Institutional Venture Partners Sells 111,347 Shares of Inspirato Incorporated (NASDAQ:ISPO) Stock

Posted by on Aug 6th, 2023

Inspirato Incorporated (NASDAQ:ISPO – Get Free Report) major shareholder Institutional Venture Partners sold 111,347 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $1.05, for a total value of $116,914.35. Following the transaction, the insider now owns 9,862,867 shares of the company’s stock, valued at $10,356,010.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Wednesday, July 12th, Institutional Venture Partners sold 1,960 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $2,058.00.
  • On Friday, June 23rd, Institutional Venture Partners sold 9,807 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $10,297.35.
  • On Tuesday, June 20th, Institutional Venture Partners sold 4,179 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $4,387.95.
  • On Friday, June 16th, Institutional Venture Partners sold 55,207 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $57,967.35.
  • On Wednesday, June 14th, Institutional Venture Partners sold 5,808 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $6,098.40.
  • On Monday, June 12th, Institutional Venture Partners sold 9,822 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $10,313.10.
  • On Friday, June 9th, Institutional Venture Partners sold 63,948 shares of Inspirato stock. The stock was sold at an average price of $1.05, for a total value of $67,145.40.
  • On Wednesday, June 7th, Institutional Venture Partners sold 53,978 shares of Inspirato stock. The shares were sold at an average price of $1.05, for a total value of $56,676.90.
  • On Monday, June 5th, Institutional Venture Partners sold 112,248 shares of Inspirato stock. The shares were sold at an average price of $0.98, for a total value of $110,003.04.
  • On Thursday, June 1st, Institutional Venture Partners sold 232 shares of Inspirato stock. The shares were sold at an average price of $0.95, for a total value of $220.40.

Inspirato Trading Up 1.0 %

NASDAQ:ISPO opened at $1.02 on Friday. The stock has a fifty day moving average price of $0.98 and a 200 day moving average price of $1.00. Inspirato Incorporated has a 12-month low of $0.69 and a 12-month high of $5.21.

Inspirato (NASDAQ:ISPO – Get Free Report) last released its earnings results on Monday, May 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $91.70 million during the quarter, compared to analysts’ expectations of $86.08 million. As a group, sell-side analysts forecast that Inspirato Incorporated will post -0.19 earnings per share for the current year.

Institutional Trading of Inspirato

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in shares of Inspirato during the second quarter worth about $25,000. Goldman Sachs Group Inc. purchased a new stake in Inspirato during the 1st quarter valued at approximately $113,000. Nuveen Asset Management LLC raised its stake in Inspirato by 78.1% during the 3rd quarter. Nuveen Asset Management LLC now owns 26,002 shares of the company’s stock valued at $61,000 after acquiring an additional 11,405 shares during the last quarter. Virtu Financial LLC purchased a new stake in Inspirato during the 2nd quarter valued at approximately $59,000. Finally, Rhumbline Advisers purchased a new stake in Inspirato during the 2nd quarter valued at approximately $68,000. 30.93% of the stock is owned by hedge funds and other institutional investors.

Inspirato Company Profile

(Get Free Report)

Inspirato Incorporated, together with its subsidiaries, operates as a subscription-based luxury travel company. The company provides affluent travelers access to a portfolio of curated luxury vacation homes, and accommodations at luxury hotels and resorts, as well as luxury safaris, cruises, custom-designed (bucket list) itineraries, and other experiences.

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Insider Buying and Selling by Quarter for Inspirato (NASDAQ:ISPO)

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