Aquatic Capital Management LLC Acquires 11,300 Shares of Insperity, Inc. (NYSE:NSP)

Aquatic Capital Management LLC raised its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 171.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,877 shares of the business services provider's stock after buying an additional 11,300 shares during the quarter. Aquatic Capital Management LLC's holdings in Insperity were worth $1,386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Value Holdings Management CO. LLC raised its holdings in shares of Insperity by 4.2% during the fourth quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider's stock valued at $18,432,000 after buying an additional 9,600 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Insperity by 493.2% during the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock valued at $27,000 after acquiring an additional 291 shares in the last quarter. Reinhart Partners LLC. boosted its position in Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider's stock worth $90,830,000 after acquiring an additional 89,809 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Insperity by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock worth $13,259,000 after purchasing an additional 21,325 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Insperity by 129.7% during the third quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock valued at $7,269,000 after purchasing an additional 46,625 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Insperity Price Performance

Shares of NYSE NSP traded down $1.43 during trading on Monday, hitting $65.45. The company had a trading volume of 79,330 shares, compared to its average volume of 473,211. The company has a market cap of $2.46 billion, a P/E ratio of 27.16 and a beta of 0.67. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The business's 50-day moving average is $83.85 and its 200 day moving average is $80.96. Insperity, Inc. has a 52 week low of $61.54 and a 52 week high of $106.69.

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

Insperity Dividend Announcement

The company also recently announced 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. This represents a $2.40 annualized dividend and a yield of 3.67%. The ex-dividend date was Thursday, March 13th. Insperity's dividend payout ratio (DPR) is currently 142.86%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NSP shares. StockNews.com lowered shares of Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Truist Financial decreased their price objective on shares of Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $89.67.

Insider Activity

In related news, Director Ellen H. Masterson bought 1,755 shares of the firm's stock in a transaction on Wednesday, February 12th. The stock was bought at an average price of $85.75 per share, with a total value of $150,491.25. Following the purchase, the director now directly owns 16,612 shares of the company's stock, valued at approximately $1,424,479. This represents a 11.81 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total value of $2,108,000.00. Following the sale, the chief executive officer now owns 436,584 shares of the company's stock, valued at approximately $36,812,762.88. This represents a 5.42 % 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.

Insperity Profile

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.