Lisanti Capital Growth LLC Invests $4.31 Million in Insperity Inc (NSP) Stock

Lisanti Capital Growth LLC purchased a new position in Insperity Inc (NYSE:NSP) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,575 shares of the business services provider’s stock, valued at approximately $4,314,000. Insperity makes up about 1.5% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 22nd largest holding. Lisanti Capital Growth LLC owned 0.09% of Insperity at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of NSP. WINTON GROUP Ltd raised its holdings in shares of Insperity by 1,095.4% during the third quarter. WINTON GROUP Ltd now owns 132,335 shares of the business services provider’s stock valued at $15,609,000 after buying an additional 121,265 shares during the last quarter. Chicago Equity Partners LLC raised its holdings in Insperity by 18.5% during the third quarter. Chicago Equity Partners LLC now owns 76,605 shares of the business services provider’s stock worth $9,036,000 after purchasing an additional 11,985 shares in the last quarter. Engineers Gate Manager LP raised its holdings in Insperity by 7.4% during the third quarter. Engineers Gate Manager LP now owns 35,818 shares of the business services provider’s stock worth $4,225,000 after purchasing an additional 2,465 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Insperity by 121.4% during the third quarter. Victory Capital Management Inc. now owns 22,273 shares of the business services provider’s stock worth $2,627,000 after purchasing an additional 12,211 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its holdings in Insperity by 29.0% during the third quarter. Wedge Capital Management L L P NC now owns 5,271 shares of the business services provider’s stock worth $622,000 after purchasing an additional 1,185 shares in the last quarter. Institutional investors and hedge funds own 83.10% of the company’s stock.

In other news, Director Richard G. Rawson sold 20,204 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $112.04, for a total transaction of $2,263,656.16. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jay E. Mincks sold 1,042 shares of the company’s stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $108.62, for a total transaction of $113,182.04. The disclosure for this sale can be found here. Insiders have sold 98,069 shares of company stock worth $11,066,277 over the last quarter. 9.58% of the stock is owned by company insiders.

NSP has been the topic of several recent research reports. First Analysis lowered shares of Insperity from an “overweight” rating to an “equal weight” rating and set a $102.00 price target on the stock. in a research report on Wednesday, August 1st. Roth Capital lifted their price target on shares of Insperity from $88.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a research report on Tuesday, August 7th. Finally, Robert W. Baird lifted their price target on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 2nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Insperity presently has an average rating of “Buy” and a consensus price target of $110.80.

Insperity stock opened at $116.44 on Thursday. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 57.08, a PEG ratio of 1.88 and a beta of 0.90. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.21 and a quick ratio of 1.21. Insperity Inc has a fifty-two week low of $51.08 and a fifty-two week high of $121.15.

Insperity (NYSE:NSP) last posted its earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.14. Insperity had a net margin of 3.41% and a return on equity of 123.25%. The business had revenue of $925.13 million for the quarter, compared to analysts’ expectations of $935.62 million. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Equities analysts forecast that Insperity Inc will post 3.35 earnings per share for the current fiscal year.

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About Insperity

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 encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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