Insperity (NYSE:NSP) Shares Gap Down – Should You Sell?
by Mitch Edgeman · The Markets DailyInsperity, Inc. (NYSE:NSP – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $45.55, but opened at $43.02. Insperity shares last traded at $43.4380, with a volume of 8,773 shares.
Analyst Ratings Changes
NSP has been the topic of a number of research reports. Roth Capital set a $54.00 price objective on Insperity in a report on Friday, May 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Insperity in a research report on Wednesday, June 24th. Zacks Research downgraded shares of Insperity from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. JPMorgan Chase & Co. lowered their price target 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. Finally, Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $46.00.
View Our Latest Analysis on Insperity
Insperity Stock Up 0.3%
The firm has a market cap of $1.68 billion, a price-to-earnings ratio of -65.71 and a beta of 0.55. The company has a debt-to-equity ratio of 5.51, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a 50-day moving average of $35.73 and a 200-day moving average of $33.53.
Insperity (NYSE:NSP – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.89 billion. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The company’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company earned $1.57 EPS. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. Sell-side analysts predict that Insperity, Inc. will post 0.99 EPS for the current fiscal year.
Insperity Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $0.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.4%. Insperity’s dividend payout ratio (DPR) is presently -358.21%.
Insider Activity at Insperity
In other Insperity news, CEO Paul J. Sarvadi bought 233,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average cost of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the purchase, the chief executive officer directly owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. This trade represents a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 5.77% of the company’s stock.
Institutional Investors Weigh In On Insperity
Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of Insperity by 205.4% in the 1st quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock worth $9,583,000 after acquiring an additional 72,241 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Insperity by 4.6% during 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 purchasing an additional 948 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Insperity during the first quarter worth approximately $218,000. Goldman Sachs Group Inc. grew its stake in Insperity by 54.2% during the first quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock worth $45,845,000 after purchasing an additional 180,563 shares during the period. Finally, United Services Automobile Association acquired a new stake in Insperity during the first quarter worth approximately $202,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.
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.