Insider Buying: Inspirato Incorporated (NASDAQ:ISPO) CEO Buys $12,500.00 in Stock

Inspirato Incorporated (NASDAQ:ISPO) CEO Payam Zamani acquired 500 shares of the stock in a transaction that occurred on Wednesday, February 8th. The stock was acquired at an average cost of $25.00 per share, for a total transaction of $12,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,110,500 shares in the company, valued at $27,762,500. This represents a 0.05 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Payam Zamani also recently made the following trade(s):

• On Monday, December 16th, Payam Zamani bought 177,515 shares of Inspirato stock. The shares were bought at an average price of $600,000.00 per share, with a total value of $106,509,000,000.00.
• On Monday, December 9th, Payam Zamani acquired 728,863 shares of Inspirato stock. The stock was bought at an average price of $2,500,000.00 per share, with a total value of $1,822,157,500,000.00.

Inspirato Stock Performance

Shares of Inspirato stock opened at $4.09 on Friday. Inspirato Incorporated has a one year low of $3.11 and a one year high of $9.31. The stock’s fifty day moving average is $4.70 and its 200 day moving average is $4.16. The stock has a market cap of $44.23 million, a P/E ratio of -0.93 and a beta of -0.03.

Inspirato (NASDAQ:ISPO) last announced its earnings results on Monday, February 24th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($1.09) by $0.88. The company had revenue of $63.11 million during the quarter, compared to the consensus estimate of $58.34 million. Analysts predict that Inspirato Incorporated will post -2.35 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorShares Investments LLC purchased a new position in Inspirato in the fourth quarter worth about $40,000. Geode Capital Management LLC lifted its stake in Inspirato by 39.1% in the fourth quarter. Geode Capital Management LLC now owns 37,781 shares of the company’s stock worth $125,000 after purchasing an additional 10,612 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Inspirato by 36.9% in 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 last quarter. Hedge funds and other 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.