Insider Buying: Insperity (NYSE:NSP) Director Acquires 1,000 Shares of Stock

Insperity, Inc. (NYSE:NSP) Director Randall Mehl purchased 1,000 shares of Insperity stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average price of $33.88 per share, for a total transaction of $33,880.00. Following the transaction, the director owned 25,707 shares in the company, valued at $870,953.16. This represents a 4.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Randall Mehl also recently made the following trade(s):

• On Thursday, November 6th, Randall Mehl purchased 2,000 shares of Insperity stock. The shares were purchased at an average cost of $34.25 per share, for a total transaction of $68,500.00.

Insperity Trading Down 3.2%

NYSE NSP traded down $1.07 during trading hours on Monday, hitting $32.79. The company’s stock had a trading volume of 809,332 shares, compared to its average volume of 556,971. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. The firm has a market capitalization of $1.24 billion, a P/E ratio of 30.93 and a beta of 0.52. The stock has a fifty day moving average of $48.16 and a 200 day moving average of $56.42. Insperity, Inc. has a twelve month low of $32.62 and a twelve month high of $95.98.

Insperity (NYSE:NSP) last released its quarterly earnings data on Monday, November 3rd. The business services provider reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.42). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm’s revenue was up 4.0% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. Equities research analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were paid a $0.60 dividend. The ex-dividend date was Thursday, September 4th. This represents a $2.40 annualized dividend and a dividend yield of 7.3%. Insperity’s dividend payout ratio is 521.74%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on NSP shares. Truist Financial cut their price target on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, November 4th. Zacks Research cut Insperity from a “hold” rating to a “strong sell” rating in a research note on Thursday. Wall Street Zen lowered Insperity from a “hold” rating to a “sell” rating in a research note on Saturday. Roth Capital restated a “buy” rating and set a $71.00 price objective on shares of Insperity in a research report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reduced their price objective on Insperity from $51.00 to $34.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $46.67.

Institutional Investors Weigh In On Insperity

Large investors have recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Insperity during the 2nd quarter worth $26,960,000. Reinhart Partners LLC. increased its holdings in Insperity by 23.2% during the third quarter. Reinhart Partners LLC. now owns 2,202,326 shares of the business services provider’s stock worth $108,355,000 after buying an additional 415,373 shares during the last quarter. Millennium Management LLC raised its position in Insperity by 533.8% in the first quarter. Millennium Management LLC now owns 323,875 shares of the business services provider’s stock worth $28,899,000 after acquiring an additional 272,778 shares during the period. Jacobs Levy Equity Management Inc. boosted its stake in Insperity by 40.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 703,011 shares of the business services provider’s stock valued at $62,730,000 after acquiring an additional 200,685 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew 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 acquiring an additional 180,563 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Company Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.