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

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

Inspirato Stock Performance

ISPO traded down $0.17 during trading hours on Monday, reaching $3.38. The company’s stock had a trading volume of 64,028 shares, compared to its average volume of 217,630. The company’s 50-day moving average is $3.58 and its 200-day moving average is $3.89. Inspirato has a 52 week low of $3.11 and a 52 week high of $9.31. The firm has a market cap of $36.55 million, a PE ratio of -0.77 and a beta of -0.14.

Inspirato (NASDAQ:ISPO) last posted its earnings results on Monday, October 28th. The company reported ($2.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28). The firm had revenue of $69.11 million during the quarter, compared to the consensus estimate of $64.94 million. During the same period in the prior year, the company earned ($6.26) earnings per share. Equities analysts anticipate that Inspirato will post -2.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Inspirato news, CEO Payam Zamani acquired 20,420 shares of the company’s stock in a transaction on Monday, November 18th. The shares were purchased at an average price of $3.49 per share, for a total transaction of $71,265.80. Following the completion of the purchase, the chief executive officer now directly owns 1,090,420 shares of the company’s stock, valued at approximately $3,805,565.80. This represents a 1.91 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have bought 970,980 shares of company stock valued at $1,928,666,726,739 and have sold 20,690 shares valued at $73,579. 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. bought a new position in shares of Inspirato Incorporated (NASDAQ:ISPO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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.

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.