Insperity, Inc. (NYSE:NSP) CEO Sells $727,012.16 in Stock

Insperity, Inc. (NYSE:NSPGet Rating) CEO Paul J. Sarvadi sold 6,608 shares of the stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $110.02, for a total value of $727,012.16. Following the completion of the transaction, the chief executive officer now directly owns 653,977 shares in the company, valued at approximately $71,950,549.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NYSE NSP opened at $105.77 on Tuesday. The company has a debt-to-equity ratio of 10.88, a current ratio of 1.11 and a quick ratio of 1.10. The company has a market cap of $4.05 billion, a PE ratio of 31.11, a PEG ratio of 2.02 and a beta of 1.58. The firm’s fifty day moving average is $97.31. Insperity, Inc. has a 12-month low of $82.82 and a 12-month high of $129.32.

Insperity (NYSE:NSPGet Rating) last announced its earnings results on Tuesday, April 26th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.19. The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Insperity had a return on equity of 244.01% and a net margin of 2.51%. The business’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. As a group, analysts forecast that Insperity, Inc. will post 3.86 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 24th. Stockholders of record on Thursday, March 10th were issued a dividend of $0.45 per share. The ex-dividend date was Wednesday, March 9th. This represents a $1.80 annualized dividend and a dividend yield of 1.70%. Insperity’s dividend payout ratio is presently 52.94%.

Several institutional investors and hedge funds have recently modified their holdings of NSP. Fifth Third Bancorp lifted its holdings in shares of Insperity by 294.8% during the 1st 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 during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Insperity by 860.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 461 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 413 shares during the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of Insperity during the 3rd quarter valued at $69,000. UMB Bank N A MO purchased a new stake in shares of Insperity during the 4th quarter valued at $74,000. Finally, Montag A & Associates Inc. purchased a new stake in shares of Insperity during the 4th quarter valued at $97,000. Hedge funds and other institutional investors own 88.08% of the company’s stock.

Several brokerages recently issued reports on NSP. StockNews.com raised Insperity from a “buy” rating to a “strong-buy” rating in a research note on Friday. TheStreet cut Insperity from a “b” rating to a “c+” rating in a research note on Friday, February 11th. Finally, Zacks Investment Research cut Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 price objective on the stock. in a research note on Thursday, February 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $113.08.

About Insperity (Get Rating)

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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