Insperity, Inc. (NYSE:NSP – Get Free Report) shares were up 8.8% during trading on Wednesday . The stock traded as high as $38.48 and last traded at $38.0150. Approximately 101,675 shares traded hands during trading, a decline of 90% from the average daily volume of 1,022,725 shares. The stock had previously closed at $34.95.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on NSP shares. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Roth Mkm set a $54.00 price target on Insperity in a research note on Friday, May 1st. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. dropped their price target on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research note on Friday, May 1st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Insperity in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Insperity currently has an average rating of “Reduce” and a consensus target price of $46.00.
Read Our Latest Report on Insperity
Insperity Trading Down 3.2%
Insperity (NYSE:NSP – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the company earned $1.57 earnings per share. The company’s revenue was up 1.7% on a year-over-year basis. 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 research analysts predict that Insperity, Inc. will post 0.99 EPS for the current fiscal year.
Insperity Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.7%. Insperity’s dividend payout ratio is presently -358.21%.
Insider Transactions at Insperity
In other Insperity news, CEO Paul J. Sarvadi purchased 233,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were bought 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 in the company, valued at $37,656,303.60. This trade represents a 26.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.77% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Hawk Ridge Capital Management LP purchased a new position in shares of Insperity during the 1st quarter valued at approximately $39,608,000. Goldman Sachs Group Inc. grew its position in shares of Insperity by 140.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,471,160 shares of the business services provider’s stock valued at $56,963,000 after acquiring an additional 859,326 shares during the period. Invesco Ltd. increased its stake in shares of Insperity by 117.8% in the 4th quarter. Invesco Ltd. now owns 1,137,255 shares of the business services provider’s stock valued at $44,035,000 after purchasing an additional 615,100 shares in the last quarter. Reinhart Partners LLC. boosted its position in Insperity by 24.6% during the fourth quarter. Reinhart Partners LLC. now owns 2,745,035 shares of the business services provider’s stock worth $106,288,000 after purchasing an additional 542,709 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Insperity in the first quarter valued at approximately $12,890,000. 93.44% of the stock is owned by institutional investors and hedge funds.
About Insperity
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.
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