Inspirato Incorporated (NASDAQ:ISPO) Short Interest Up 7.1% in October

Inspirato Incorporated (NASDAQ:ISPO) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 163,800 shares, a growth of 7.1% from the October 15th total of 153,000 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average trading volume of 73,000 shares, the days-to-cover ratio is currently 2.2 days.

Insider Transactions at Inspirato

In other Inspirato news, CFO Robert Kaiden sold 21,549 shares of Inspirato stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total value of $86,196.00. Following the sale, the chief financial officer now owns 133,861 shares of the company’s stock, valued at $535,444. The trade was a 13.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Brent L. Handler sold 41,536 shares of the company’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 sale, the insider now directly owns 96,471 shares in the company, valued at approximately $385,884. The trade was a 30.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 42.00% of the company’s stock.

Hedge Funds Weigh In On Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. acquired a new position in shares of Inspirato Incorporated (NASDAQ:ISPO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned about 5.57% of Inspirato at the end of the most recent quarter. 39.54% of the stock is owned by institutional investors and hedge funds.

Inspirato Price Performance

Shares of ISPO traded down $0.04 during mid-day trading on Monday, reaching $3.39. 50,525 shares of the company’s stock traded hands, compared to its average volume of 239,347. The stock’s 50-day moving average is $3.95 and its two-hundred day moving average is $3.98. Inspirato has a 12 month low of $3.11 and a 12 month high of $9.31. The stock has a market cap of $36.65 million, a P/E 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 business 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 posted ($6.26) EPS. Research analysts predict that Inspirato will post -2.35 earnings per share for the current year.

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.