Shares of Insperity, Inc. (NYSE:NSP – Get Free Report) rose 5.6% on Monday . The stock traded as high as $48.26 and last traded at $48.04. 90,524 shares were traded during trading, a decline of 91% from the average daily volume of 992,054 shares. The stock had previously closed at $45.51.
Wall Street Analysts Forecast Growth
NSP has been the topic of a number of research reports. JPMorgan Chase & Co. lowered their price objective on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research note on Friday, May 1st. Zacks Research lowered shares of Insperity from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Roth Capital set a $54.00 price target on shares of Insperity in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $46.00.
Check Out Our Latest Analysis on NSP
Insperity Stock Up 6.5%
Insperity (NYSE:NSP – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.57 EPS. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. On average, research analysts forecast that Insperity, Inc. will post 0.99 earnings per share for the current year.
Insperity Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Thursday, June 4th. Insperity’s payout ratio is presently -358.21%.
Insider Buying and Selling at Insperity
In other news, CEO Paul J. Sarvadi purchased 233,000 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were purchased 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 represents a 26.69% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 5.77% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Insperity
Several hedge funds have recently bought and sold shares of NSP. Vanguard Group Inc. increased its holdings in Insperity by 7.3% during the 4th quarter. Vanguard Group Inc. now owns 4,051,372 shares of the business services provider’s stock worth $156,869,000 after acquiring an additional 274,198 shares during the period. Reinhart Partners LLC. boosted its holdings in Insperity by 12.1% in the 2nd quarter. Reinhart Partners LLC. now owns 3,304,074 shares of the business services provider’s stock valued at $136,492,000 after purchasing an additional 356,365 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Insperity by 7.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,596,769 shares of the business services provider’s stock valued at $61,827,000 after purchasing an additional 106,079 shares in the last quarter. Earnest Partners LLC grew its position in shares of Insperity by 13.1% during the 4th quarter. Earnest Partners LLC now owns 1,582,949 shares of the business services provider’s stock valued at $61,292,000 after purchasing an additional 182,863 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Insperity by 140.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,471,160 shares of the business services provider’s stock worth $56,963,000 after purchasing an additional 859,326 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.
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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