Mutual of America Capital Management LLC Cuts Stake in Insperity, Inc. $NSP

Mutual of America Capital Management LLC lowered its stake in shares of Insperity, Inc. (NYSE:NSP) by 2.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,776 shares of the business services provider’s stock after selling 426 shares during the period. Mutual of America Capital Management LLC’s holdings in Insperity were worth $1,069,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NSP. Reinhart Partners LLC. increased its stake 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 worth $107,432,000 after purchasing an additional 302,893 shares in the last quarter. Millennium Management LLC increased its stake in shares of Insperity by 533.8% during the first quarter. Millennium Management LLC now owns 323,875 shares of the business services provider’s stock worth $28,899,000 after purchasing an additional 272,778 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in shares of Insperity by 40.0% during the first quarter. Jacobs Levy Equity Management Inc. now owns 703,011 shares of the business services provider’s stock worth $62,730,000 after purchasing an additional 200,685 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Insperity by 54.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock valued at $45,845,000 after acquiring an additional 180,563 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in Insperity by 85.6% during the 1st quarter. AQR Capital Management LLC now owns 308,017 shares of the business services provider’s stock valued at $27,078,000 after acquiring an additional 142,043 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Analysts Set New Price Targets

NSP has been the subject of several research reports. Truist Financial dropped their price objective on shares of Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Monday, August 4th. JPMorgan Chase & Co. dropped their price objective on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insperity in a research note on Saturday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $58.33.

Insperity Stock Performance

NYSE:NSP opened at $45.95 on Monday. 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 $1.73 billion, a price-to-earnings ratio of 43.35 and a beta of 0.46. The company’s 50-day moving average is $50.92 and its two-hundred day moving average is $59.44. Insperity, Inc. has a 1-year low of $44.14 and a 1-year high of $95.98.

Insperity (NYSE:NSP) last posted its 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). 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 business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 5.2%. The ex-dividend date was Thursday, September 4th. Insperity’s payout ratio is presently 226.42%.

Insider Buying and Selling

In other news, Director John L. Lumelleau bought 5,500 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were bought at an average cost of $45.36 per share, for a total transaction of $249,480.00. Following the acquisition, the director directly owned 5,500 shares of the company’s stock, valued at $249,480. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eli Jones acquired 2,204 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average cost of $45.41 per share, with a total value of $100,083.64. Following the transaction, the director directly owned 12,847 shares in the company, valued at $583,382.27. This trade represents a 20.71% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 20,194 shares of company stock worth $925,981 over the last ninety days. 5.50% of the stock is currently owned by insiders.

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.