Shares of Insperity, Inc. (NYSE:NSP – Get Free Report) have received a consensus recommendation of “Reduce” from the five brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $53.3333.
Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial set a $52.00 price target on Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Roth Capital set a $61.00 price objective on Insperity in a research report on Friday, July 31st.
Read Our Latest Stock Analysis on Insperity
Insperity Stock Down 0.1%
Insperity (NYSE:NSP – Get Free Report) last announced its earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period last year, the firm posted $0.26 earnings per share. Insperity’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. Sell-side analysts predict that Insperity will post 1.07 EPS for the current fiscal year.
Insperity Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 2nd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $2.40 annualized dividend and a yield of 4.6%. Insperity’s dividend payout ratio is currently -558.14%.
Insider Buying and Selling
In other Insperity news, CEO Paul J. Sarvadi purchased 233,000 shares of the firm’s stock in a transaction on 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 purchase, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at $37,656,303.60. The trade was a 26.69% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.77% of the stock is owned by insiders.
Institutional Investors Weigh In On Insperity
A number of institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its stake in shares of Insperity by 205.4% during the first quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock valued at $9,583,000 after buying an additional 72,241 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 acquiring an additional 948 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Insperity in the 1st quarter valued at about $218,000. Goldman Sachs Group Inc. boosted its holdings in Insperity by 54.2% during 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 acquiring an additional 180,563 shares during the period. Finally, United Services Automobile Association purchased a new stake in Insperity during the 1st quarter valued at about $202,000. 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.
Recommended Stories
- Five stocks we like better than Insperity
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.
