LPL Financial LLC Boosts Stock Holdings in Insperity, Inc. (NYSE:NSP)

LPL Financial LLC raised its holdings in Insperity, Inc. (NYSE:NSP) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,227 shares of the business services provider’s stock after purchasing an additional 208 shares during the quarter. LPL Financial LLC’s holdings in Insperity were worth $483,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NSP. Jones Financial Companies Lllp raised its holdings in shares of Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after acquiring an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Insperity during the 3rd quarter worth about $32,000. UMB Bank n.a. raised its stake in Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 267 shares during the last quarter. KBC Group NV lifted its holdings in Insperity by 87.5% in the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 905 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Insperity by 11.6% during the 4th quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock worth $158,000 after purchasing an additional 211 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the sale, the chief operating officer now directly owns 72,551 shares in the company, valued at $6,143,618.68. The trade was a 7.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of Insperity stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the transaction, the chief executive officer now owns 436,584 shares in the company, valued at $36,812,762.88. The trade was a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by company insiders.

Insperity Trading Up 0.9 %

Shares of NSP stock opened at $78.93 on Friday. The firm’s 50-day simple moving average is $85.62 and its 200-day simple moving average is $81.71. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $107.10. The firm has a market cap of $2.97 billion, a P/E ratio of 32.75 and a beta of 0.67.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity’s dividend payout ratio is currently 99.59%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. Truist Financial reduced their price target on Insperity from $88.00 to $82.00 and set a “hold” rating on the stock in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $93.67.

Insperity Profile

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