CenterBook Partners LP purchased a new stake in shares of Insperity, Inc. (NYSE:NSP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 146,439 shares of the business services provider’s stock, valued at approximately $5,670,000.
A number of other institutional investors have also recently made changes to their positions in NSP. Royal Bank of Canada lifted its position in shares of Insperity by 205.4% during the 1st quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock valued at $9,583,000 after buying an additional 72,241 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Insperity by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock valued at $1,908,000 after buying an additional 948 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Insperity during the 1st quarter valued at $218,000. Goldman Sachs Group Inc. lifted its position in shares of Insperity by 54.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock valued at $45,845,000 after buying an additional 180,563 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Insperity during the 1st quarter valued at $202,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Insider Transactions at Insperity
In other Insperity news, EVP James D. Allison bought 10,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were acquired at an average cost of $20.45 per share, for a total transaction of $204,500.00. Following the purchase, the executive vice president directly owned 94,272 shares of the company’s stock, valued at $1,927,862.40. The trade was a 11.87% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Paul J. Sarvadi bought 233,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the purchase, the chief executive officer directly owned 1,105,912 shares in the company, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 547,437 shares of company stock worth $15,747,896 over the last 90 days. Corporate insiders own 5.77% of the company’s stock.
Insperity Price Performance
Insperity (NYSE:NSP – Get Free Report) last announced its earnings results on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.57 EPS. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. As a group, equities analysts anticipate that Insperity, Inc. will post 0.99 EPS for the current fiscal year.
Insperity Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, June 4th. Insperity’s dividend payout ratio is currently -358.21%.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on NSP shares. UBS Group set a $56.00 price objective on Insperity in a research note on Wednesday, February 11th. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a research note on Friday, March 27th. Finally, Roth Mkm set a $54.00 price objective on Insperity in a research note on Friday, May 1st. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $46.00.
Check Out Our Latest Stock Report on Insperity
Insperity Profile
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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