Inspirato (NASDAQ:ISPO) Trading Up 9.2% – Still a Buy?

Shares of Inspirato Incorporated (NASDAQ:ISPO) shot up 9.2% during trading on Monday . The stock traded as high as $7.17 and last traded at $6.99. 147,034 shares traded hands during mid-day trading, an increase of 167% from the average session volume of 55,020 shares. The stock had previously closed at $6.40.

Inspirato Stock Performance

The firm has a market cap of $75.56 million, a P/E ratio of -1.59 and a beta of -0.11. The firm’s fifty day simple moving average is $4.00 and its 200 day simple moving average is $4.04.

Inspirato (NASDAQ:ISPO) last announced its quarterly earnings results on Monday, October 28th. The company reported ($2.05) EPS for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28). The company had revenue of $69.11 million during the quarter, compared to the consensus estimate of $64.94 million. During the same period in the previous year, the firm posted ($6.26) earnings per share. On average, equities research analysts predict that Inspirato Incorporated will post -2.35 earnings per share for the current year.

Insider Activity at Inspirato

In other Inspirato news, CEO Payam Zamani bought 728,863 shares of the firm’s stock in a transaction dated Monday, December 9th. 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. Following the transaction, the chief executive officer now owns 3,524,314 shares of the company’s stock, valued at $8,810,785,000,000. This represents a 26.07 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders acquired 970,980 shares of company stock valued at $1,928,666,726,739 and sold 20,690 shares valued at $73,579. 42.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Inspirato

An institutional investor recently bought a new position in Inspirato stock. AXA S.A. bought a new position in Inspirato Incorporated (NASDAQ:ISPO) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 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 filing with the SEC. Institutional investors own 39.54% of the company’s stock.

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.