Envestnet Asset Management Inc. Decreases Holdings in Insperity, Inc. $NSP

Envestnet Asset Management Inc. decreased its position in shares of Insperity, Inc. (NYSE:NSP) by 26.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 174,924 shares of the business services provider’s stock after selling 62,381 shares during the period. Envestnet Asset Management Inc.’s holdings in Insperity were worth $10,516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NSP. Crossmark Global Holdings Inc. purchased a new stake in shares of Insperity in the first quarter worth about $222,000. Strs Ohio bought a new position in Insperity during the 1st quarter valued at $321,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Insperity in the first quarter worth about $268,000. AQR Capital Management LLC increased its holdings in shares of Insperity by 85.6% in the 1st quarter. AQR Capital Management LLC now owns 308,017 shares of the business services provider’s stock valued at $27,078,000 after acquiring an additional 142,043 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Insperity by 10.3% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 143,841 shares of the business services provider’s stock worth $8,648,000 after buying an additional 13,388 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Insperity Price Performance

NYSE:NSP opened at $33.89 on Friday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12. The company has a 50-day moving average of $48.16 and a 200-day moving average of $56.58. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 31.97 and a beta of 0.52. Insperity, Inc. has a 52 week low of $33.00 and a 52 week high of $95.98.

Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, November 3rd. The business services provider reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.42). The firm had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.63 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. Insperity’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share. 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, equities research analysts anticipate that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

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

Wall Street Analyst Weigh In

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

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.