Inspirato (NASDAQ:ISPO) Shares Up 0.4% – Here’s What Happened

Inspirato Incorporated (NASDAQ:ISPOGet Free Report)’s share price shot up 0.4% during trading on Tuesday . The company traded as high as $5.00 and last traded at $4.81. 3,860 shares were traded during trading, a decline of 91% from the average session volume of 44,036 shares. The stock had previously closed at $4.79.

Inspirato Stock Performance

The company has a fifty day simple moving average of $4.49 and a two-hundred day simple moving average of $4.22. The stock has a market capitalization of $52.00 million, a price-to-earnings ratio of -1.09 and a beta of -0.03.

Insider Buying and Selling at Inspirato

In other Inspirato news, CEO Payam Zamani bought 728,863 shares of Inspirato stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of $2,500,000.00 per share, with a total value of $1,822,157,500,000.00. Following the acquisition, the chief executive officer now directly owns 3,524,314 shares of the company’s stock, valued at $8,810,785,000,000. The trade was a 26.07 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have acquired 970,980 shares of company stock worth $1,928,666,726,739 and have sold 20,690 shares worth $73,579. Company insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Inspirato stock. Commonwealth Equity Services LLC lifted its position in Inspirato Incorporated (NASDAQ:ISPOFree Report) by 36.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,434 shares of the company’s stock after acquiring an additional 30,028 shares during the quarter. Commonwealth Equity Services LLC owned approximately 1.03% of Inspirato worth $370,000 at the end of the most recent reporting period. 39.54% of the stock is currently owned by hedge funds and other institutional investors.

About Inspirato

(Get Free Report)

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.

Further Reading

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