Inspirato Incorporated (NASDAQ:ISPO) Major Shareholder Sells $16,950.00 in Stock

Inspirato Incorporated (NASDAQ:ISPO) major shareholder Brent L. Handler sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $16,950.00. Following the transaction, the insider now directly owns 76,471 shares of the company’s stock, valued at approximately $259,236.69. This represents a 6.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Inspirato Price Performance

Inspirato stock opened at $3.57 on Friday. Inspirato Incorporated has a fifty-two week low of $3.11 and a fifty-two week high of $9.31. The firm has a fifty day moving average price of $3.72 and a two-hundred day moving average price of $3.94.

Inspirato (NASDAQ:ISPO) last announced its quarterly earnings data on Monday, October 28th. The company reported ($2.05) EPS for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28). The firm had revenue of $69.11 million for the quarter, compared to analyst estimates of $64.94 million. During the same period in the prior year, the company earned ($6.26) earnings per share. Analysts forecast 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 shares of Inspirato Incorporated (NASDAQ:ISPO) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned about 5.57% of Inspirato as of its most recent filing with the Securities & Exchange Commission. 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.