Vest Financial LLC reduced its position in Insperity, Inc. (NYSE:NSP – Free Report) by 35.3% during the second quarter, HoldingsChannel reports. The firm owned 10,680 shares of the business services provider’s stock after selling 5,830 shares during the period. Vest Financial LLC’s holdings in Insperity were worth $642,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Private Trust Co. NA boosted its stake in shares of Insperity by 279.1% in the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 240 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Insperity during the 1st quarter valued at $33,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Insperity during the 1st quarter valued at $42,000. First Horizon Advisors Inc. lifted its position in shares of Insperity by 56.0% during the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 253 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Insperity by 32.2% during the 1st 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 period. 93.44% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on NSP. Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. dropped their target price on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Truist Financial dropped their target price on shares of Insperity from $70.00 to $50.00 and set a “hold” rating on the stock in a research report on Monday, August 4th. Finally, Roth Capital dropped their target price on shares of Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $58.33.
Insperity Stock Performance
NSP opened at $46.43 on Thursday. 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 fifty day moving average price is $51.57 and its two-hundred day moving average price is $61.61. Insperity, Inc. has a 1-year low of $44.14 and a 1-year high of $95.98. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 43.80 and a beta of 0.46.
Insperity (NYSE:NSP – Get Free Report) last released its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the company posted $0.86 EPS. The business’s quarterly revenue was up 3.3% on a year-over-year basis. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. On average, analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.
Insperity Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a $0.60 dividend. The ex-dividend date was Thursday, September 4th. This represents a $2.40 annualized dividend and a dividend yield of 5.2%. Insperity’s dividend payout ratio is currently 226.42%.
Insider Buying and Selling
In other news, Director Carol R. Kaufman bought 5,000 shares of the stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $45.24 per share, for a total transaction of $226,200.00. Following the completion of the acquisition, the director directly owned 47,067 shares in the company, valued at approximately $2,129,311.08. This trade represents a 11.89% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Latha Ramchand bought 1,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average price of $50.64 per share, with a total value of $50,640.00. Following the acquisition, the director owned 15,120 shares of the company’s stock, valued at $765,676.80. The trade was a 7.08% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 20,194 shares of company stock valued at $925,981 over the last 90 days. 5.29% of the stock is currently owned by company insiders.
Insperity Company Profile
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.
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