The price of Inspirato Incorporated (NASDAQ:ISPO) shares last traded on Wall Street rose 47.33% to $7.72.
ISPO stock price is now 104.91% away from the 50-day moving average and 87.75% away from the 200-day moving average. The market capitalization of the company currently stands at $28.41M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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, Institutional Venture Partners, 10% Owner sold 7,639 shares of the company’s stock on Jun 13 ’24. The stock was sold for $29,868 at an average price of $3.91. Upon completion of the transaction, the 10% Owner now directly owns 360,987 shares in the company, valued at $2.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, 10% Owner Institutional Venture Partners sold 11,603 shares of the business’s stock. A total of $45,252 was realized by selling the stock at an average price of $3.90. This leaves the insider owning 368,626 shares of the company worth $2.85 million. A total of 48.62% of the company’s stock is owned by insiders.
During the past 12 months, Inspirato Incorporated has had a low of $3.15 and a high of $25.00. The fifty day moving average price for ISPO is $3.84184 and a two-hundred day moving average price translates $4.049735 for the stock.
The latest earnings results from Inspirato Incorporated (NASDAQ: ISPO) was released for 2024-03-31. The net profit margin was -14.98% and return on equity was -1013.20% for ISPO. The company reported revenue of $80.25 million for the quarter, compared to $91.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.49 percent.
