Insperity, Inc. (NYSE:NSP) Shares Purchased by Cwm LLC

Cwm LLC grew its position in shares of Insperity, Inc. (NYSE:NSP) by 573.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 404 shares of the business services provider’s stock after purchasing an additional 344 shares during the period. Cwm LLC’s holdings in Insperity were worth $48,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NSP. Raymond James & Associates increased its stake in Insperity by 15.2% in the first quarter. Raymond James & Associates now owns 27,160 shares of the business services provider’s stock valued at $2,727,000 after purchasing an additional 3,589 shares during the last quarter. American Century Companies Inc. grew its holdings in Insperity by 20.6% in the first quarter. American Century Companies Inc. now owns 5,539 shares of the business services provider’s stock valued at $556,000 after purchasing an additional 946 shares during the period. Rhumbline Advisers increased its position in Insperity by 2.9% during the first quarter. Rhumbline Advisers now owns 103,906 shares of the business services provider’s stock worth $10,434,000 after purchasing an additional 2,942 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Insperity by 10.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,067 shares of the business services provider’s stock worth $1,312,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in Insperity by 9.1% during the first quarter. Great West Life Assurance Co. Can now owns 20,955 shares of the business services provider’s stock worth $2,164,000 after purchasing an additional 1,740 shares during the period. 91.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Insperity

In other news, Director John M. Morphy sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $98.24, for a total value of $147,360.00. Following the completion of the sale, the director now owns 9,115 shares of the company’s stock, valued at $895,457.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO Paul J. Sarvadi sold 17,386 shares of Insperity stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $103.45, for a total transaction of $1,798,581.70. Following the sale, the chief executive officer now owns 501,650 shares of the company’s stock, valued at approximately $51,895,692.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John M. Morphy sold 1,500 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $98.24, for a total transaction of $147,360.00. Following the completion of the transaction, the director now owns 9,115 shares in the company, valued at approximately $895,457.60. The disclosure for this sale can be found here. 5.61% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NSP has been the subject of several research reports. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday, November 1st. Truist Financial cut their price objective on Insperity from $128.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday, August 2nd.

Insperity Price Performance

Insperity stock opened at $108.60 on Monday. The firm has a fifty day moving average of $99.30 and a 200-day moving average of $107.98. Insperity, Inc. has a 52-week low of $93.56 and a 52-week high of $131.09. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 4.44. The firm has a market capitalization of $4.05 billion, a P/E ratio of 22.03, a PEG ratio of 1.68 and a beta of 1.20.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 8th were issued a $0.57 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $2.28 annualized dividend and a yield of 2.10%. Insperity’s dividend payout ratio is currently 46.25%.

Insperity Company Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. It 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.