Inspirato (NASDAQ:ISPO) Releases Earnings Results, Misses Estimates By $0.28 EPS

Inspirato (NASDAQ:ISPO) announced its earnings results on Monday. The company reported ($2.05) EPS for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28), Zacks reports. The business 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 business posted ($6.26) EPS.

Inspirato Price Performance

Shares of NASDAQ ISPO traded down $0.11 during midday trading on Wednesday, reaching $3.72. 34,207 shares of the company traded hands, compared to its average volume of 251,443. The company has a market cap of $24.85 million, a price-to-earnings ratio of -0.39 and a beta of -0.17. The stock has a 50-day moving average price of $4.11 and a 200 day moving average price of $4.02. Inspirato has a 52 week low of $3.11 and a 52 week high of $9.31.

Insider Buying and Selling

In other news, major shareholder Brent L. Handler sold 41,536 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total transaction of $166,144.00. Following the sale, the insider now owns 96,471 shares in the company, valued at approximately $385,884. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, major shareholder Brent L. Handler sold 41,536 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $4.00, for a total transaction of $166,144.00. Following the completion of the transaction, the insider now directly owns 96,471 shares in the company, valued at $385,884. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Payam Zamani purchased 1,580,180 shares of the stock in a transaction on Friday, September 13th. The stock was bought at an average cost of $5,420,020.00 per share, for a total transaction of $8,564,607,203,600.00. Following the completion of the acquisition, the chief executive officer now owns 2,795,451 shares in the company, valued at approximately $15,151,400,329,020. This trade represents a 100.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 42.00% of the company’s stock.

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.