Inspirato (NASDAQ:ISPO) Shares Up 0.4% - Here's Why

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

Inspirato Trading Up 1.8 %

The firm has a market cap of $50.05 million, a P/E ratio of -1.05 and a beta of -0.03. The stock's fifty day moving average is $4.55 and its two-hundred day moving average is $4.20.

Insider Activity at Inspirato

In other Inspirato news, CEO Payam Zamani acquired 728,863 shares of the business's stock in a transaction dated Monday, December 9th. 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. Following the completion of the acquisition, the chief executive officer now owns 3,524,314 shares of the company's stock, valued at $8,810,785,000,000. This trade represents a 26.07 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders acquired 930,980 shares of company stock valued at $1,928,666,586,739 and sold 20,690 shares valued at $73,579. 42.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Inspirato

Hedge funds have recently bought and sold shares of the stock. AdvisorShares Investments LLC bought a new position in Inspirato in the fourth quarter valued at $40,000. Geode Capital Management LLC boosted its stake in shares of Inspirato by 39.1% during the fourth quarter. Geode Capital Management LLC now owns 37,781 shares of the company's stock valued at $125,000 after purchasing an additional 10,612 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Inspirato by 36.9% during 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 period. 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.