Insperity Inc (NYSE:NSP) EVP Arthur A. Arizpe sold 10,655 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $64.13, for a total transaction of $683,305.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Insperity Inc (NYSE:NSP) opened at $65.25 on Thursday. The firm has a market cap of $2,720.00, a P/E ratio of 32.46, a PEG ratio of 1.29 and a beta of 0.94. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. Insperity Inc has a 1-year low of $34.88 and a 1-year high of $66.80.
Insperity (NYSE:NSP) last announced its quarterly earnings data on Monday, February 12th. The business services provider reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.37). The business had revenue of $826.50 million during the quarter, compared to the consensus estimate of $813.28 million. Insperity had a return on equity of 102.86% and a net margin of 2.55%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.58 earnings per share. research analysts predict that Insperity Inc will post 2.72 earnings per share for the current year.
Insperity announced that its Board of Directors has authorized a share buyback program on Thursday, November 16th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.
Several institutional investors and hedge funds have recently made changes to their positions in NSP. USA Mutuals Advisors Inc. bought a new stake in Insperity during the 4th quarter valued at $100,000. Ameritas Investment Partners Inc. raised its holdings in Insperity by 18.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock valued at $114,000 after buying an additional 252 shares during the last quarter. Mutual of America Capital Management LLC raised its holdings in Insperity by 100.0% during the 4th quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock valued at $115,000 after buying an additional 1,000 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Insperity by 100.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock valued at $126,000 after buying an additional 1,100 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in Insperity by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after buying an additional 707 shares during the last quarter. Hedge funds and other institutional investors own 65.04% of the company’s stock.
A number of brokerages have recently weighed in on NSP. Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a report on Monday. Roth Capital boosted their price objective on shares of Insperity from $58.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, February 13th. Robert W. Baird restated a “buy” rating and issued a $56.00 price objective on shares of Insperity in a report on Friday, November 10th. Finally, SunTrust Banks restated a “hold” rating and issued a $55.00 price objective on shares of Insperity in a report on Friday, November 3rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $64.00.
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Insperity Company Profile
Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).
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