Insperity, Inc. (NYSE:NSP) Receives Consensus Rating of “Reduce” from Analysts

Shares of Insperity, Inc. (NYSE:NSP) have been assigned an average recommendation of “Reduce” from the five brokerages that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $58.3333.

Several brokerages recently issued reports on NSP. Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a research report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insperity in a report on Saturday, September 27th. Roth Capital dropped their price objective on shares of Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a report on Monday, August 4th. Truist Financial cut their price target on Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research note on Monday, August 4th.

Insiders Place Their Bets

In other news, Director Carol R. Kaufman acquired 5,000 shares of the business’s stock in a transaction on Monday, August 4th. The shares were acquired at an average cost of $45.24 per share, with a total value of $226,200.00. Following the transaction, the director owned 47,067 shares in the company, valued at $2,129,311.08. The trade was a 11.89% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Paul J. Sarvadi sold 10,850 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the completion of the sale, the chief executive officer owned 428,001 shares in the company, valued at $22,247,491.98. The trade was a 2.47% decrease in their position. The disclosure for this sale can be found here. Insiders have purchased a total of 20,194 shares of company stock valued at $925,981 over the last quarter. 5.50% of the stock is owned by company insiders.

Institutional Trading of Insperity

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NSP. Norges Bank acquired a new position in Insperity during the 2nd quarter valued at about $26,960,000. Reinhart Partners LLC. grew its holdings in Insperity by 20.4% in the second quarter. Reinhart Partners LLC. now owns 1,786,953 shares of the business services provider’s stock valued at $107,432,000 after purchasing an additional 302,893 shares during the period. Millennium Management LLC raised its stake in Insperity by 533.8% in the 1st quarter. Millennium Management LLC now owns 323,875 shares of the business services provider’s stock valued at $28,899,000 after purchasing an additional 272,778 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Insperity by 40.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 703,011 shares of the business services provider’s stock valued at $62,730,000 after acquiring an additional 200,685 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew 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 buying an additional 180,563 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Trading Down 0.5%

NYSE NSP opened at $49.08 on Tuesday. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 46.30 and a beta of 0.46. Insperity has a twelve month low of $44.14 and a twelve month high of $95.98. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. The business’s fifty day moving average is $52.49 and its 200 day moving average is $63.28.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.86 earnings per share. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, sell-side analysts expect that Insperity will post 2.33 EPS for the current fiscal year.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s dividend payout ratio is 226.42%.

About Insperity

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.