Inspire Investing LLC Reduces Position in Insperity, Inc. $NSP

Inspire Investing LLC lessened its stake in shares of Insperity, Inc. (NYSE:NSP) by 25.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,842 shares of the business services provider’s stock after selling 1,327 shares during the quarter. Inspire Investing LLC’s holdings in Insperity were worth $343,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in NSP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Insperity by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,436 shares of the business services provider’s stock valued at $1,584,000 after purchasing an additional 795 shares during the period. Millennium Management LLC boosted its stake in shares of Insperity by 28.4% during the fourth 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. Nomura Holdings Inc. purchased a new stake in shares of Insperity during the fourth quarter valued at approximately $365,000. Snowden Capital Advisors LLC boosted its stake in shares of Insperity by 6.0% during the fourth quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider’s stock valued at $255,000 after purchasing an additional 186 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in shares of Insperity during the fourth quarter valued at approximately $446,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insider Activity

In related news, Director John L. Lumelleau acquired 5,500 shares of the 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 transaction, the director directly owned 5,500 shares in the company, valued at approximately $249,480. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Randall Mehl acquired 2,000 shares of the stock in a transaction dated Monday, August 4th. The shares were bought at an average cost of $45.05 per share, for a total transaction of $90,100.00. Following the completion of the transaction, the director owned 22,707 shares in the company, valued at approximately $1,022,950.35. This represents a 9.66% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 20,194 shares of company stock worth $925,981. 5.50% of the stock is currently owned by corporate insiders.

Insperity Stock Performance

NSP opened at $51.76 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 48.83 and a beta of 0.48. The company’s 50 day moving average is $54.98 and its 200 day moving average is $67.19. Insperity, Inc. has a 12-month low of $44.14 and a 12-month high of $95.98.

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

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, September 4th. Insperity’s payout ratio is presently 226.42%.

Analysts Set New Price Targets

A number of brokerages recently commented on NSP. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. dropped their price target on Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Truist Financial dropped their price target on Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Monday, August 4th. Finally, Roth Capital dropped their price target on Insperity from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $58.33.

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.