Inspirato (NASDAQ:ISPO) Trading Down 3.3% – Should You Sell?

Inspirato Incorporated (NASDAQ:ISPO) shares traded down 3.3% during mid-day trading on Monday . The company traded as low as $4.05 and last traded at $4.35. 29,760 shares were traded during trading, a decline of 87% from the average session volume of 222,303 shares. The stock had previously closed at $4.50.

Inspirato Stock Performance

The company has a market capitalization of $47.05 million, a price-to-earnings ratio of -0.99 and a beta of 0.02. The company has a 50-day moving average price of $4.72 and a 200-day moving average price of $4.17.

Inspirato (NASDAQ:ISPO) last released its quarterly earnings data on Monday, February 24th. The company reported ($0.21) earnings per share for the quarter, topping the consensus estimate 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. As a group, sell-side analysts anticipate that Inspirato Incorporated will post -2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its position in shares of Inspirato by 36.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 111,434 shares of the company’s stock worth $370,000 after purchasing an additional 30,028 shares during the period. AdvisorShares Investments LLC bought a new stake in Inspirato during the 4th quarter worth approximately $40,000. Finally, Geode Capital Management LLC raised its holdings in Inspirato by 39.1% during the 4th quarter. Geode Capital Management LLC now owns 37,781 shares of the company’s stock worth $125,000 after buying an additional 10,612 shares during the period. 39.54% of the stock is 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.