Insperity (NYSE:NSP) Shares Gap Up Following Insider Buying Activity

Insperity, Inc. (NYSE:NSP) gapped up prior to trading on Friday after an insider bought additional shares in the company. The stock had previously closed at $33.47, but opened at $36.31. Insperity shares last traded at $35.11, with a volume of 71,884 shares traded.

Specifically, CEO Paul J. Sarvadi acquired 233,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the acquisition, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at $37,656,303.60. This trade represents a 26.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Robert W. Baird set a $36.00 target price on shares of Insperity in a research note on Wednesday, February 11th. Roth Mkm set a $54.00 price objective on shares of Insperity in a report on Friday, May 1st. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group set a $56.00 target price on shares of Insperity in a report on Wednesday, February 11th. Finally, Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Insperity has a consensus rating of “Reduce” and an average price target of $46.00.

Insperity Stock Up 6.0%

The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -52.66 and a beta of 0.59. The business’s 50-day moving average is $30.66 and its two-hundred day moving average is $32.91. The company has a debt-to-equity ratio of 5.51, a quick ratio of 1.09 and a current ratio of 1.09.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the previous year, the company earned $1.57 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. On average, equities analysts anticipate that Insperity, Inc. will post 1.18 earnings per share for the current year.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $2.40 annualized dividend and a dividend yield of 6.8%. Insperity’s payout ratio is -358.21%.

Institutional Trading of Insperity

A number of large investors have recently made changes to their positions in NSP. Hawk Ridge Capital Management LP bought a new position in Insperity during the first quarter worth about $39,608,000. Goldman Sachs Group Inc. increased its holdings in shares of Insperity by 140.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,471,160 shares of the business services provider’s stock worth $56,963,000 after acquiring an additional 859,326 shares in the last quarter. Invesco Ltd. raised its position in shares of Insperity by 117.8% during the fourth quarter. Invesco Ltd. now owns 1,137,255 shares of the business services provider’s stock worth $44,035,000 after purchasing an additional 615,100 shares during the period. Reinhart Partners LLC. lifted its holdings in shares of Insperity by 24.6% during the 4th quarter. Reinhart Partners LLC. now owns 2,745,035 shares of the business services provider’s stock valued at $106,288,000 after purchasing an additional 542,709 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Insperity by 47.7% during the 1st quarter. Sei Investments Co. now owns 1,311,430 shares of the business services provider’s stock valued at $35,461,000 after purchasing an additional 423,383 shares in the last quarter. Institutional investors own 93.44% of the company’s stock.

About Insperity

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.