Aquatic Capital Management LLC Has $1.39 Million Holdings in Insperity, Inc. (NYSE:NSP)

Aquatic Capital Management LLC increased its position in shares of Insperity, Inc. (NYSE:NSP) by 171.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,877 shares of the business services provider’s stock after purchasing an additional 11,300 shares during the quarter. Aquatic Capital Management LLC’s holdings in Insperity were worth $1,386,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in NSP. Barclays PLC increased its stake in shares of Insperity by 129.7% in the third quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock valued at $7,269,000 after buying an additional 46,625 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Insperity in the third quarter valued at approximately $32,000. Tidal Investments LLC increased its stake in Insperity by 84.3% during the 3rd quarter. Tidal Investments LLC now owns 7,385 shares of the business services provider’s stock valued at $650,000 after purchasing an additional 3,377 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Insperity by 4.6% in the 3rd quarter. Franklin Resources Inc. now owns 20,821 shares of the business services provider’s stock worth $1,844,000 after acquiring an additional 909 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Insperity by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock valued at $13,259,000 after purchasing an additional 21,325 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Buying and Selling at Insperity

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

Insperity Trading Down 14.5 %

Shares of Insperity stock opened at $67.20 on Wednesday. The stock has a 50 day moving average of $85.06 and a 200 day moving average of $81.48. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of 27.88 and a beta of 0.67. Insperity, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $106.69.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.57%. The ex-dividend date was Thursday, March 13th. Insperity’s payout ratio is 99.59%.

Analyst Ratings Changes

Several equities analysts recently commented on NSP shares. StockNews.com upgraded Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Truist Financial decreased their price objective on Insperity from $88.00 to $82.00 and set a “hold” rating for the company in a report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Insperity has an average rating of “Hold” and an average price target of $93.67.

Insperity 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.