Insperity Inc (NYSE:NSP) EVP Jay E. Mincks sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $79.00, for a total value of $158,000.00. Following the completion of the transaction, the executive vice president now owns 61,672 shares of the company’s stock, valued at $4,872,088. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Jay E. Mincks also recently made the following trade(s):
- On Tuesday, November 12th, Jay E. Mincks sold 3,000 shares of Insperity stock. The stock was sold at an average price of $70.09, for a total value of $210,270.00.
Shares of NYSE NSP traded up $0.84 during midday trading on Friday, reaching $83.02. 2,725 shares of the stock traded hands, compared to its average volume of 578,668. The company has a debt-to-equity ratio of 5.84, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market capitalization of $3.22 billion, a PE ratio of 24.42, a P/E/G ratio of 1.50 and a beta of 0.92. Insperity Inc has a one year low of $67.06 and a one year high of $144.92. The company’s 50 day moving average is $82.07 and its 200 day moving average is $103.30.
Insperity (NYSE:NSP) last posted its earnings results on Monday, November 4th. The business services provider reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.26). The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. Insperity had a net margin of 3.69% and a return on equity of 166.72%. The firm’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.96 earnings per share. As a group, equities analysts forecast that Insperity Inc will post 3.59 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.45%. Insperity’s dividend payout ratio is currently 35.61%.
NSP has been the subject of several recent analyst reports. Robert W. Baird set a $141.00 price target on Insperity and gave the stock a “buy” rating in a research note on Wednesday, August 21st. SunTrust Banks lowered their target price on Insperity to $128.00 and set an “accumulate” rating for the company in a research report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $135.00.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Resources Management Corp CT ADV bought a new position in shares of Insperity during the 3rd quarter valued at approximately $35,000. Advisors Preferred LLC lifted its position in Insperity by 68.8% in the second quarter. Advisors Preferred LLC now owns 351 shares of the business services provider’s stock worth $44,000 after buying an additional 143 shares during the last quarter. US Bancorp DE lifted its position in Insperity by 279.1% in the second quarter. US Bancorp DE now owns 436 shares of the business services provider’s stock worth $53,000 after buying an additional 321 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Insperity in the second quarter worth $79,000. Finally, Tower Research Capital LLC TRC lifted its position in Insperity by 8,187.5% in the second quarter. Tower Research Capital LLC TRC now owns 663 shares of the business services provider’s stock worth $81,000 after buying an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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.
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