Y Intercept Hong Kong Ltd Purchases New Shares in Insperity, Inc. $NSP

Y Intercept Hong Kong Ltd purchased a new stake in Insperity, Inc. (NYSE:NSP) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 9,795 shares of the business services provider’s stock, valued at approximately $589,000.

A number of other hedge funds and other institutional investors have also modified their holdings of NSP. Crossmark Global Holdings Inc. acquired a new stake in Insperity during the 1st quarter worth about $222,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Insperity during the 1st quarter worth about $268,000. Strs Ohio acquired a new stake in Insperity during the 1st quarter worth about $321,000. AQR Capital Management LLC boosted its position 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 worth $27,078,000 after acquiring an additional 142,043 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Insperity by 17.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 237,305 shares of the business services provider’s stock worth $21,175,000 after acquiring an additional 35,873 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Stock Down 2.6%

Shares of Insperity stock opened at $36.07 on Thursday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 34.03 and a beta of 0.52. 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, Inc. has a 52-week low of $33.00 and a 52-week high of $95.98. The stock has a 50-day simple moving average of $49.00 and a 200-day simple moving average of $57.19.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Monday, November 3rd. The business services provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.42). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. On average, equities research analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s dividend payout ratio (DPR) is presently 521.74%.

Insider Buying and Selling at Insperity

In related news, CEO Paul J. Sarvadi sold 10,850 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the transaction, the chief executive officer directly owned 428,001 shares of the company’s stock, valued at approximately $22,247,491.98. This trade represents a 2.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NSP. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research report on Friday, October 3rd. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Roth Capital restated a “buy” rating and set a $71.00 price objective on shares of Insperity in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on Insperity from $51.00 to $34.00 and set an “underweight” rating for the company in a research report on Tuesday. Finally, Truist Financial decreased their price objective on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Insperity has a consensus rating of “Reduce” and a consensus price target of $46.67.

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.