Wealth Enhancement Advisory Services LLC Sells 1,736 Shares of Insperity, Inc. $NSP

Wealth Enhancement Advisory Services LLC cut its holdings in shares of Insperity, Inc. (NYSE:NSP) by 8.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,581 shares of the business services provider’s stock after selling 1,736 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Insperity were worth $1,140,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Reinhart Partners LLC. grew its position in shares of Insperity by 20.4% during the second quarter. Reinhart Partners LLC. now owns 1,786,953 shares of the business services provider’s stock valued at $107,432,000 after purchasing an additional 302,893 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Insperity by 10.3% during the second quarter. Harbor Capital Advisors Inc. now owns 143,841 shares of the business services provider’s stock valued at $8,648,000 after purchasing an additional 13,388 shares in the last quarter. Strs Ohio purchased a new position in shares of Insperity during the first quarter valued at about $321,000. Geneos Wealth Management Inc. grew its position in shares of Insperity by 32.2% during the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 182 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Insperity during the first quarter valued at about $299,000. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on NSP. JPMorgan Chase & Co. cut their price objective on Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research report on Monday, August 4th. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. 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 report on Monday, August 4th. Finally, 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 report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $58.33.

Insider Activity

In related news, Director Eli Jones purchased 2,204 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of $45.41 per share, with a total value of $100,083.64. Following the completion of the purchase, the director owned 12,847 shares of the company’s stock, valued at approximately $583,382.27. The trade was a 20.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Carol R. Kaufman purchased 5,000 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were bought at an average cost of $45.24 per share, with a total value of $226,200.00. Following the purchase, the director directly owned 47,067 shares of the company’s stock, valued at approximately $2,129,311.08. This represents a 11.89% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 20,194 shares of company stock valued at $925,981. Insiders own 5.29% of the company’s stock.

Insperity Stock Up 0.3%

Shares of NYSE:NSP opened at $49.37 on Thursday. Insperity, Inc. has a 1 year low of $44.14 and a 1 year high of $95.98. The business has a 50 day simple moving average of $53.17 and a two-hundred day simple moving average of $64.45. The firm has a market capitalization of $1.86 billion, a PE ratio of 46.57 and a beta of 0.46. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the firm posted $0.86 EPS. The business’s revenue was up 3.3% on a year-over-year basis. 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 analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s payout ratio is currently 226.42%.

About Insperity

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.