Insperity Inc (NYSE:NSP) insider Arthur A. Arizpe sold 5,000 shares of the stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $134.00, for a total transaction of $670,000.00. Following the sale, the insider now directly owns 37,633 shares in the company, valued at $5,042,822. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Insperity stock opened at $138.49 on Wednesday. The business’s 50-day moving average price is $125.50. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 41.09, a P/E/G ratio of 1.79 and a beta of 1.04. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.21. Insperity Inc has a one year low of $86.63 and a one year high of $139.27.
Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, April 29th. The business services provider reported $1.98 EPS for the quarter, topping the consensus estimate of $1.88 by $0.10. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.16 billion. Insperity had a net margin of 4.06% and a return on equity of 138.18%. The company’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 earnings per share. As a group, research analysts expect that Insperity Inc will post 4.19 earnings per share for the current year.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BB&T Corp grew its position in Insperity by 4.3% in the 1st quarter. BB&T Corp now owns 4,391 shares of the business services provider’s stock valued at $543,000 after buying an additional 181 shares in the last quarter. Advisors Preferred LLC bought a new position in shares of Insperity during the 1st quarter valued at about $26,000. Oregon Public Employees Retirement Fund boosted its position in shares of Insperity by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 15,409 shares of the business services provider’s stock valued at $1,882,000 after purchasing an additional 213 shares in the last quarter. Retirement Systems of Alabama boosted its position in shares of Insperity by 0.7% during the 2nd quarter. Retirement Systems of Alabama now owns 48,830 shares of the business services provider’s stock valued at $5,964,000 after purchasing an additional 335 shares in the last quarter. Finally, Texas Permanent School Fund boosted its position in shares of Insperity by 1.6% during the 1st quarter. Texas Permanent School Fund now owns 25,295 shares of the business services provider’s stock valued at $3,128,000 after purchasing an additional 397 shares in the last quarter. Hedge funds and other institutional investors own 82.87% of the company’s stock.
A number of analysts have weighed in on NSP shares. Zacks Investment Research cut shares of Hersha Hospitality Trust from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. SunTrust Banks increased their target price on shares of FTI Consulting to $88.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Insperity presently has an average rating of “Buy” and a consensus target price of $126.40.
Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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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