Brent L. Handler Sells 5,000 Shares of Inspirato Incorporated (NASDAQ:ISPO) Stock

Inspirato Incorporated (NASDAQ:ISPO) major shareholder Brent L. Handler sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $16,950.00. Following the completion of the transaction, the insider now owns 76,471 shares of the company’s stock, valued at $259,236.69. This represents a 6.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 Up 0.6 %

Shares of Inspirato stock opened at $3.58 on Friday. The firm’s 50 day moving average price is $3.73 and its 200-day moving average price is $3.94. Inspirato Incorporated has a 52-week low of $3.11 and a 52-week high of $9.31.

Inspirato (NASDAQ:ISPO) last released its quarterly earnings results on Monday, October 28th. The company reported ($2.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.77) by ($0.28). The business had revenue of $69.11 million for the quarter, compared to analyst estimates of $64.94 million. During the same quarter in the prior year, the company earned ($6.26) earnings per share. On average, equities research analysts forecast 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. acquired a new stake in Inspirato Incorporated (NASDAQ:ISPO) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 SEC filing. Institutional investors and hedge funds own 39.54% 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.