Jupiter Topco LLC purchased a new position in shares of Insperity, Inc. (NYSE:NSP – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,316 shares of the business services provider’s stock, valued at approximately $673,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted 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 purchasing an additional 182 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Insperity by 75.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock worth $47,000 after purchasing an additional 416 shares during the period. Public Employees Retirement System of Ohio grew its position in Insperity by 48.1% during the first quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock valued at $35,000 after buying an additional 422 shares during the period. Lazard Asset Management LLC raised its position in shares of Insperity by 7.7% in the third quarter. Lazard Asset Management LLC now owns 6,029 shares of the business services provider’s stock worth $297,000 after acquiring an additional 431 shares during the period. Finally, Legacy Wealth Asset Management LLC increased its stake in shares of Insperity by 2.8% in 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 in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on NSP shares. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 15th. Roth Capital set a $61.00 price target on shares of Insperity in a research report on Friday, July 31st. Robert W. Baird set a $56.00 price objective on Insperity in a report on Friday, July 31st. Finally, Truist Financial set a $52.00 target price on Insperity and gave the company a “hold” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $53.33.
Insperity Stock Down 0.3%
Shares of NYSE NSP opened at $51.82 on Monday. The stock has a market cap of $1.98 billion, a PE ratio of -120.51 and a beta of 0.51. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 6.87. Insperity, Inc. has a 12-month low of $18.57 and a 12-month high of $57.22. The company has a 50-day moving average of $49.84 and a 200 day moving average of $36.63.
Insperity (NYSE:NSP – Get Free Report) last issued its earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the previous year, the firm posted $0.26 EPS. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. 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, sell-side analysts predict that Insperity, Inc. will post 1.07 EPS for the current fiscal year.
Insperity Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. Insperity’s payout ratio is presently -558.14%.
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.
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