Insider Buying: Inspirato Incorporated (NASDAQ:ISPO) CEO Buys 500 Shares of Stock

Inspirato Incorporated (NASDAQ:ISPO) CEO Payam Zamani bought 500 shares of the firm’s stock in a transaction dated Wednesday, February 8th. The stock was bought at an average cost of $25.00 per share, with a total value of $12,500.00. Following the transaction, the chief executive officer now directly owns 1,110,500 shares of the company’s stock, valued at approximately $27,762,500. This trade represents a 0.05 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Payam Zamani also recently made the following trade(s):

• On Monday, December 16th, Payam Zamani purchased 177,515 shares of Inspirato stock. The stock was acquired at an average cost of $600,000.00 per share, with a total value of $106,509,000,000.00.
• On Monday, December 9th, Payam Zamani bought 728,863 shares of Inspirato stock. The shares were purchased at an average cost of $2,500,000.00 per share, for a total transaction of $1,822,157,500,000.00.

Inspirato Trading Down 4.4 %

Shares of Inspirato stock opened at $4.17 on Wednesday. The business’s 50 day simple moving average is $4.69 and its 200-day simple moving average is $4.16. The stock has a market capitalization of $45.10 million, a price-to-earnings ratio of -0.95 and a beta of -0.03. Inspirato Incorporated has a twelve month low of $3.11 and a twelve month high of $9.31.

Inspirato (NASDAQ:ISPO) last issued its quarterly earnings results on Monday, February 24th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.09) by $0.88. The firm had revenue of $63.11 million for the quarter, compared to the consensus estimate of $58.34 million. Sell-side analysts predict that Inspirato Incorporated will post -2.35 earnings per share for the current year.

Institutional Inflows and Outflows

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