HITE Hedge Asset Management LLC Trims Holdings in Insperity, Inc. $NSP

HITE Hedge Asset Management LLC trimmed its position in Insperity, Inc. (NYSE:NSP) by 45.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,451 shares of the business services provider’s stock after selling 42,450 shares during the period. HITE Hedge Asset Management LLC’s holdings in Insperity were worth $1,992,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NSP. Royal Bank of Canada lifted its holdings in Insperity by 205.4% in the 1st quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock valued at $9,583,000 after purchasing an additional 72,241 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Insperity by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock valued at $1,908,000 after purchasing an additional 948 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Insperity in the 1st quarter valued at about $218,000. Goldman Sachs Group Inc. lifted its holdings in Insperity by 54.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock valued at $45,845,000 after purchasing an additional 180,563 shares in the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Insperity during the 1st quarter worth about $202,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi purchased 233,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the acquisition, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. This represents a 26.69% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have purchased a total of 534,987 shares of company stock valued at $15,495,416 in the last 90 days. Company insiders own 5.77% of the company’s stock.

Insperity Trading Down 3.2%

Shares of NSP stock opened at $36.48 on Friday. The firm has a market cap of $1.39 billion, a P/E ratio of -54.44 and a beta of 0.59. Insperity, Inc. has a 1-year low of $18.57 and a 1-year high of $63.30. The company has a debt-to-equity ratio of 5.51, a current ratio of 1.09 and a quick ratio of 1.09. The firm’s 50-day simple moving average is $31.80 and its 200-day simple moving average is $33.07.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.07. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.57 EPS. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. As a group, equities analysts forecast that Insperity, Inc. will post 0.99 EPS for the current year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $0.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $2.40 annualized dividend and a yield of 6.6%. Insperity’s dividend payout ratio (DPR) is presently -358.21%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NSP shares. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a report on Friday, March 27th. JPMorgan Chase & Co. cut their price objective on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, May 1st. Finally, Roth Mkm set a $54.00 price objective on shares of Insperity in a report on Friday, May 1st. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $46.00.

Insperity Company Profile

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.