10,113 Shares in Insperity, Inc. (NYSE:NSP) Bought by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. bought a new position in shares of Insperity, Inc. (NYSE:NSP - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,113 shares of the business services provider's stock, valued at approximately $784,000.

Several other large investors have also recently added to or reduced their stakes in the business. Mawer Investment Management Ltd. increased its stake in Insperity by 0.5% during the 4th quarter. Mawer Investment Management Ltd. now owns 5,217,635 shares of the business services provider's stock worth $404,419,000 after buying an additional 27,599 shares during the period. Vanguard Group Inc. increased its stake in Insperity by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock worth $310,686,000 after buying an additional 167,560 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Insperity by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider's stock worth $103,248,000 after buying an additional 71,288 shares during the period. Earnest Partners LLC increased its stake in Insperity by 3.7% during the 4th quarter. Earnest Partners LLC now owns 1,326,767 shares of the business services provider's stock worth $102,838,000 after buying an additional 47,730 shares during the period. Finally, First Trust Advisors LP increased its stake in Insperity by 54.2% during the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock worth $83,299,000 after buying an additional 377,603 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Truist Financial cut their target price on shares of Insperity from $82.00 to $70.00 and set a "hold" rating on the stock in a research note on Wednesday, April 30th. StockNews.com downgraded shares of Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th.

Insperity Stock Up 1.0%

Shares of NYSE:NSP traded up $0.73 during trading hours on Friday, reaching $71.70. The stock had a trading volume of 422,392 shares, compared to its average volume of 361,051. Insperity, Inc. has a 1 year low of $61.54 and a 1 year high of $105.01. The firm's 50 day moving average is $79.79 and its 200-day moving average is $79.86. 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 stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 29.75 and a beta of 0.55.

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

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.35%. The ex-dividend date was Thursday, March 13th. Insperity's payout ratio is 142.86%.

Insider Activity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the completion of the transaction, the chief executive officer now owns 458,589 shares in the company, valued at approximately $29,927,518.14. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 5.29% of the company's stock.

Insperity Company 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.