Inspirato Incorporated (NASDAQ:ISPO) Short Interest Down 10.7% in December

Inspirato Incorporated (NASDAQ:ISPO) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 133,000 shares, a decline of 10.7% from the November 30th total of 149,000 shares. Currently, 4.3% of the company’s shares are short sold. Based on an average trading volume of 43,200 shares, the short-interest ratio is currently 3.1 days.

Inspirato Trading Down 4.8 %

Shares of ISPO stock traded down $0.17 during trading hours on Monday, hitting $3.38. 64,028 shares of the company were exchanged, compared to its average volume of 217,630. Inspirato has a 52 week low of $3.11 and a 52 week high of $9.31. The business has a 50 day moving average of $3.58 and a two-hundred day moving average of $3.89. The company has a market capitalization of $36.55 million, a PE ratio of -0.77 and a beta of -0.14.

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

Insiders Place Their Bets

In related news, CEO Payam Zamani bought 728,863 shares of the company’s stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of $2,500,000.00 per share, for a total transaction of $1,822,157,500,000.00. Following the acquisition, the chief executive officer now owns 3,524,314 shares of the company’s stock, valued at approximately $8,810,785,000,000. This represents a 26.07 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders have acquired 970,980 shares of company stock worth $1,928,666,726,739 and have sold 20,690 shares worth $73,579. Corporate insiders own 42.00% of the company’s stock.

Institutional Investors Weigh In On Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. acquired a new stake in Inspirato Incorporated (NASDAQ:ISPO) during the second quarter, according to its most recent filing with the Securities & 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. 39.54% of the stock is owned by hedge funds and other institutional investors.

Inspirato Company Profile

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.