Institutional Venture Partners Sells 11,603 Shares of Inspirato Incorporated (NASDAQ:ISPO) Stock

Inspirato Incorporated (NASDAQ:ISPO) major shareholder Institutional Venture Partners sold 11,603 shares of the firm’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $3.90, for a total transaction of $45,251.70. Following the completion of the transaction, the insider now directly owns 368,626 shares of the company’s stock, valued at $1,437,641.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Institutional Venture Partners also recently made the following trade(s):

• On Monday, June 10th, Institutional Venture Partners sold 5,399 shares of Inspirato stock. The shares were sold at an average price of $3.92, for a total transaction of $21,164.08.
• On Friday, June 7th, Institutional Venture Partners sold 12,603 shares of Inspirato stock. The shares were sold at an average price of $3.92, for a total transaction of $49,403.76.
• On Wednesday, June 5th, Institutional Venture Partners sold 7,473 shares of Inspirato stock. The shares were sold at an average price of $4.00, for a total value of $29,892.00.
• On Monday, May 20th, Institutional Venture Partners sold 724 shares of Inspirato stock. The shares were sold at an average price of $4.00, for a total value of $2,896.00.
• On Wednesday, May 15th, Institutional Venture Partners sold 4 shares of Inspirato stock. The shares were sold at an average price of $4.03, for a total transaction of $16.12.
• On Tuesday, April 23rd, Institutional Venture Partners sold 2 shares of Inspirato stock. The stock was sold at an average price of $4.00, for a total transaction of $8.00.
• On Wednesday, April 17th, Institutional Venture Partners sold 200 shares of Inspirato stock. The stock was sold at an average price of $4.00, for a total transaction of $800.00.
• On Friday, April 12th, Institutional Venture Partners sold 188 shares of Inspirato stock. The stock was sold at an average price of $4.02, for a total value of $755.76.
• On Wednesday, April 10th, Institutional Venture Partners sold 117 shares of Inspirato stock. The stock was sold at an average price of $4.00, for a total value of $468.00.
• On Wednesday, April 3rd, Institutional Venture Partners sold 200 shares of Inspirato stock. The shares were sold at an average price of $4.00, for a total value of $800.00.

Inspirato Trading Up 0.3 %

Shares of Inspirato stock opened at $3.93 on Monday. Inspirato Incorporated has a 12-month low of $3.15 and a 12-month high of $25.00. The firm’s 50-day moving average price is $3.93 and its two-hundred day moving average price is $4.02.

Inspirato (NASDAQ:ISPO) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($1.06) earnings per share (EPS) for the quarter. The company had revenue of $80.25 million for the quarter, compared to analyst estimates of $77.22 million. Equities research analysts anticipate that Inspirato Incorporated will post -5.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Evercore ISI dropped their price target on shares of Inspirato from $4.00 to $3.00 and set an “in-line” rating for the company in a research report on Thursday, March 7th. Cantor Fitzgerald dropped their price objective on Inspirato from $19.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, March 7th.

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.