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 company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $3.58, for a total value of $17,900.00. Following the completion of the transaction, the insider now owns 91,471 shares in the company, valued at $327,466.18. This represents a 5.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Inspirato Stock Performance

ISPO opened at $3.31 on Wednesday. Inspirato Incorporated has a one year low of $3.11 and a one year high of $9.31. The stock has a market capitalization of $35.80 million, a PE ratio of -0.75 and a beta of -0.14. The business’s 50 day moving average price is $3.74 and its 200 day moving average price is $3.94.

Inspirato (NASDAQ:ISPO) last released 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 company had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same quarter in the previous year, the company earned ($6.26) EPS. As a group, equities research analysts forecast that Inspirato Incorporated will post -2.35 earnings per share for the current fiscal year.

Institutional Trading of Inspirato

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. bought a new stake in Inspirato Incorporated (NASDAQ:ISPO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 SEC filing. 39.54% of the stock is owned by hedge funds and other 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.