Insperity Inc (NYSE:NSP) Director Richard G. Rawson sold 610 shares of Insperity stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $73.12, for a total transaction of $44,603.20. Following the sale, the director now directly owns 100,250 shares of the company’s stock, valued at $7,330,280. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of NSP opened at $73.66 on Friday. The company has a debt-to-equity ratio of 8.28, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market cap of $2.86 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.47 and a beta of 1.60. Insperity Inc has a 1-year low of $22.59 and a 1-year high of $107.69. The firm has a fifty day moving average price of $67.30 and a 200 day moving average price of $58.88.
Insperity (NYSE:NSP) last posted its quarterly earnings data on Monday, August 3rd. The business services provider reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.45. The company had revenue of $993.40 million for the quarter, compared to analyst estimates of $1 billion. Insperity had a net margin of 3.69% and a return on equity of 741.70%. Insperity’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 earnings per share. As a group, equities analysts expect that Insperity Inc will post 3.3 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Trust N.A. acquired a new position in Insperity in the third quarter valued at $201,000. Boston Trust Walden Corp increased its stake in Insperity by 4.5% in the third quarter. Boston Trust Walden Corp now owns 124,398 shares of the business services provider’s stock valued at $8,147,000 after purchasing an additional 5,318 shares during the period. Envestnet Asset Management Inc. increased its stake in Insperity by 17.5% in the third quarter. Envestnet Asset Management Inc. now owns 41,345 shares of the business services provider’s stock valued at $2,708,000 after purchasing an additional 6,172 shares during the period. Assenagon Asset Management S.A. acquired a new position in Insperity in the third quarter valued at $549,000. Finally, First Hawaiian Bank increased its stake in shares of Insperity by 57.4% during the third quarter. First Hawaiian Bank now owns 7,895 shares of the business services provider’s stock worth $517,000 after acquiring an additional 2,880 shares during the period. Institutional investors own 85.39% of the company’s stock.
Several equities research analysts have recently issued reports on NSP shares. ValuEngine cut shares of Insperity from a “hold” rating to a “sell” rating in a research report on Thursday, October 1st. Truist lifted their price objective on shares of Insperity from $74.00 to $84.00 in a research report on Wednesday. Sidoti started coverage on shares of Insperity in a research report on Thursday, October 8th. They issued a “buy” rating for the company. Finally, Roth Capital boosted their price target on shares of Insperity from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $74.80.
Insperity Company Profile
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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