Formula Growth Ltd. Invests $2.34 Million in Insperity, Inc. $NSP

Formula Growth Ltd. acquired a new position in shares of Insperity, Inc. (NYSE:NSP) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 56,700 shares of the business services provider’s stock, valued at approximately $2,342,000. Formula Growth Ltd. owned approximately 0.15% of Insperity as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSP. Geneos Wealth Management Inc. boosted its position in Insperity by 32.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock worth $67,000 after acquiring an additional 182 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Insperity by 75.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock worth $47,000 after acquiring an additional 416 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Insperity by 48.1% in the first quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 422 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of Insperity by 7.7% in the third quarter. Lazard Asset Management LLC now owns 6,029 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 431 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC lifted its position in shares of Insperity by 2.8% in the second 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 in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NSP. Roth Capital set a $61.00 target price on shares of Insperity in a research report on Friday, July 31st. JPMorgan Chase & Co. cut their price target on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird set a $56.00 price objective on Insperity in a report on Friday, July 31st. Finally, Truist Financial set a $52.00 target price on Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Insperity currently has an average rating of “Reduce” and an average price target of $53.33.

Insperity Trading Down 0.1%

NYSE NSP opened at $51.85 on Friday. Insperity, Inc. has a 12 month low of $18.57 and a 12 month high of $57.22. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 6.87. The stock has a 50 day moving average of $48.11 and a 200-day moving average of $35.69. The company has a market cap of $1.98 billion, a PE ratio of -120.59 and a beta of 0.52.

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

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.60 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. Insperity’s payout ratio is currently -558.14%.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi bought 233,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were bought at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the acquisition, the chief executive officer owned 1,105,912 shares in the company, valued at $37,656,303.60. This trade represents a 26.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.77% of the stock is owned by corporate 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.