Insperity, Inc. (NYSE:NSP) Director Sells $191,082.50 in Stock

Insperity, Inc. (NYSE:NSPGet Rating) Director John M. Morphy sold 1,750 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $109.19, for a total value of $191,082.50. Following the sale, the director now owns 9,041 shares in the company, valued at approximately $987,186.79. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Insperity Stock Performance

NSP stock opened at $109.34 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.13 and a debt-to-equity ratio of 10.51. The business’s fifty day simple moving average is $100.21 and its two-hundred day simple moving average is $99.18. Insperity, Inc. has a twelve month low of $83.94 and a twelve month high of $129.32. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 1.81 and a beta of 1.34.

Insperity (NYSE:NSPGet Rating) last posted its quarterly earnings results on Monday, August 1st. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.17. Insperity had a return on equity of 341.97% and a net margin of 2.55%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the company earned $0.65 EPS. The business’s revenue was up 20.8% compared to the same quarter last year. Analysts predict that Insperity, Inc. will post 4.03 earnings per share for the current year.

Insperity Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 23rd. Stockholders of record on Thursday, June 9th were given a dividend of $0.52 per share. This is an increase from Insperity’s previous quarterly dividend of $0.45. The ex-dividend date was Wednesday, June 8th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.90%. Insperity’s dividend payout ratio is presently 57.46%.

Analyst Ratings Changes

Several research firms recently weighed in on NSP. Truist Financial decreased their price target on Insperity from $138.00 to $120.00 in a report on Friday, July 15th. TheStreet upgraded Insperity from a “c+” rating to a “b-” rating in a report on Wednesday, July 20th. William Blair restated an “outperform” rating on shares of Insperity in a report on Tuesday. Finally, StockNews.com upgraded Insperity from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 29th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Insperity presently has an average rating of “Buy” and an average price target of $129.33.

Hedge Funds Weigh In On Insperity

A number of hedge funds and other institutional investors have recently made changes to their positions in NSP. Venture Visionary Partners LLC bought a new stake in Insperity during the second quarter valued at about $32,000. Fifth Third Bancorp boosted its position in Insperity by 294.8% during the first quarter. Fifth Third Bancorp now owns 383 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 286 shares in the last quarter. UMB Bank N A MO bought a new stake in Insperity during the fourth quarter valued at about $74,000. Montag A & Associates Inc. bought a new stake in Insperity during the fourth quarter valued at about $97,000. Finally, Point72 Hong Kong Ltd acquired a new stake in Insperity in the first quarter worth about $124,000. Institutional investors own 88.08% of the company’s stock.

Insperity Company Profile

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Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company 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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Insider Buying and Selling by Quarter for Insperity (NYSE:NSP)

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