Randall Mehl Purchases 2,000 Shares of Insperity (NYSE:NSP) Stock

Insperity, Inc. (NYSE:NSPGet Free Report) Director Randall Mehl acquired 2,000 shares of Insperity stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $34.25 per share, with a total value of $68,500.00. Following the completion of the purchase, the director owned 24,707 shares in the company, valued at $846,214.75. The trade was a 8.81% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Randall Mehl also recently made the following trade(s):

  • On Friday, November 7th, Randall Mehl acquired 1,000 shares of Insperity stock. The shares were acquired at an average cost of $33.88 per share, with a total value of $33,880.00.

Insperity Price Performance

NSP stock traded down $1.07 during mid-day trading on Monday, reaching $32.79. The company’s stock had a trading volume of 809,332 shares, compared to its average volume of 556,971. 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 is $48.16 and its two-hundred day moving average is $56.42. Insperity, Inc. has a fifty-two week low of $32.62 and a fifty-two week high of $95.98. The stock has a market cap of $1.24 billion, a PE ratio of 30.93 and a beta of 0.52.

Insperity (NYSE:NSPGet Free Report) last issued its earnings results on Monday, November 3rd. The business services provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.42). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. Equities research analysts expect that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 7.3%. The ex-dividend date was Thursday, September 4th. Insperity’s payout ratio is 521.74%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Crossmark Global Holdings Inc. purchased a new position in Insperity during the 1st quarter worth approximately $222,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Insperity in the second quarter valued at approximately $589,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Insperity during the first quarter worth approximately $268,000. Strs Ohio purchased a new position in Insperity during the 1st quarter worth $321,000. Finally, Teacher Retirement System of Texas increased its stake in Insperity by 30.3% in the second quarter. Teacher Retirement System of Texas now owns 90,441 shares of the business services provider’s stock valued at $5,437,000 after purchasing an additional 21,027 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. dropped their target price on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating for the company in a report on Tuesday, November 4th. Truist Financial dropped their price objective on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, November 4th. Wall Street Zen downgraded Insperity from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings restated a “sell (d+)” rating on shares of Insperity in a report on Wednesday, October 8th. Finally, Roth Capital reiterated a “buy” rating and set a $71.00 price target on shares of Insperity in a research note on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $46.67.

Check Out Our Latest Report on Insperity

About Insperity

(Get Free Report)

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.

Read More

Insider Buying and Selling 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.