Zacks Research upgraded shares of Insperity (NYSE:NSP – Free Report) from a strong sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.
A number of other brokerages have also commented on NSP. Wall Street Zen lowered shares of Insperity from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. UBS Group set a $56.00 target price on shares of Insperity in a research report on Wednesday, February 11th. Weiss Ratings restated a “sell (d)” rating on shares of Insperity in a research report on Friday, March 27th. Roth Mkm set a $62.00 target price on shares of Insperity in a research report on Monday, January 5th. Finally, The Goldman Sachs Group set a $62.00 target price on shares of Insperity in a research report on Monday, January 5th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $47.50.
Read Our Latest Analysis on Insperity
Insperity Stock Performance
Insperity (NYSE:NSP – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The business services provider reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.13). Insperity had a negative return on equity of 12.09% and a negative net margin of 0.10%.The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the prior year, the firm earned $0.05 earnings per share. The business’s revenue was up 3.4% compared to the same quarter last year. Insperity has set its Q1 2026 guidance at 1.030-1.500 EPS and its FY 2026 guidance at 1.690-2.720 EPS. As a group, equities research analysts expect that Insperity will post 2.33 earnings per share for the current year.
Insperity Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 8.7%. The ex-dividend date was Friday, March 6th. Insperity’s payout ratio is -1,200.00%.
Insider Activity at Insperity
In other news, CEO Paul J. Sarvadi purchased 25,000 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $23.60 per share, with a total value of $590,000.00. Following the completion of the acquisition, the chief executive officer directly owned 997,912 shares of the company’s stock, valued at $23,550,723.20. This trade represents a 2.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP James D. Allison purchased 10,000 shares of the stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $20.45 per share, for a total transaction of $204,500.00. Following the acquisition, the executive vice president directly owned 94,272 shares of the company’s stock, valued at approximately $1,927,862.40. This represents a 11.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 214,437 shares of company stock valued at $4,941,246 over the last 90 days. 5.29% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Insperity
Several large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its holdings in Insperity by 21.4% during the fourth quarter. Hsbc Holdings PLC now owns 21,943 shares of the business services provider’s stock valued at $851,000 after purchasing an additional 3,869 shares in the last quarter. Invesco Ltd. lifted its holdings in Insperity by 117.8% during the fourth quarter. Invesco Ltd. now owns 1,137,255 shares of the business services provider’s stock valued at $44,035,000 after purchasing an additional 615,100 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Insperity during the fourth quarter valued at approximately $291,000. Vident Advisory LLC purchased a new position in Insperity during the fourth quarter valued at approximately $891,000. Finally, State of Tennessee Department of Treasury lifted its holdings in Insperity by 22.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 7,141 shares of the business services provider’s stock valued at $305,000 after purchasing an additional 1,328 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Insperity Company Profile
Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.
The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.
Further Reading
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