Inspirato Incorporated (NASDAQ:ISPO) CEO Buys $134,815.00 in Stock

Inspirato Incorporated (NASDAQ:ISPO) CEO Payam Zamani bought 29,500 shares of Inspirato stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of $4.57 per share, with a total value of $134,815.00. Following the completion of the acquisition, the chief executive officer now owns 1,140,000 shares of the company’s stock, valued at $5,209,800. This represents a 2.66 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Inspirato Stock Performance

Inspirato stock traded down $0.09 during midday trading on Tuesday, reaching $4.05. 14,765 shares of the stock were exchanged, compared to its average volume of 221,157. Inspirato Incorporated has a 52 week low of $3.11 and a 52 week high of $9.31. The firm has a market cap of $43.80 million, a PE ratio of -0.92 and a beta of 0.02. The company’s fifty day moving average is $4.47 and its 200-day moving average is $4.17.

Inspirato (NASDAQ:ISPO) last released its earnings results on Monday, February 24th. The company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.09) by $0.88. The company had revenue of $63.11 million during the quarter, compared to the consensus estimate of $58.34 million. On average, sell-side analysts anticipate that Inspirato Incorporated will post -2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ISPO. Geode Capital Management LLC increased its position in shares of Inspirato by 39.1% during the fourth quarter. Geode Capital Management LLC now owns 37,781 shares of the company’s stock valued at $125,000 after buying an additional 10,612 shares during the period. AdvisorShares Investments LLC bought a new position in shares of Inspirato in the 4th quarter worth approximately $40,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Inspirato by 36.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 111,434 shares of the company’s stock valued at $370,000 after purchasing an additional 30,028 shares during the period. 39.54% of the stock is currently owned by institutional investors.

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.