Lakewood Capital Management LP Makes New Investment in Insperity, Inc. $NSP

Lakewood Capital Management LP purchased a new position in shares of Insperity, Inc. (NYSE:NSP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 165,000 shares of the business services provider’s stock, valued at approximately $6,816,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Insperity during the 2nd quarter valued at about $229,243,000. Hawk Ridge Capital Management LP purchased a new stake in Insperity during the 1st quarter worth approximately $39,608,000. Goldman Sachs Group Inc. increased its stake in 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 purchasing an additional 859,326 shares in the last quarter. Invesco Ltd. increased its stake in Insperity by 117.8% during 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. Finally, Reinhart Partners LLC. raised its holdings in shares of Insperity by 24.6% in the fourth quarter. Reinhart Partners LLC. now owns 2,745,035 shares of the business services provider’s stock worth $106,288,000 after buying an additional 542,709 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Activity

In related news, CEO Paul J. Sarvadi bought 233,000 shares of the stock in a transaction dated 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 purchase, the chief executive officer directly owned 1,105,912 shares of the company’s stock, valued at $37,656,303.60. This represents a 26.69% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

NSP has been the subject of several research reports. Truist Financial set a $52.00 price objective on shares of Insperity and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Roth Capital set a $61.00 price target on Insperity in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price objective on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $53.33.

Insperity Stock Down 1.2%

NYSE:NSP opened at $52.14 on Tuesday. 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 company’s fifty day moving average price is $47.15 and its 200-day moving average price is $35.43. Insperity, Inc. has a 1-year low of $18.57 and a 1-year high of $57.22. The firm has a market capitalization of $1.99 billion, a P/E ratio of -121.25 and a beta of 0.52.

Insperity (NYSE:NSP) last posted its earnings results 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. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the previous year, the firm posted $0.26 earnings per share. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. 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, equities research analysts anticipate that Insperity, Inc. will post 1.07 EPS for the current year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 2nd. Insperity’s payout ratio is -558.14%.

Insperity 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.