In yesterday’s Wall Street session, Inspirato Incorporated (NASDAQ:ISPO) shares traded at $1.95, down -2.50% from the previous session.
ISPO stock price is now -16.78% away from the 50-day moving average and -74.86% away from the 200-day moving average. The market capitalization of the company currently stands at $225.75M.
With the price target maintained at $8, Cantor Fitzgerald recently Upgraded its rating from Neutral to Overweight for Inspirato Incorporated (NASDAQ: ISPO). , while ‘Evercore ISI’ rates the stock as ‘In-line’.
In other news, Kallery David S, President bought 36,000 shares of the company’s stock on Sep 12. The stock was bought for $103,597 at an average price of $2.88. Upon completion of the transaction, the President now directly owns 218,500 shares in the company, valued at $0.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16, Chief Executive Officer Handler Brent L sold 73,466 shares of the business’s stock. A total of $255,316 was realized by selling the stock at an average price of $3.48. This leaves the insider owning 860,249 shares of the company worth $1.68 million. Insiders disposed of 1,424,683 shares of company stock worth roughly $2.78 million over the past 1 year. A total of 3.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ISPO stock. A new stake in Inspirato Incorporated shares was purchased by JEFFERIES GROUP LLC during the first quarter worth $4,875,000. STATE OF WISCONSIN INVESTMENT BOARD invested $599,000 in shares of ISPO during the first quarter. In the first quarter, MAI CAPITAL MANAGEMENT acquired a new stake in Inspirato Incorporated valued at approximately $366,000. SAGE RHINO CAPITAL LLC acquired a new stake in ISPO for approximately $199,000. SVB WEALTH LLC purchased a new stake in ISPO valued at around $167,000 in the second quarter.
During the past 12 months, Inspirato Incorporated has had a low of $1.85 and a high of $108.00. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 0.50, and a quick ratio of 0.50.
The net profit margin was -8.60% and return on equity was -17.20% for ISPO. The company reported revenue of $83.7 million for the quarter, compared to $52.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 60.08 percent.