Insperity Inc (NYSE:NSP) SVP James D. Allison sold 2,000 shares of the business’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $115.90, for a total value of $231,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NYSE:NSP opened at $113.81 on Wednesday. Insperity Inc has a fifty-two week low of $52.88 and a fifty-two week high of $121.15. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 55.79, a P/E/G ratio of 1.89 and a beta of 0.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.69.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.14. Insperity had a return on equity of 123.25% and a net margin of 3.41%. The business had revenue of $925.13 million during the quarter, compared to analysts’ expectations of $935.62 million. During the same quarter in the previous year, the firm earned $1.14 EPS. The firm’s revenue was up 16.3% compared to the same quarter last year. As a group, analysts predict that Insperity Inc will post 3.36 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc lifted its position in shares of Insperity by 7.0% during the 2nd quarter. Legal & General Group Plc now owns 81,048 shares of the business services provider’s stock worth $7,680,000 after purchasing an additional 5,336 shares during the last quarter. MetLife Investment Advisors LLC lifted its position in shares of Insperity by 10.5% during the 2nd quarter. MetLife Investment Advisors LLC now owns 17,458 shares of the business services provider’s stock worth $1,663,000 after purchasing an additional 1,663 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Insperity by 47.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 37,087 shares of the business services provider’s stock worth $3,533,000 after purchasing an additional 11,948 shares during the last quarter. BlackRock Inc. lifted its position in shares of Insperity by 14.1% during the 2nd quarter. BlackRock Inc. now owns 6,139,453 shares of the business services provider’s stock worth $584,781,000 after purchasing an additional 757,054 shares during the last quarter. Finally, OppenheimerFunds Inc. lifted its position in shares of Insperity by 248.3% during the 2nd quarter. OppenheimerFunds Inc. now owns 100,542 shares of the business services provider’s stock worth $9,576,000 after purchasing an additional 71,672 shares during the last quarter. 83.72% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on NSP. Robert W. Baird boosted their price target on Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 2nd. First Analysis reaffirmed an “equal weight” rating on shares of Insperity in a research report on Thursday, August 2nd. Roth Capital boosted their price target on Insperity from $88.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Finally, Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $119.00 price target for the company in a research report on Tuesday, August 7th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $110.80.

ILLEGAL ACTIVITY WARNING: “Insperity Inc (NSP) SVP James D. Allison Sells 2,000 Shares” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://www.thecerbatgem.com/2018/11/14/insperity-inc-nsp-svp-james-d-allison-sells-2000-shares.html.

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 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.

Featured Story: Balanced Fund

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

Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.