Insperity (NYSE:NSP) Shares Gap Down After Analyst Downgrade

Insperity, Inc. (NYSE:NSP) shares gapped down prior to trading on Tuesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock had previously closed at $42.60, but opened at $40.47. Insperity shares last traded at $42.2110, with a volume of 20,516 shares traded.

Other equities research analysts also recently issued research reports about the company. Roth Mkm set a $54.00 price objective on Insperity in a research report on Friday, May 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a report on Wednesday, June 24th. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $46.00.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi purchased 233,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of $34.05 per share, with a total value of $7,933,650.00. Following the completion of the acquisition, the chief executive officer owned 1,105,912 shares in the company, valued at $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 5.77% of the company’s stock.

Hedge Funds Weigh In On Insperity

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in Insperity by 205.4% during the 1st quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock worth $9,583,000 after purchasing an additional 72,241 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Insperity by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock worth $1,908,000 after buying an additional 948 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Insperity in the first quarter worth $218,000. Goldman Sachs Group Inc. lifted its stake in shares of Insperity by 54.2% during the first quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock worth $45,845,000 after buying an additional 180,563 shares during the period. Finally, United Services Automobile Association acquired a new stake in shares of Insperity during the first quarter worth $202,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insperity Stock Up 6.8%

The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of -65.86 and a beta of 0.55. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 5.51. The company’s 50 day moving average price is $34.50 and its 200 day moving average price is $33.31.

Insperity (NYSE:NSP) last released its earnings results on Thursday, April 30th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.07. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the firm earned $1.57 EPS. The firm’s revenue was up 1.7% on a year-over-year basis. 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, research analysts forecast that Insperity, Inc. will post 0.99 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Thursday, June 4th. Insperity’s dividend payout ratio (DPR) is presently -358.21%.

Insperity Company 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.