Insperity (NYSE:NSP) Director Randall Mehl Purchases 1,000 Shares

Insperity, Inc. (NYSE:NSP) Director Randall Mehl acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of $33.88 per share, for a total transaction of $33,880.00. Following the purchase, the director directly owned 25,707 shares in the company, valued at $870,953.16. This trade represents a 4.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Randall Mehl also recently made the following trade(s):

• On Thursday, November 6th, Randall Mehl bought 2,000 shares of Insperity stock. The stock was acquired at an average cost of $34.25 per share, with a total value of $68,500.00.

Insperity Stock Down 3.2%

Shares of Insperity stock opened at $32.79 on Tuesday. The company has a market capitalization of $1.24 billion, a P/E ratio of 30.93 and a beta of 0.52. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The business has a 50-day moving average of $47.72 and a two-hundred day moving average of $56.10. Insperity, Inc. has a 1 year low of $32.62 and a 1 year high of $95.98.

Insperity (NYSE:NSP) last released its quarterly earnings data on Monday, November 3rd. The business services provider reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.42). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the firm earned $0.39 EPS. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. As a group, equities analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Thursday, September 4th. Insperity’s dividend payout ratio (DPR) is presently 521.74%.

Wall Street Analyst Weigh In

NSP has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Insperity from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings restated a “sell (d+)” rating on shares of Insperity in a report on Wednesday, October 8th. Truist Financial decreased their price objective on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a report on Tuesday, November 4th. Zacks Research lowered Insperity from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. cut their target price on Insperity from $51.00 to $34.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Insperity currently has an average rating of “Reduce” and an average target price of $46.67.

Institutional Investors Weigh In On Insperity

Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its stake in shares of Insperity by 16.9% in the third quarter. EverSource Wealth Advisors LLC now owns 3,697 shares of the business services provider’s stock valued at $182,000 after buying an additional 535 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Insperity by 117.9% during the 3rd quarter. GSA Capital Partners LLP now owns 27,740 shares of the business services provider’s stock worth $1,365,000 after purchasing an additional 15,010 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Insperity by 1,293.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 22,430 shares of the business services provider’s stock valued at $1,104,000 after purchasing an additional 20,820 shares during the period. ProShare Advisors LLC lifted its stake in Insperity by 14.1% in the 3rd quarter. ProShare Advisors LLC now owns 122,833 shares of the business services provider’s stock valued at $6,043,000 after purchasing an additional 15,190 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in Insperity by 51.1% during the third quarter. Oppenheimer Asset Management Inc. now owns 49,570 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 16,766 shares during the period. Institutional investors own 93.44% of the company’s stock.

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.