Insperity, Inc. (NYSE:NSP) is Trinity Legacy Partners LLC’s Largest Position

Trinity Legacy Partners LLC decreased its position in shares of Insperity, Inc. (NYSE:NSP) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 198,398 shares of the business services provider’s stock after selling 25,000 shares during the period. Insperity makes up approximately 4.0% of Trinity Legacy Partners LLC’s investment portfolio, making the stock its biggest position. Trinity Legacy Partners LLC owned 0.53% of Insperity worth $15,378,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in NSP. State Street Corp increased its position in shares of Insperity by 0.9% during the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock valued at $113,261,000 after purchasing an additional 11,123 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Insperity by 4.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,260,768 shares of the business services provider’s stock worth $110,948,000 after buying an additional 59,216 shares during the period. Reinhart Partners LLC. increased its stake in Insperity by 8.3% in the fourth quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after purchasing an additional 89,809 shares during the period. Geode Capital Management LLC increased its stake in Insperity by 16.7% in the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider’s stock worth $85,254,000 after purchasing an additional 138,837 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Insperity by 32.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 882,324 shares of the business services provider’s stock worth $77,645,000 after purchasing an additional 215,206 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insider Activity at Insperity

In other news, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total value of $2,108,000.00. Following the sale, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. This trade represents a 5.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total transaction of $508,080.00. Following the sale, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at $6,143,618.68. The trade was a 7.64 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on NSP. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Truist Financial dropped their price objective on Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Insperity currently has a consensus rating of “Hold” and an average target price of $95.67.

Insperity Trading Down 0.3 %

NYSE:NSP opened at $86.61 on Friday. The firm has a 50-day simple moving average of $78.58 and a 200-day simple moving average of $83.14. Insperity, Inc. has a one year low of $68.79 and a one year high of $110.72. The firm has a market cap of $3.22 billion, a P/E ratio of 35.94 and a beta of 1.13. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08.

About Insperity

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.