Ieq Capital LLC purchased a new stake in shares of Insperity, Inc. (NYSE:NSP – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 64,238 shares of the business services provider’s stock, valued at approximately $2,654,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Public Employees Retirement System of Ohio lifted its stake in shares of Insperity by 48.1% during the first quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock worth $35,000 after buying an additional 422 shares during the period. Farther Finance Advisors LLC increased its position in shares of Insperity by 871.6% in the 4th quarter. Farther Finance Advisors LLC now owns 991 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 889 shares during the period. Allworth Financial LP raised its stake in Insperity by 845.3% in the 4th quarter. Allworth Financial LP now owns 1,106 shares of the business services provider’s stock worth $43,000 after acquiring an additional 989 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Insperity by 75.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock worth $47,000 after acquiring an additional 416 shares during the last quarter. Finally, UMB Bank n.a. lifted its position in Insperity by 62.9% during the 4th quarter. UMB Bank n.a. now owns 1,427 shares of the business services provider’s stock worth $55,000 after acquiring an additional 551 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have weighed in on the company. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Roth Capital set a $61.00 price objective on Insperity in a research note on Friday, July 31st. Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Weiss Ratings upgraded Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 15th. Finally, Truist Financial set a $52.00 price target on shares of Insperity and gave the stock a “hold” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $53.33.
Insperity Price Performance
NYSE:NSP opened at $52.14 on Tuesday. Insperity, Inc. has a one year low of $18.57 and a one year high of $57.22. The company has a debt-to-equity ratio of 6.87, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of -121.25 and a beta of 0.52. The firm’s fifty day moving average is $47.15 and its two-hundred day moving average is $35.43.
Insperity (NYSE:NSP – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The business had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.67 billion. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The company’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Research analysts expect that Insperity, Inc. will post 1.07 EPS for the current year.
Insperity Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Wednesday, September 2nd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 2nd. Insperity’s dividend payout ratio (DPR) is -558.14%.
Insiders Place Their Bets
In related news, CEO Paul J. Sarvadi purchased 233,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the completion of the acquisition, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at $37,656,303.60. The trade was a 26.69% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 5.77% of the company’s stock.
Insperity Company 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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