Arthur A. Arizpe Sells 5,000 Shares of Insperity, Inc. (NYSE:NSP) Stock

Insperity, Inc. (NYSE:NSP) COO Arthur A. Arizpe sold 5,000 shares of the stock in a transaction dated Thursday, October 7th. The stock was sold at an average price of $120.28, for a total transaction of $601,400.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Insperity stock opened at $118.29 on Thursday. Insperity, Inc. has a 1-year low of $71.23 and a 1-year high of $122.01. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 41.36, a P/E/G ratio of 2.00 and a beta of 1.50. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 4.23. The firm has a 50 day simple moving average of $109.56 and a 200 day simple moving average of $97.13.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Sunday, August 1st. The business services provider reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.25. Insperity had a net margin of 2.46% and a return on equity of 180.52%. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the firm earned $1.54 EPS. The business’s quarterly revenue was up 19.3% compared to the same quarter last year. On average, equities research analysts forecast that Insperity, Inc. will post 3.51 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 24th. Stockholders of record on Friday, September 10th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend was Thursday, September 9th. Insperity’s dividend payout ratio is currently 50.85%.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. raised its position in Insperity by 4.6% in the 2nd quarter. BlackRock Inc. now owns 4,725,679 shares of the business services provider’s stock worth $427,058,000 after purchasing an additional 206,094 shares during the period. Mawer Investment Management Ltd. increased its position in shares of Insperity by 59.1% during the second quarter. Mawer Investment Management Ltd. now owns 4,419,429 shares of the business services provider’s stock valued at $399,384,000 after buying an additional 1,640,976 shares during the period. Vanguard Group Inc. increased its position in shares of Insperity by 1.8% during the second quarter. Vanguard Group Inc. now owns 3,682,210 shares of the business services provider’s stock valued at $332,762,000 after buying an additional 65,591 shares during the period. FIL Ltd increased its position in shares of Insperity by 70.7% during the first quarter. FIL Ltd now owns 1,208,519 shares of the business services provider’s stock valued at $101,202,000 after buying an additional 500,366 shares during the period. Finally, State Street Corp increased its position in shares of Insperity by 1.5% during the second quarter. State Street Corp now owns 1,084,233 shares of the business services provider’s stock valued at $97,982,000 after buying an additional 16,111 shares during the period. Institutional investors own 94.27% of the company’s stock.

NSP has been the topic of a number of research analyst reports. Truist Securities increased their price objective on shares of Insperity from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, August 3rd. Truist raised their price target on shares of Insperity from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 3rd. Robert W. Baird raised their price target on shares of Insperity from $98.00 to $110.00 and gave the company a “neutral” rating in a research report on Monday, August 9th. TheStreet raised shares of Insperity from a “c+” rating to a “b-” rating in a research report on Thursday, July 1st. Finally, Roth Capital raised their price target on shares of Insperity from $103.00 to $116.00 and gave the company a “buy” rating in a research report on Tuesday, August 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Insperity presently has a consensus rating of “Buy” and a consensus price target of $107.77.

About Insperity

Insperity, Inc engages in the provision of human resources and business solutions. The firm offers payroll and employment administration, employee benefits, workers compensation, government compliance, performance management and training and development services. It also provides cloud-based software solutions including human capital management, payroll services, time and attendance, organizational planning, recruiting services, employment screening, expense management services, retirement services and insurance services.

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Insider Buying and Selling by Quarter for Insperity (NYSE:NSP)

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