Somewhat Positive Media Coverage Somewhat Unlikely to Affect Insperity (NSP) Share Price
News headlines about Insperity (NYSE:NSP) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Insperity earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 44.4163865702712 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Insider Selling: Insperity, Inc. (NSP) Director Sells 500 Shares of Stock (americanbankingnews.com)
- Teachers Advisors, LLC Marginally Increases Its Investment in Insperity, Inc. (NSP) Stock Last Quarter – Modern Readers (modernreaders.com)
- Insperity, Inc. (NYSE:NSP) Stock Closed Significantly Above Its 50 Day Average – Modern Readers (modernreaders.com)
- Insperity, Inc. (NSP) EVP Sells $168,400.00 in Stock (americanbankingnews.com)
- Insperity, Inc. (NYSE:NSP) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
Several analysts have recently commented on NSP shares. BidaskClub upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Zacks Investment Research downgraded Insperity from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th. Finally, Roth Capital upgraded Insperity from a “neutral” rating to a “buy” rating and raised their target price for the company from $84.00 to $92.00 in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $94.00.
Shares of Insperity (NYSE:NSP) remained flat at $82.40 during mid-day trading on Friday. 123,133 shares of the stock traded hands. The company’s 50-day moving average price is $75.30 and its 200-day moving average price is $80.25. Insperity has a 52-week low of $64.55 and a 52-week high of $93.65. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 23.86 and a beta of 0.76.
Insperity (NYSE:NSP) last announced its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.14. Insperity had a net margin of 2.34% and a return on equity of 96.85%. The business had revenue of $795.50 million during the quarter, compared to the consensus estimate of $778.88 million. During the same quarter last year, the firm earned $0.60 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, analysts expect that Insperity will post $4.55 EPS for the current fiscal year.
In other Insperity news, Director John M. Morphy sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $83.85, for a total transaction of $41,925.00. Following the completion of the transaction, the director now owns 1,887 shares of the company’s stock, valued at $158,224.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Richard G. Rawson sold 51,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $84.94, for a total transaction of $4,331,940.00. Following the transaction, the president now directly owns 128,868 shares of the company’s stock, valued at approximately $10,946,047.92. The disclosure for this sale can be found here. Insiders have sold 81,575 shares of company stock valued at $6,913,786 in the last ninety days. Insiders own 27.47% of the company’s stock.
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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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