Inspirato (NASDAQ:ISPO) Posts Quarterly Earnings Results, Misses Expectations By $0.28 EPS

Inspirato (NASDAQ:ISPO) posted its earnings results on Monday. The company reported ($2.05) EPS for the quarter, missing the consensus estimate of ($1.77) by ($0.28), Zacks reports. The business had revenue of $69.11 million for the quarter, compared to analysts’ expectations of $64.94 million. During the same period last year, the business posted ($6.26) EPS.

Inspirato Stock Down 2.9 %

NASDAQ:ISPO traded down $0.11 during trading hours on Wednesday, reaching $3.72. 34,207 shares of the company’s stock were exchanged, compared to its average volume of 251,443. The company has a market capitalization of $24.85 million, a P/E ratio of -0.39 and a beta of -0.17. Inspirato has a 12 month low of $3.11 and a 12 month high of $9.31. The business’s 50-day simple moving average is $4.11 and its two-hundred day simple moving average is $4.02.

Insider Activity at Inspirato

In other news, major shareholder Brent L. Handler sold 41,536 shares of the firm’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 $166,144.00. Following the transaction, the insider now owns 96,471 shares in the company, valued at approximately $385,884. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Brent L. Handler sold 41,536 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were 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 $385,884. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder One Planet Group Llc purchased 1,335,271 shares of Inspirato stock in a transaction dated Tuesday, August 13th. The shares were acquired at an average cost of $3.43 per share, with a total value of $4,579,979.53. Following the transaction, the insider now directly owns 1,335,271 shares in the company, valued at approximately $4,579,979.53. The disclosure for this purchase can be found here. 42.00% of the stock is owned by insiders.

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.