State of Wyoming Takes $429,000 Position in Insperity, Inc. $NSP

State of Wyoming acquired a new position in shares of Insperity, Inc. (NYSE:NSPFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,387 shares of the business services provider’s stock, valued at approximately $429,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Royal Bank of Canada increased its position 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 valued at $9,583,000 after buying an additional 72,241 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Insperity by 4.6% in the first 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 acquiring an additional 948 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Insperity in the first quarter valued at approximately $218,000. Goldman Sachs Group Inc. boosted its position in shares of Insperity by 54.2% in the first 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. Finally, United Services Automobile Association purchased a new position in Insperity during the first quarter valued at approximately $202,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi purchased 233,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were purchased at an average price of $34.05 per share, with a total value of $7,933,650.00. Following the acquisition, the chief executive officer directly owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. This represents a 26.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.77% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NSP has been the topic of a number of analyst reports. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial set a $52.00 price target on shares of Insperity and gave the company a “hold” rating in a report on Wednesday, July 22nd. Roth Capital set a $61.00 price target on shares of Insperity in a research report on Friday, July 31st. Weiss Ratings raised shares of 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 issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $53.33.

Read Our Latest Analysis on NSP

Insperity Stock Performance

Shares of NSP opened at $50.26 on Tuesday. Insperity, Inc. has a 12-month low of $18.57 and a 12-month high of $57.22. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 6.87. The company has a market cap of $1.92 billion, a PE ratio of -116.88 and a beta of 0.52. The stock has a 50-day moving average price of $45.62 and a 200-day moving average price of $35.05.

Insperity (NYSE:NSPGet Free Report) last posted its quarterly earnings data 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. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. Insperity’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 earnings per share. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. As a group, equities analysts forecast that Insperity, Inc. will post 1.07 earnings per share for the current fiscal year.

About Insperity

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSPFree Report).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.