Insperity, Inc. (NYSE:NSP – Get Free Report) shares were up 4% during trading on Friday . The stock traded as high as $54.08 and last traded at $53.89. 89,598 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 906,420 shares. The stock had previously closed at $51.81.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on NSP. Truist Financial set a $52.00 price objective on Insperity and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. Roth Capital set a $61.00 price objective on shares of Insperity in a research note on Friday, July 31st. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded Insperity from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 15th. Finally, Robert W. Baird set a $56.00 price objective on Insperity in a research report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Insperity has a consensus rating of “Reduce” and an average price target of $53.33.
Check Out Our Latest Stock Analysis on NSP
Insperity Trading Up 3.1%
Insperity (NYSE:NSP – Get Free Report) last released its earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the firm earned $0.26 EPS. Insperity’s revenue was up 1.7% compared to the same quarter last year. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. On average, research analysts expect that Insperity, Inc. will post 1.07 EPS for the current fiscal year.
Insperity Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.5%. Insperity’s payout ratio is -558.14%.
Insider Activity
In other news, CEO Paul J. Sarvadi bought 233,000 shares of Insperity stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the purchase, the chief executive officer directly owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 5.77% of the stock is currently owned by insiders.
Institutional Trading of Insperity
Several large investors have recently added to or reduced their stakes in NSP. Royal Bank of Canada lifted its holdings in shares of Insperity by 205.4% during the first quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock worth $9,583,000 after purchasing an additional 72,241 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Insperity by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock worth $1,908,000 after buying an additional 948 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Insperity in the 1st quarter worth approximately $218,000. Goldman Sachs Group Inc. raised its position in Insperity by 54.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock worth $45,845,000 after buying an additional 180,563 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in Insperity during the 1st quarter worth approximately $202,000. Hedge funds and other 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.
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