Ifrah Financial Services Inc. acquired a new position in Insperity Inc (NYSE:NSP) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 4,449 shares of the business services provider’s stock, valued at approximately $255,000.

Other institutional investors have also recently modified their holdings of the company. Ameritas Investment Partners Inc. lifted its stake in shares of Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock worth $114,000 after buying an additional 252 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in shares of Insperity by 100.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock worth $115,000 after buying an additional 1,000 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in shares of Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock worth $134,000 after buying an additional 707 shares during the last quarter. Ledyard National Bank lifted its stake in shares of Insperity by 439.1% in the fourth quarter. Ledyard National Bank now owns 3,585 shares of the business services provider’s stock worth $206,000 after buying an additional 2,920 shares during the last quarter. Finally, Profund Advisors LLC lifted its stake in shares of Insperity by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the business services provider’s stock worth $216,000 after buying an additional 465 shares during the last quarter. Institutional investors and hedge funds own 42.01% of the company’s stock.

A number of analysts have recently weighed in on the stock. Robert W. Baird restated a “buy” rating and issued a $56.00 price objective on shares of Insperity in a research note on Friday, November 10th. SunTrust Banks restated a “hold” rating and issued a $55.00 price objective on shares of Insperity in a research note on Friday, November 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $50.60.

In related news, President Richard G. Rawson sold 29,265 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $103.09, for a total transaction of $3,016,928.85. Following the completion of the transaction, the president now directly owns 97,410 shares in the company, valued at approximately $10,041,996.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $117.01, for a total transaction of $585,050.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,584 shares of company stock valued at $9,148,201. Corporate insiders own 27.47% of the company’s stock.

Insperity Inc (NYSE NSP) opened at $60.90 on Friday. The company has a market cap of $2,553.25 and a price-to-earnings ratio of 32.83. Insperity Inc has a one year low of $34.88 and a one year high of $62.55. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.16.

Insperity (NYSE:NSP) last released its earnings results on Wednesday, November 1st. The business services provider reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.08. The firm had revenue of $795.50 million during the quarter, compared to analysts’ expectations of $786.44 million. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 EPS. equities analysts predict that Insperity Inc will post 2.01 earnings per share for the current year.

Insperity declared that its board has approved a stock buyback plan on Thursday, November 16th that authorizes the company to buyback 500,000 shares. This buyback authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

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Insperity Company Profile

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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