Inspirato (NASDAQ:ISPO) Announces Quarterly Earnings Results

Inspirato (NASDAQ:ISPO) released its quarterly earnings data on Monday. The company reported ($2.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28), Zacks reports. The firm had revenue of $69.11 million during the quarter, compared to the consensus estimate of $64.94 million. During the same period last year, the firm posted ($6.26) earnings per share.

Inspirato Price Performance

Shares of Inspirato stock opened at $3.83 on Wednesday. The business has a fifty day simple moving average of $4.11 and a two-hundred day simple moving average of $4.02. Inspirato has a 1 year low of $3.11 and a 1 year high of $9.31. The company has a market capitalization of $25.58 million, a price-to-earnings ratio of -0.39 and a beta of -0.17.

Insider Buying and Selling at Inspirato

In related news, major shareholder One Planet Group Llc bought 1,335,271 shares of Inspirato stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $3.43 per share, with a total value of $4,579,979.53. Following the acquisition, the insider now owns 1,335,271 shares of the company’s stock, valued at approximately $4,579,979.53. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, major shareholder One Planet Group Llc acquired 1,335,271 shares of the stock in a transaction on Tuesday, August 13th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $4,579,979.53. Following the transaction, the insider now directly owns 1,335,271 shares of the company’s stock, valued at approximately $4,579,979.53. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Payam Zamani bought 1,580,180 shares of Inspirato stock in a transaction dated Friday, September 13th. The stock was acquired at an average cost of $5,420,020.00 per share, with a total value of $8,564,607,203,600.00. Following the transaction, the chief executive officer now owns 2,795,451 shares of the company’s stock, valued at $15,151,400,329,020. This trade represents a 100.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 42.00% 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.