Inspirato (NASDAQ:ISPO) Shares Down 3.3% – Here’s Why

Inspirato Incorporated (NASDAQ:ISPO)’s stock price was down 3.3% during trading on Monday . The company traded as low as $4.05 and last traded at $4.35. Approximately 29,760 shares traded hands during trading, a decline of 87% from the average daily volume of 222,303 shares. The stock had previously closed at $4.50.

Inspirato Stock Performance

The stock’s 50 day moving average is $4.67 and its two-hundred day moving average is $4.17. The stock has a market capitalization of $47.69 million, a PE ratio of -1.00 and a beta of 0.02.

Inspirato (NASDAQ:ISPO) last posted its quarterly earnings results on Monday, February 24th. The company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($1.09) by $0.88. The business had revenue of $63.11 million during the quarter, compared to analyst estimates of $58.34 million. Equities research analysts expect that Inspirato Incorporated will post -2.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its holdings in Inspirato by 36.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 111,434 shares of the company’s stock worth $370,000 after buying an additional 30,028 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Inspirato by 39.1% in the 4th quarter. Geode Capital Management LLC now owns 37,781 shares of the company’s stock worth $125,000 after acquiring an additional 10,612 shares during the period. Finally, AdvisorShares Investments LLC bought a new position in Inspirato during the fourth quarter valued at about $40,000. 39.54% of the stock is currently 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.