Inspirato (NASDAQ:ISPO) Receives “Sell (E+)” Rating from Weiss Ratings

Inspirato (NASDAQ:ISPO)‘s stock had its “sell (e+)” rating restated by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Inspirato Trading Down 1.0%

Shares of NASDAQ:ISPO opened at $2.98 on Wednesday. The stock has a 50 day moving average of $2.97 and a 200 day moving average of $3.40. The company has a market cap of $37.07 million, a PE ratio of 27.09 and a beta of 0.03. Inspirato has a 12-month low of $2.19 and a 12-month high of $7.17.

Inspirato (NASDAQ:ISPO) last posted its quarterly earnings results on Tuesday, August 12th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.01). The company had revenue of $63.11 million during the quarter, compared to the consensus estimate of $57.30 million. Equities research analysts predict that Inspirato will post -2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in Inspirato by 7.8% in the 2nd quarter. Geode Capital Management LLC now owns 50,960 shares of the company’s stock worth $174,000 after purchasing an additional 3,666 shares in the last quarter. JFG Wealth Management LLC purchased a new stake in shares of Inspirato during the 1st quarter worth approximately $316,000. Finally, Bank of Montreal Can bought a new position in shares of Inspirato during the 2nd quarter valued at approximately $710,000. 39.54% of the stock is owned by hedge funds and other 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.