Inspirato Incorporated (NASDAQ:ISPO) Short Interest Update

Inspirato Incorporated (NASDAQ:ISPO) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 163,800 shares, an increase of 7.1% from the October 15th total of 153,000 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.5% of the company’s stock are sold short.

Inspirato Trading Down 1.2 %

ISPO stock traded down $0.04 during trading on Monday, reaching $3.39. The stock had a trading volume of 33,385 shares, compared to its average volume of 239,310. The stock’s 50 day moving average is $3.95 and its two-hundred day moving average is $3.98. The firm has a market cap of $36.65 million, a PE ratio of -0.77 and a beta of -0.14. Inspirato has a 52 week low of $3.11 and a 52 week high of $9.31.

Inspirato (NASDAQ:ISPO) last released its earnings results on Monday, October 28th. The company reported ($2.05) earnings per share for the quarter, missing the consensus estimate of ($1.77) by ($0.28). The company had revenue of $69.11 million during the quarter, compared to the consensus estimate of $64.94 million. During the same quarter in the previous year, the business earned ($6.26) EPS. On average, research analysts anticipate that Inspirato will post -2.35 EPS for the current year.

Insider Transactions at Inspirato

In other Inspirato news, CFO Robert Kaiden sold 21,549 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $4.00, for a total transaction of $86,196.00. Following the completion of the sale, the chief financial officer now directly owns 133,861 shares in the company, valued at approximately $535,444. The trade was a 13.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Brent L. Handler sold 41,536 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total value of $166,144.00. Following the completion of the transaction, the insider now owns 96,471 shares in the company, valued at approximately $385,884. This trade represents a 30.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Inspirato

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. purchased a new position in Inspirato Incorporated (NASDAQ:ISPO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned 5.57% of Inspirato at the end of the most recent reporting period. 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.