Northland Capmk Predicts Increased Earnings for Inspirato

Inspirato Incorporated (NASDAQ:ISPO) – Equities researchers at Northland Capmk upped their FY2024 earnings estimates for Inspirato in a report issued on Wednesday, October 30th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of ($2.35) for the year, up from their prior forecast 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 posted its quarterly earnings results on Monday, October 28th. The company reported ($2.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.77) by ($0.28). The business had revenue of $69.11 million for the quarter, compared to analysts’ expectations of $64.94 million. During the same quarter last year, the business posted ($6.26) EPS.

Inspirato Stock Performance

Inspirato stock opened at $3.67 on Friday. The firm has a market cap of $24.52 million, a price-to-earnings ratio of -0.83 and a beta of -0.17. Inspirato has a 1 year low of $3.11 and a 1 year high of $9.31. The firm’s 50 day moving average price is $4.09 and its two-hundred day moving average price is $4.01.

Hedge Funds Weigh In On Inspirato

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. acquired 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 fund acquired 364,571 shares of the company’s stock, valued at approximately $1,276,000. AXA S.A. owned approximately 5.57% of Inspirato as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 39.54% of the company’s stock.

Insiders Place Their Bets

In other Inspirato news, CFO Robert Kaiden sold 21,549 shares of Inspirato stock in a transaction that occurred 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 transaction, the chief financial officer now owns 133,861 shares in the company, valued at approximately $535,444. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Inspirato news, CFO Robert Kaiden sold 21,549 shares of Inspirato stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $4.00, for a total transaction of $86,196.00. Following the transaction, the chief financial officer now directly owns 133,861 shares in the company, valued at approximately $535,444. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder One Planet Group Llc acquired 1,335,271 shares of the stock in a transaction on Tuesday, August 13th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $4,579,979.53. Following the completion of the transaction, the insider now owns 1,335,271 shares in the company, valued at approximately $4,579,979.53. The disclosure for this purchase can be found here. 42.00% of the stock is currently owned by company insiders.

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.