Insperity (NYSE:NSP) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Insperity (NYSE:NSP – Free Report) from a sell rating to a hold rating in a report released on Saturday morning.

A number of other brokerages have also weighed in on NSP. Roth Capital cut their price objective on Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. reduced their price target on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Finally, Truist Financial decreased their price objective on shares of Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $58.33.

Read Our Latest Research Report on Insperity

Insperity Price Performance

Shares of NYSE NSP opened at $51.97 on Friday. The business has a 50-day simple moving average of $55.18 and a two-hundred day simple moving average of $67.29. The company has a market cap of $1.96 billion, a PE ratio of 49.02 and a beta of 0.48. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12. Insperity has a fifty-two week low of $44.14 and a fifty-two week high of $95.98.

Insperity (NYSE:NSP – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.15). The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm 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, equities analysts expect that Insperity will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, September 4th. Insperity’s payout ratio is currently 226.42%.

Insider Buying and Selling at Insperity

In related news, Director Eli Jones acquired 2,204 shares of Insperity stock in a transaction on Monday, August 4th. The stock was bought at an average cost of $45.41 per share, for a total transaction of $100,083.64. Following the completion of the transaction, the director owned 12,847 shares of the company’s stock, valued at approximately $583,382.27. The trade was a 20.71% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Randall Mehl bought 2,000 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $45.05 per share, for a total transaction of $90,100.00. Following the transaction, the director owned 22,707 shares of the company’s stock, valued at approximately $1,022,950.35. This trade represents a 9.66% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 20,194 shares of company stock worth $925,981. 5.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA boosted its holdings in Insperity by 279.1% in the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock worth $29,000 after buying an additional 240 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Insperity in the first quarter worth approximately $33,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity during the first quarter worth approximately $42,000. First Horizon Advisors Inc. raised its stake in Insperity by 56.0% in the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 253 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Insperity by 32.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 182 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

About Insperity

(Get Free Report)

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.

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