Payam Zamani Acquires 29,500 Shares of Inspirato Incorporated (NASDAQ:ISPO) Stock

Inspirato Incorporated (NASDAQ:ISPO) CEO Payam Zamani purchased 29,500 shares of Inspirato stock in a transaction on Friday, March 28th. The shares were purchased at an average cost of $4.57 per share, with a total value of $134,815.00. Following the transaction, the chief executive officer now owns 1,140,000 shares in the company, valued at approximately $5,209,800. The trade was a 2.66 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Inspirato Trading Down 7.6 %

Inspirato stock opened at $3.88 on Friday. The company has a market cap of $41.96 million, a P/E ratio of -0.88 and a beta of 0.02. Inspirato Incorporated has a 1-year low of $3.11 and a 1-year high of $9.31. The company has a fifty day simple moving average of $4.39 and a 200 day simple moving average of $4.17.

Inspirato (NASDAQ:ISPO) last posted its quarterly earnings data on Monday, February 24th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($1.09) by $0.88. The business had revenue of $63.11 million for the quarter, compared to analyst estimates of $58.34 million. On average, equities research analysts forecast that Inspirato Incorporated will post -2.35 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ISPO. Commonwealth Equity Services LLC boosted its holdings in shares of Inspirato by 36.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 111,434 shares of the company’s stock valued at $370,000 after buying an additional 30,028 shares during the last quarter. Geode Capital Management LLC raised its position in Inspirato by 39.1% during the fourth quarter. Geode Capital Management LLC now owns 37,781 shares of the company’s stock worth $125,000 after acquiring an additional 10,612 shares in the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in Inspirato in the fourth quarter valued at $40,000. 39.54% of the stock is currently owned by institutional investors.

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.