Raymond James Financial Inc. Has $6.45 Million Position in Insperity, Inc. $NSP

Raymond James Financial Inc. reduced its stake in shares of Insperity, Inc. (NYSE:NSP) by 46.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,317 shares of the business services provider’s stock after selling 61,736 shares during the period. Raymond James Financial Inc. owned 0.19% of Insperity worth $6,453,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. acquired a new position in Insperity during the first quarter worth $222,000. GAMMA Investing LLC lifted its holdings in shares of Insperity by 524.1% during the first quarter. GAMMA Investing LLC now owns 1,554 shares of the business services provider’s stock worth $139,000 after buying an additional 1,305 shares during the last quarter. Millennium Management LLC boosted its holdings in Insperity by 28.4% in the 4th quarter. Millennium Management LLC now owns 51,097 shares of the business services provider’s stock valued at $3,961,000 after purchasing an additional 11,289 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Insperity by 597.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,317 shares of the business services provider’s stock worth $1,813,000 after buying an additional 17,406 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Insperity during the 1st quarter worth approximately $268,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wall Street Zen cut shares of Insperity from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Roth Capital cut their price target on Insperity from $85.00 to $74.00 and set a “buy” rating for the company in a report on Monday, August 4th. JPMorgan Chase & Co. decreased their price objective on Insperity from $68.00 to $51.00 and set an “underweight” rating on the stock in a research report on Monday, August 4th. Finally, Truist Financial lowered their price target on shares of Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $58.33.

Insider Activity at Insperity

In other news, Director Carol R. Kaufman purchased 5,000 shares of Insperity stock in a transaction that occurred on Monday, August 4th. The stock was acquired at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the purchase, the director directly owned 47,067 shares of the company’s stock, valued at $2,129,311.08. This trade represents a 11.89% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John L. Lumelleau bought 5,500 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of $45.36 per share, with a total value of $249,480.00. Following the acquisition, the director directly owned 5,500 shares of the company’s stock, valued at approximately $249,480. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 20,194 shares of company stock valued at $925,981 in the last 90 days. Corporate insiders own 5.50% of the company’s stock.

Insperity Price Performance

NYSE:NSP opened at $55.12 on Thursday. The firm has a fifty day simple moving average of $56.35 and a 200 day simple moving average of $69.42. Insperity, Inc. has a 1-year low of $44.14 and a 1-year high of $95.98. The stock has a market capitalization of $2.08 billion, a PE ratio of 52.00 and a beta of 0.48. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29.

Insperity (NYSE:NSP) last issued its earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $0.86 earnings per share. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. On average, research analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be paid a $0.60 dividend. The ex-dividend date is Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a yield of 4.4%. Insperity’s dividend payout ratio is 226.42%.

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.