Sanctuary Advisors LLC Purchases New Shares in Insperity, Inc. $NSP

Sanctuary Advisors LLC purchased a new position in Insperity, Inc. (NYSE:NSPFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,966 shares of the business services provider’s stock, valued at approximately $1,073,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NSP. Geneos Wealth Management Inc. increased its position in Insperity by 32.2% during the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 182 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Insperity by 75.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock worth $47,000 after acquiring an additional 416 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Insperity by 48.1% during the 1st quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock worth $35,000 after purchasing an additional 422 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Insperity by 7.7% during the 3rd quarter. Lazard Asset Management LLC now owns 6,029 shares of the business services provider’s stock worth $297,000 after purchasing an additional 431 shares during the period. Finally, Legacy Wealth Asset Management LLC grew its holdings in Insperity by 2.8% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 16,822 shares of the business services provider’s stock valued at $695,000 after purchasing an additional 462 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Stock Down 0.1%

Shares of Insperity stock opened at $51.85 on Friday. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of -120.59 and a beta of 0.52. The firm’s 50-day moving average is $48.11 and its two-hundred day moving average is $35.69. Insperity, Inc. has a 1 year low of $18.57 and a 1 year high of $57.22.

Insperity (NYSE:NSPGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.67 billion. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm earned $0.26 earnings per share. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. As a group, research analysts expect that Insperity, Inc. will post 1.07 earnings per share for the current fiscal year.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 2nd will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 4.6%. The ex-dividend date is Wednesday, September 2nd. Insperity’s dividend payout ratio (DPR) is -558.14%.

Analysts Set New Price Targets

A number of research firms recently weighed in on NSP. Weiss Ratings raised shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 15th. Truist Financial set a $52.00 target price on Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird set a $56.00 price target on Insperity in a report on Friday, July 31st. Finally, Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $53.33.

Get Our Latest Research Report on Insperity

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi purchased 233,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were acquired at an average cost of $34.05 per share, with a total value 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 $37,656,303.60. This trade represents a 26.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.77% of the stock is currently owned by company insiders.

About Insperity

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSPFree Report).

Institutional Ownership 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.