Paul J. Sarvadi Sells 6,608 Shares of Insperity, Inc. (NYSE:NSP) Stock

Insperity, Inc. (NYSE:NSPGet Rating) CEO Paul J. Sarvadi sold 6,608 shares of Insperity stock in a transaction dated Thursday, April 28th. The shares were sold at an average price of $110.02, for a total value of $727,012.16. Following the transaction, the chief executive officer now owns 653,977 shares of the company’s stock, valued at approximately $71,950,549.54. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NSP stock opened at $105.77 on Tuesday. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 10.88. Insperity, Inc. has a 12-month low of $82.82 and a 12-month high of $129.32. The firm has a market cap of $4.05 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 2.02 and a beta of 1.58. The business has a 50-day moving average price of $97.31.

Insperity (NYSE:NSPGet Rating) last posted its quarterly earnings data on Tuesday, April 26th. The business services provider reported $1.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.19. Insperity had a return on equity of 244.01% and a net margin of 2.51%. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the previous year, the firm posted $1.58 EPS. Insperity’s revenue was up 22.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Insperity, Inc. will post 3.86 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend was Wednesday, March 9th. Insperity’s dividend payout ratio (DPR) is 52.94%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Louisiana State Employees Retirement System lifted its stake in Insperity by 1.1% in the 1st quarter. Louisiana State Employees Retirement System now owns 9,300 shares of the business services provider’s stock worth $965,000 after purchasing an additional 100 shares in the last quarter. Leuthold Group LLC lifted its stake in Insperity by 0.3% in the 3rd quarter. Leuthold Group LLC now owns 41,730 shares of the business services provider’s stock worth $4,621,000 after purchasing an additional 121 shares in the last quarter. US Bancorp DE lifted its stake in Insperity by 4.2% in the 3rd quarter. US Bancorp DE now owns 3,057 shares of the business services provider’s stock worth $339,000 after purchasing an additional 122 shares in the last quarter. Arizona State Retirement System lifted its stake in Insperity by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 10,008 shares of the business services provider’s stock worth $1,108,000 after purchasing an additional 140 shares in the last quarter. Finally, Fieldpoint Private Securities LLC lifted its stake in Insperity by 13.8% in the 4th quarter. Fieldpoint Private Securities LLC now owns 1,223 shares of the business services provider’s stock worth $144,000 after purchasing an additional 148 shares in the last quarter. 88.08% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently commented on NSP. StockNews.com upgraded Insperity from a “buy” rating to a “strong-buy” rating in a research report on Friday. Zacks Investment Research cut Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 target price on the stock. in a research report on Thursday, February 17th. Finally, TheStreet cut Insperity from a “b” rating to a “c+” rating in a research report on Friday, February 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $113.08.

Insperity Company Profile (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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