Brent L. Handler Sells 41,536 Shares of Inspirato Incorporated (NASDAQ:ISPO) Stock

Posted by Jeff Wilder on Sep 30th, 2024

Inspirato Incorporated (NASDAQ:ISPO – Get Free Report) major shareholder Brent L. Handler sold 41,536 shares of the stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total transaction of $166,144.00. Following the transaction, the insider now owns 96,471 shares of the company’s stock, valued at $385,884. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Inspirato Stock Performance

NASDAQ:ISPO opened at $4.01 on Monday. Inspirato Incorporated has a 52-week low of $3.11 and a 52-week high of $12.80. The company has a market cap of $26.25 million, a P/E ratio of -0.28 and a beta of -0.17. The stock’s 50-day simple moving average is $4.31 and its 200 day simple moving average is $4.01.

Inspirato (NASDAQ:ISPO – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($2.25) earnings per share for the quarter, missing the consensus estimate of ($2.05) by ($0.20). The business had revenue of $67.38 million during the quarter, compared to analysts’ expectations of $69.94 million. As a group, equities analysts predict that Inspirato Incorporated will post -5.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. bought a new stake in Inspirato Incorporated (NASDAQ:ISPO – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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 and Exchange Commission. 39.54% of the stock is currently owned by hedge funds and other institutional investors.

Inspirato Company Profile

(Get Free Report)

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.