Oppenheimer Asset Management Inc. Makes New Investment in Insperity, Inc. $NSP

Oppenheimer Asset Management Inc. bought a new stake in Insperity, Inc. (NYSE:NSP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 53,806 shares of the business services provider’s stock, valued at approximately $2,223,000.

Other large investors have also modified their holdings of the company. Fulton Bank N.A. acquired a new position in shares of Insperity in the 2nd quarter valued at $595,000. Legacy Wealth Asset Management LLC increased its position in shares of Insperity by 2.8% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 16,822 shares of the business services provider’s stock worth $695,000 after purchasing an additional 462 shares during the last quarter. Reinhart Partners LLC. increased its position in shares of Insperity by 12.1% during the 2nd quarter. Reinhart Partners LLC. now owns 3,304,074 shares of the business services provider’s stock worth $136,492,000 after purchasing an additional 356,365 shares during the last quarter. GAMMA Investing LLC lifted its position in Insperity by 21.2% in the second quarter. GAMMA Investing LLC now owns 6,192 shares of the business services provider’s stock valued at $256,000 after buying an additional 1,083 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co acquired a new position in Insperity in the first quarter valued at about $12,890,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on NSP shares. Roth Capital set a $61.00 target price on shares of Insperity in a research note on Friday, July 31st. Weiss Ratings raised shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Truist Financial set a $52.00 price objective on shares of Insperity and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. cut their target price on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Insperity has a consensus rating of “Reduce” and a consensus price target of $53.33.

Insperity Stock Performance

Shares of Insperity stock opened at $52.12 on Monday. The business has a 50-day moving average of $45.31 and a 200 day moving average of $35.01. Insperity, Inc. has a 12 month low of $18.57 and a 12 month high of $57.22. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of -121.21 and a beta of 0.52. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.11 and a quick ratio of 1.11.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.67 billion. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 earnings per share. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. As a group, sell-side analysts forecast that Insperity, Inc. will post 1.07 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $0.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.6%. Insperity’s payout ratio is -558.14%.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi bought 233,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the purchase, the chief executive officer directly owned 1,105,912 shares in the company, valued at approximately $37,656,303.60. This represents a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.77% of the stock is currently owned by insiders.

Insperity Profile

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.