Inspirato (NASDAQ:ISPO) Trading Up 0.4% – Should You Buy?

Inspirato Incorporated (NASDAQ:ISPO)’s share price traded up 0.4% on Tuesday . The stock traded as high as $5.00 and last traded at $4.81. 3,860 shares changed hands during mid-day 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 firm has a market cap of $52.00 million, a PE ratio of -1.09 and a beta of -0.03. The stock’s 50 day simple moving average is $4.49 and its 200 day simple moving average is $4.22.

Insider Activity

In other news, CEO Payam Zamani purchased 20,420 shares of Inspirato stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average cost of $3.49 per share, with a total value of $71,265.80. Following the completion of the purchase, the chief executive officer now directly owns 1,090,420 shares in the company, valued at approximately $3,805,565.80. This trade represents a 1.91 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 970,980 shares of company stock valued at $1,928,666,726,739 and have sold 20,690 shares valued at $73,579. Insiders own 42.00% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Inspirato stock. Commonwealth Equity Services LLC raised its position in shares of Inspirato Incorporated (NASDAQ:ISPO) by 36.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 111,434 shares of the company’s stock after purchasing an additional 30,028 shares during the quarter. Commonwealth Equity Services LLC owned 1.03% of Inspirato worth $370,000 at the end of the most recent quarter. 39.54% of the stock is owned by hedge funds and other institutional investors.

About Inspirato

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.