Northland Capmk Boosts Earnings Estimates for Inspirato

Inspirato Incorporated (NASDAQ:ISPO) – Investment analysts at Northland Capmk boosted their FY2024 earnings estimates for shares of Inspirato in a report released on Wednesday, October 30th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of ($2.35) per share for the year, up from their previous forecast of ($5.56). The consensus estimate for Inspirato’s current full-year earnings is ($2.35) per share. Northland Capmk also issued estimates for Inspirato’s Q4 2024 earnings at ($1.09) EPS.

Inspirato (NASDAQ:ISPO) last released its quarterly earnings results on Monday, October 28th. The company reported ($2.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28). The firm had revenue of $69.11 million for the quarter, compared to the consensus estimate of $64.94 million. During the same period last year, the firm posted ($6.26) EPS.

Inspirato Stock Performance

NASDAQ:ISPO opened at $3.67 on Friday. The company has a market cap of $24.52 million, a price-to-earnings ratio of -0.83 and a beta of -0.14. Inspirato has a fifty-two week low of $3.11 and a fifty-two week high of $9.31. The stock has a fifty day moving average price of $4.07 and a 200-day moving average price of $4.01.

Institutional Trading of Inspirato

A hedge fund recently bought a new stake in Inspirato stock. AXA S.A. bought a new position in shares of Inspirato Incorporated (NASDAQ:ISPO) during the second quarter, according to its most recent Form 13F 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 about 5.57% of Inspirato at the end of the most recent reporting period. 39.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Inspirato news, CEO Payam Zamani purchased 1,580,180 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were bought at an average price of $5,420,020.00 per share, for a total transaction of $8,564,607,203,600.00. Following the purchase, the chief executive officer now owns 2,795,451 shares in the company, valued at approximately $15,151,400,329,020. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Robert Kaiden sold 21,549 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $4.00, for a total value of $86,196.00. Following the completion of the transaction, the chief financial officer now directly owns 133,861 shares in the company, valued at approximately $535,444. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Payam Zamani acquired 1,580,180 shares of Inspirato stock in a transaction that occurred on Friday, September 13th. The shares were purchased at an average price of $5,420,020.00 per share, for a total transaction of $8,564,607,203,600.00. Following the transaction, the chief executive officer now directly owns 2,795,451 shares in the company, valued at $15,151,400,329,020. The trade was a 100.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 42.00% of the stock is currently owned by company insiders.

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.