Insperity, Inc. (NYSE:NSP) Receives $58.33 Average Price Target from Analysts

Insperity, Inc. (NYSE:NSP) has been given an average recommendation of “Reduce” by the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $46.6667.

Several equities analysts have weighed in on NSP shares. Truist Financial dropped their price target on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Insperity in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Insperity from a “hold” rating to a “sell” rating in a report on Saturday. Roth Capital reiterated a “buy” rating and set a $71.00 price target on shares of Insperity in a report on Tuesday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating on the stock in a research note on Tuesday.

Insider Activity at Insperity

In related news, CEO Paul J. Sarvadi sold 10,850 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the completion of the transaction, the chief executive officer directly owned 428,001 shares in the company, valued at approximately $22,247,491.98. This represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Insperity

Large investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of Insperity by 524.1% in the 1st quarter. GAMMA Investing LLC now owns 1,554 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 1,305 shares in the last quarter. Private Trust Co. NA lifted its position in Insperity by 279.1% during the first quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock valued at $29,000 after buying an additional 240 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Insperity by 56.0% during the first quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider’s stock worth $63,000 after buying an additional 253 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Insperity by 17.8% in the first quarter. Envestnet Asset Management Inc. now owns 237,305 shares of the business services provider’s stock worth $21,175,000 after acquiring an additional 35,873 shares in the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Insperity in the first quarter worth $222,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Price Performance

Shares of NYSE NSP opened at $33.89 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29. The company’s 50-day moving average price is $48.16 and its 200 day moving average price is $56.73. Insperity has a 52 week low of $33.00 and a 52 week high of $95.98. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 31.97 and a beta of 0.52.

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

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s dividend payout ratio is currently 521.74%.

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.