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15,841 Shares in Insperity, Inc. (NYSE:NSP) Acquired by Voleon Capital Management LP

Insperity logo with Business Services background

Voleon Capital Management LP bought a new position in shares of Insperity, Inc. (NYSE:NSP - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,841 shares of the business services provider's stock, valued at approximately $1,228,000.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp boosted its position in Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after acquiring an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Insperity during the third quarter worth approximately $32,000. UMB Bank n.a. boosted its stake in Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after buying an additional 267 shares during the last quarter. New Age Alpha Advisors LLC purchased a new stake in Insperity in the 4th quarter valued at $87,000. Finally, Covestor Ltd increased its stake in shares of Insperity by 12.6% in the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock worth $101,000 after acquiring an additional 146 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Truist Financial cut their price objective on shares of Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. StockNews.com lowered shares of Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $89.67.

Check Out Our Latest Analysis on NSP

Insperity Trading Up 0.0 %

Shares of NSP stock traded up $0.00 during trading hours on Tuesday, hitting $64.80. The company had a trading volume of 189,542 shares, compared to its average volume of 345,991. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $2.44 billion, a PE ratio of 26.92 and a beta of 0.67. The company's fifty day moving average is $83.40 and its 200 day moving average is $80.80. Insperity, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $106.69.

Insperity (NYSE:NSP - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). The firm had revenue of $310.00 million for the quarter, compared to analyst estimates of $1.87 billion. Insperity had a return on equity of 72.22% and a net margin of 1.38%. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $2.27 earnings per share. Research analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.60 per share. The ex-dividend date was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 3.70%. Insperity's dividend payout ratio (DPR) is presently 142.86%.

Insider Transactions at Insperity

In related news, Director Ellen H. Masterson acquired 1,755 shares of Insperity stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the completion of the purchase, the director now owns 16,612 shares in the company, valued at approximately $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Arthur A. Arizpe sold 6,000 shares of the business's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total value of $508,080.00. Following the transaction, the chief operating officer now directly owns 72,551 shares of the company's stock, valued at $6,143,618.68. The trade was a 7.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.50% of the company's stock.

About Insperity

(Free Report)

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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