Oppenheimer Asset Management Inc. purchased a new stake in shares of Insperity, Inc. (NYSE:NSP – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 53,806 shares of the business services provider’s stock, valued at approximately $2,223,000. Oppenheimer Asset Management Inc. owned 0.14% of Insperity as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in shares of Insperity by 205.4% during the 1st quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock worth $9,583,000 after acquiring an additional 72,241 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Insperity by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock valued at $1,908,000 after purchasing an additional 948 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Insperity in the 1st quarter valued at about $218,000. Goldman Sachs Group Inc. increased its stake in shares of Insperity by 54.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock valued at $45,845,000 after purchasing an additional 180,563 shares in the last quarter. Finally, United Services Automobile Association acquired a new position in Insperity in the 1st quarter worth about $202,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have commented on the company. Roth Capital set a $61.00 price objective on Insperity in a report on Friday, July 31st. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird set a $56.00 target price on Insperity in a research note on Friday, July 31st. Truist Financial set a $52.00 target price on Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings raised shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Insperity currently has an average rating of “Reduce” and a consensus target price of $53.33.
Insperity Price Performance
NYSE:NSP opened at $52.12 on Monday. Insperity, Inc. has a one year low of $18.57 and a one year high of $57.22. The stock has a market cap of $1.99 billion, a PE ratio of -121.21 and a beta of 0.52. The company has a debt-to-equity ratio of 6.87, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50 day moving average price of $45.31 and a 200 day moving average price of $35.01.
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 (EPS) for the quarter, beating 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 company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the business earned $0.26 EPS. 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. Equities research analysts expect that Insperity, Inc. will post 1.07 EPS for the current fiscal year.
Insperity Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, June 4th. Insperity’s dividend payout ratio (DPR) is presently -558.14%.
Insider Buying and Selling
In other news, CEO Paul J. Sarvadi bought 233,000 shares of Insperity stock in a transaction on Wednesday, June 3rd. The shares were bought at an average cost of $34.05 per share, with a total value 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 approximately $37,656,303.60. This trade 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 available at this link. 5.77% of the stock is owned by company insiders.
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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