Northland Capmk Predicts Stronger Earnings for Inspirato

Inspirato Incorporated (NASDAQ:ISPO) – Equities research analysts at Northland Capmk boosted their FY2024 earnings estimates for Inspirato in a research report issued on Wednesday, October 30th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($2.35) for the year, up from their previous estimate of ($5.56). The consensus estimate for Inspirato’s current full-year earnings is ($5.56) per share. Northland Capmk also issued estimates for Inspirato’s Q4 2024 earnings at ($1.09) EPS.

Inspirato (NASDAQ:ISPO) last announced its quarterly 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 firm had revenue of $69.11 million for the quarter, compared to analyst estimates of $64.94 million. During the same period in the prior year, the company earned ($6.26) EPS.

Inspirato Trading Down 5.0 %

Shares of Inspirato stock opened at $3.60 on Friday. Inspirato has a fifty-two week low of $3.11 and a fifty-two week high of $9.31. The stock has a 50 day moving average of $4.11 and a 200 day moving average of $4.01.

Insider Buying and Selling at Inspirato

In related news, CEO Payam Zamani acquired 1,580,180 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average price of $5,420,020.00 per share, with a total value of $8,564,607,203,600.00. Following the transaction, the chief executive officer now owns 2,795,451 shares of the company’s stock, valued at approximately $15,151,400,329,020. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Payam Zamani purchased 1,580,180 shares of the stock in a transaction dated Friday, September 13th. The stock was acquired 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 transaction, the chief executive officer now directly owns 2,795,451 shares in the company, valued at approximately $15,151,400,329,020. This represents a 100.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Robert Kaiden sold 21,549 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $4.00, for a total value of $86,196.00. Following the completion of the sale, the chief financial officer now owns 133,861 shares in the company, valued at $535,444. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 42.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. purchased a new stake in Inspirato Incorporated (NASDAQ:ISPO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned 5.57% of Inspirato as of its most recent SEC filing. 39.54% of the stock is currently owned by institutional investors and hedge funds.

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.