Insperity, Inc. $NSP Shares Purchased by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Insperity, Inc. by 34% during the first quarter, acquiring an additional 41,322 shares, bringing their total to 162,912 shares valued at approximately $14.5 million.
• Insperity announced a quarterly dividend of $0.60 per share, with a yield of 4.3%, to be paid on September 18th to investors of record.
• Recent analysts' reports have downgraded Insperity's stock price target, with JPMorgan Chase lowering it from $68 to $51 and Roth Capital adjusting it from $85 to $74, while maintaining an average rating of "Hold."

Hotchkis & Wiley Capital Management LLC increased its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 34.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 162,912 shares of the business services provider's stock after buying an additional 41,322 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.43% of Insperity worth $14,537,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NSP. LPL Financial LLC increased its holdings in Insperity by 3.5% in the 4th quarter. LPL Financial LLC now owns 6,227 shares of the business services provider's stock worth $483,000 after buying an additional 208 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Insperity by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 691,121 shares of the business services provider's stock valued at $53,569,000 after acquiring an additional 7,265 shares during the period. MetLife Investment Management LLC lifted its holdings in Insperity by 6.4% in the fourth quarter. MetLife Investment Management LLC now owns 40,992 shares of the business services provider's stock valued at $3,177,000 after acquiring an additional 2,463 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Insperity by 77.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,093 shares of the business services provider's stock valued at $395,000 after purchasing an additional 2,228 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Insperity by 5.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,095 shares of the business services provider's stock valued at $2,256,000 after purchasing an additional 1,403 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Carol R. Kaufman bought 5,000 shares of the company's stock in a transaction on Monday, August 4th. The shares were acquired at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the purchase, the director directly owned 47,067 shares of the company's stock, valued at approximately $2,129,311.08. The trade was a 11.89% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Randall Mehl bought 2,000 shares of the company's stock in a transaction on Monday, August 4th. The stock was bought at an average price of $45.05 per share, for a total transaction of $90,100.00. Following the completion of the purchase, the director directly owned 22,707 shares in the company, valued at approximately $1,022,950.35. This represents a 9.66% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 20,194 shares of company stock worth $925,981. 5.29% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Roth Capital cut their price target on Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a research note on Monday, August 4th. Wall Street Zen downgraded Insperity from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Truist Financial cut their price target on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. Finally, JPMorgan Chase & Co. cut their price target on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Insperity currently has an average rating of "Hold" and an average price target of $58.33.

Insperity Price Performance

NSP traded up $0.29 on Friday, hitting $54.68. 86,479 shares of the company's stock traded hands, compared to its average volume of 521,110. The company's 50 day simple moving average is $56.71 and its 200-day simple moving average is $70.29. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 51.62 and a beta of 0.47. Insperity, Inc. has a one year low of $44.14 and a one year high of $95.98. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the company posted $0.86 earnings per share. Insperity's quarterly revenue was up 3.3% on a year-over-year basis. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, research analysts anticipate that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Thursday, September 4th. Insperity's dividend payout ratio is currently 226.42%.

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.