated will post -2.35 earnings per share for the current year.

Institutional Investors Weigh In On Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. purchased a new stake in Inspirato Incorporated (NASDAQ:ISPO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.