Insperity, Inc. (NSP) CFO Douglas S. Sharp Sells 2,633 Shares of Stock
Insperity, Inc. (NYSE:NSP) CFO Douglas S. Sharp sold 2,633 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $101.06, for a total value of $266,090.98. Following the completion of the sale, the chief financial officer now owns 11,769 shares in the company, valued at approximately $1,189,375.14. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of Insperity, Inc. (NYSE:NSP) opened at $104.25 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $2,093.67, a price-to-earnings ratio of 26.86, a P/E/G ratio of 1.42 and a beta of 0.82. Insperity, Inc. has a 1-year low of $67.55 and a 1-year high of $104.50.
Insperity (NYSE:NSP) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.16. The firm had revenue of $795.50 million for the quarter, compared to the consensus estimate of $786.44 million. Insperity had a return on equity of 94.38% and a net margin of 2.43%. During the same quarter in the previous year, the business earned $0.78 EPS. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. research analysts forecast that Insperity, Inc. will post 3.94 earnings per share for the current fiscal year.
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Hedge funds and other institutional investors have recently modified their holdings of the business. Victory Capital Management Inc. increased its holdings in Insperity by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 1,445 shares of the business services provider’s stock worth $103,000 after purchasing an additional 217 shares during the period. Ameritas Investment Partners Inc. increased its holdings in Insperity by 18.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock worth $114,000 after purchasing an additional 252 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in Insperity by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock worth $134,000 after purchasing an additional 707 shares during the period. LS Investment Advisors LLC increased its holdings in Insperity by 29.3% during the 3rd quarter. LS Investment Advisors LLC now owns 2,527 shares of the business services provider’s stock worth $222,000 after purchasing an additional 573 shares during the period. Finally, Shaker Investments LLC OH purchased a new stake in Insperity during the 3rd quarter worth about $238,000. Institutional investors own 81.74% of the company’s stock.
NSP has been the topic of several research analyst reports. Roth Capital upgraded Insperity from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $84.00 to $92.00 in a report on Tuesday, August 1st. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $110.00 price objective on shares of Insperity in a report on Friday. They noted that the move was a valuation call. Zacks Investment Research upgraded Insperity from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a report on Monday, August 7th. Finally, BidaskClub upgraded Insperity from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $97.20.
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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