Martingale Asset Management L P raised its position in shares of Insperity, Inc. (NYSE:NSP) by 0.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,708 shares of the business services provider’s stock after acquiring an additional 93 shares during the period. Martingale Asset Management L P owned approximately 0.23% of Insperity worth $3,388,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Old Mutual Global Investors UK Ltd. boosted its holdings in shares of Insperity by 19.9% during the second quarter. Old Mutual Global Investors UK Ltd. now owns 10,674 shares of the business services provider’s stock worth $757,000 after acquiring an additional 1,772 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Insperity by 1.5% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 13,674 shares of the business services provider’s stock worth $971,000 after acquiring an additional 200 shares during the period. Swiss National Bank boosted its holdings in shares of Insperity by 28.0% during the second quarter. Swiss National Bank now owns 31,500 shares of the business services provider’s stock worth $2,237,000 after acquiring an additional 6,900 shares during the period. Pacad Investment Ltd. boosted its holdings in shares of Insperity by 100.5% during the second quarter. Pacad Investment Ltd. now owns 7,821 shares of the business services provider’s stock worth $555,000 after acquiring an additional 3,921 shares during the period. Finally, Chicago Equity Partners LLC boosted its holdings in shares of Insperity by 21.5% during the second quarter. Chicago Equity Partners LLC now owns 9,300 shares of the business services provider’s stock worth $660,000 after acquiring an additional 1,645 shares during the period. Institutional investors own 79.69% of the company’s stock.

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A number of brokerages have recently issued reports on NSP. BidaskClub upgraded Insperity from a “sell” rating to a “hold” rating in a report on Sunday, August 6th. Zacks Investment Research upgraded Insperity from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a report on Monday, August 7th. Finally, Roth Capital upgraded Insperity from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $84.00 to $92.00 in a report on Tuesday, August 1st. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $94.00.

In related news, Chairman Paul J. Sarvadi sold 5,742 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $84.05, for a total transaction of $482,615.10. Following the transaction, the chairman now directly owns 252,248 shares of the company’s stock, valued at $21,201,444.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mckenna Michelle sold 600 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $79.69, for a total value of $47,814.00. Following the transaction, the director now directly owns 1,145 shares in the company, valued at $91,245.05. The disclosure for this sale can be found here. Insiders have sold 106,310 shares of company stock worth $8,928,263 over the last three months. 27.47% of the stock is owned by insiders.

Shares of Insperity, Inc. (NSP) opened at 81.25 on Friday. Insperity, Inc. has a 52 week low of $64.55 and a 52 week high of $93.65. The company has a market capitalization of $1.69 billion, a PE ratio of 23.53 and a beta of 0.77. The company has a 50 day moving average price of $81.32 and a 200 day moving average price of $80.95.

Insperity (NYSE:NSP) last announced its earnings results on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.68 by $0.14. Insperity had a return on equity of 96.85% and a net margin of 2.34%. The business had revenue of $795.50 million during the quarter, compared to the consensus estimate of $778.88 million. During the same period in the prior year, the business posted $0.60 earnings per share. Insperity’s revenue was up 12.5% compared to the same quarter last year. On average, equities research analysts expect that Insperity, Inc. will post $4.55 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Thursday, September 7th. Insperity’s payout ratio is 34.68%.

About Insperity

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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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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