Randall Mehl Buys 2,000 Shares of Insperity (NYSE:NSP) Stock

Insperity, Inc. (NYSE:NSP) Director Randall Mehl purchased 2,000 shares of Insperity stock in a transaction dated Thursday, November 6th. The shares were purchased at an average price of $34.25 per share, with a total value of $68,500.00. Following the completion of the transaction, the director directly owned 24,707 shares in the company, valued at approximately $846,214.75. This represents a 8.81% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link.

Randall Mehl also recently made the following trade(s):

• On Friday, November 7th, Randall Mehl acquired 1,000 shares of Insperity stock. The stock was acquired at an average price of $33.88 per share, for a total transaction of $33,880.00.

Insperity Price Performance

NYSE:NSP opened at $34.12 on Wednesday. Insperity, Inc. has a 52-week low of $32.62 and a 52-week high of $95.98. The stock has a fifty day moving average of $47.31 and a 200 day moving average of $55.79. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 32.19 and a beta of 0.52.

Insperity (NYSE:NSP) last announced its earnings results on Monday, November 3rd. The business services provider reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.42). The business had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.63 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.Insperity’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. On average, research analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, September 4th. This represents a $2.40 annualized dividend and a yield of 7.0%. Insperity’s payout ratio is presently 521.74%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Zacks Research lowered shares of Insperity from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Truist Financial cut their target price on shares of Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday, November 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of Insperity in a research note on Wednesday, October 8th. JPMorgan Chase & Co. dropped their price target on Insperity from $51.00 to $34.00 and set an “underweight” rating for the company in a research note on Tuesday, November 4th. Finally, Roth Capital reiterated a “buy” rating and issued a $71.00 price objective on shares of Insperity in a report on Tuesday, November 4th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $46.67.

Institutional Trading of Insperity

Hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Insperity during the first quarter valued at about $33,000. DekaBank Deutsche Girozentrale purchased a new stake in Insperity during the 1st quarter valued at about $42,000. LRI Investments LLC boosted its holdings in Insperity by 134.0% during the 3rd quarter. LRI Investments LLC now owns 606 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 347 shares during the period. Geneos Wealth Management Inc. grew its position in Insperity by 32.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock worth $67,000 after acquiring an additional 182 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new position in Insperity in the 3rd quarter worth approximately $58,000. 93.44% of the stock is owned by institutional investors.

About Insperity

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.