Insperity, Inc. $NSP Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC cut its stake in Insperity, Inc. (NYSE:NSP) by 7.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,677 shares of the business services provider’s stock after selling 4,733 shares during the period. Voya Investment Management LLC owned 0.16% of Insperity worth $5,503,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in NSP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $1,584,000 after purchasing an additional 795 shares during the period. Millennium Management LLC grew its position 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 buying an additional 11,289 shares in the last quarter. Nomura Holdings Inc. bought a new position in Insperity in the 4th quarter valued at about $365,000. Snowden Capital Advisors LLC grew its position in Insperity by 6.0% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider’s stock valued at $255,000 after buying an additional 186 shares in the last quarter. Finally, Two Sigma Investments LP bought a new position in Insperity in the 4th quarter valued at about $446,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NSP shares. Roth Capital decreased their target price on shares of Insperity from $85.00 to $74.00 and set a “buy” rating for the company in a research report on Monday, August 4th. Truist Financial reduced their price objective 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. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $58.33.

Insider Activity at Insperity

In related news, Director John L. Lumelleau purchased 5,500 shares of the stock in a transaction on Monday, August 4th. The shares were bought at an average price of $45.36 per share, for a total transaction of $249,480.00. Following the completion of the acquisition, the director directly owned 5,500 shares in the company, valued at approximately $249,480. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Randall Mehl purchased 2,000 shares of the stock in a transaction on Monday, August 4th. The shares were bought at an average price of $45.05 per share, for a total transaction of $90,100.00. Following the acquisition, the director owned 22,707 shares of the company’s stock, valued at approximately $1,022,950.35. The trade was a 9.66% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 20,194 shares of company stock valued at $925,981. 5.29% of the stock is owned by company insiders.

Insperity Price Performance

NYSE NSP opened at $51.48 on Friday. The company has a 50 day simple moving average of $54.62 and a 200-day simple moving average of $66.84. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 48.57 and a beta of 0.48. Insperity, Inc. has a 52-week low of $44.14 and a 52-week high of $95.98.

Insperity (NYSE:NSP) last posted its quarterly earnings results 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 company 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%.Insperity’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $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. Equities research analysts predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s dividend payout ratio (DPR) is presently 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.