Prana Capital Management LP lifted its stake in shares of Insperity, Inc. (NYSE:NSP – Free Report) by 60.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,260 shares of the business services provider’s stock after acquiring an additional 35,070 shares during the period. Prana Capital Management LP owned 0.25% of Insperity worth $4,588,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. LRI Investments LLC grew its holdings in Insperity by 134.0% in the third quarter. LRI Investments LLC now owns 606 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 347 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Insperity by 32.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 182 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Insperity in the 3rd quarter valued at $41,000. Caitong International Asset Management Co. Ltd increased its holdings 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 buying an additional 416 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Insperity in the 3rd quarter worth $58,000. 93.44% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Insperity
In other news, EVP James D. Allison bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $20.45 per share, for a total transaction of $204,500.00. Following the completion of the purchase, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired 12,450 shares of company stock valued at $252,480 in the last ninety days. 5.50% of the stock is currently owned by corporate insiders.
Insperity Price Performance
Insperity (NYSE:NSP – Get Free Report) last announced its earnings results on Tuesday, February 10th. The business services provider reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.13). The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Insperity had a negative net margin of 0.10% and a negative return on equity of 12.09%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.05 earnings per share. Insperity has set its Q1 2026 guidance at 1.030-1.500 EPS and its FY 2026 guidance at 1.690-2.720 EPS. On average, equities analysts anticipate that Insperity, Inc. will post 2.33 EPS for the current fiscal year.
Insperity Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date of this dividend is Friday, March 6th. Insperity’s payout ratio is presently -1,200.00%.
Analysts Set New Price Targets
NSP has been the subject of several research analyst reports. UBS Group set a $56.00 price target on Insperity in a research note on Wednesday, February 11th. Roth Mkm set a $62.00 target price on shares of Insperity in a research report on Monday, January 5th. Zacks Research lowered shares of Insperity from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, The Goldman Sachs Group set a $62.00 price objective on shares of Insperity in a research note on Monday, January 5th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Insperity has a consensus rating of “Reduce” and a consensus target price of $47.50.
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.
See Also
Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSP – Free Report).
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.
