Insperity (NYSE:NSP) Shares Up 7.2% – Here’s What Happened

Insperity, Inc. (NYSE:NSPGet Free Report)’s share price shot up 7.2% on Monday . The stock traded as high as $30.64 and last traded at $30.5770. 120,728 shares were traded during trading, a decline of 89% from the average session volume of 1,139,128 shares. The stock had previously closed at $28.53.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NSP. Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Roth Mkm set a $54.00 price target on shares of Insperity in a research note on Friday, May 1st. Robert W. Baird set a $36.00 price target on shares of Insperity in a research note on Wednesday, February 11th. JPMorgan Chase & Co. decreased their price target on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating for the company in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Insperity from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Insperity currently has a consensus rating of “Reduce” and an average target price of $46.00.

Check Out Our Latest Analysis on Insperity

Insperity Stock Up 0.7%

The company has a market cap of $1.10 billion, a P/E ratio of -42.94 and a beta of 0.60. The company has a quick ratio of 1.06, a current ratio of 1.09 and a debt-to-equity ratio of 5.51. The business’s 50 day moving average is $26.43 and its 200 day moving average is $34.15.

Insperity (NYSE:NSPGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.89 billion. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. Insperity’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.57 earnings per share. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. As a group, equities analysts anticipate that Insperity, Inc. will post 1.12 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $2.40 dividend on an annualized basis and a yield of 8.3%. Insperity’s payout ratio is -358.21%.

Insider Buying and Selling at Insperity

In other news, EVP James D. Allison purchased 10,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were acquired at an average cost of $20.45 per share, with a total value of $204,500.00. Following the completion of the acquisition, the executive vice president owned 94,272 shares of the company’s stock, valued at $1,927,862.40. This trade represents a 11.87% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Paul J. Sarvadi purchased 160,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was purchased at an average cost of $23.22 per share, for a total transaction of $3,715,200.00. Following the completion of the acquisition, the chief executive officer directly owned 972,912 shares of the company’s stock, valued at approximately $22,591,016.64. The trade was a 19.68% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 314,437 shares of company stock worth $7,814,246 over the last ninety days. Corporate insiders own 5.77% of the company’s stock.

Hedge Funds Weigh In On Insperity

Institutional investors and hedge funds have recently bought and sold shares of the company. Royce & Associates LP grew its holdings in Insperity by 27.9% in the third quarter. Royce & Associates LP now owns 527,793 shares of the business services provider’s stock worth $25,967,000 after purchasing an additional 115,165 shares during the last quarter. Earnest Partners LLC grew its holdings in Insperity by 4.0% in the third quarter. Earnest Partners LLC now owns 1,400,086 shares of the business services provider’s stock worth $68,884,000 after purchasing an additional 53,598 shares during the last quarter. M&T Bank Corp purchased a new position in Insperity in the fourth quarter worth $3,156,000. Y Intercept Hong Kong Ltd grew its holdings in Insperity by 524.0% in the third quarter. Y Intercept Hong Kong Ltd now owns 61,123 shares of the business services provider’s stock worth $3,007,000 after purchasing an additional 51,328 shares during the last quarter. Finally, Reinhart Partners LLC. grew its holdings in Insperity by 23.2% in the third quarter. Reinhart Partners LLC. now owns 2,202,326 shares of the business services provider’s stock worth $108,355,000 after purchasing an additional 415,373 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

About Insperity

(Get Free Report)

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.

Further Reading

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