Insperity, Inc. $NSP Shares Purchased by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its stake in Insperity, Inc. by 85.6%, acquiring an additional 142,043 shares, bringing its total holdings to 308,017 shares valued at approximately $27 million.
• Insperity's recent earnings report indicated a missed EPS target, with a reported $0.26 falling short of the consensus estimate of $0.41; however, the company's revenue increased by 3.3% compared to the previous year.
• Analysts have recently downgraded their target prices for Insperity, with Roth Capital lowering it to $74.00 and others setting targets as low as $50.00, indicating mixed sentiment among investors.

AQR Capital Management LLC raised its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 85.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 308,017 shares of the business services provider's stock after buying an additional 142,043 shares during the quarter. AQR Capital Management LLC owned about 0.82% of Insperity worth $27,078,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NSP. Private Trust Co. NA lifted its position in shares of Insperity by 279.1% during the first quarter. Private Trust Co. NA now owns 326 shares of the business services provider's stock valued at $29,000 after buying an additional 240 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Insperity during the first quarter valued at about $33,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity during the first quarter valued at about $42,000. First Horizon Advisors Inc. lifted its position in shares of Insperity by 56.0% during the first quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider's stock valued at $63,000 after buying an additional 253 shares during the last quarter. Finally, UMB Bank n.a. raised its position in shares of Insperity by 37.6% in the 1st quarter. UMB Bank n.a. now owns 1,168 shares of the business services provider's stock valued at $104,000 after purchasing an additional 319 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Insperity

In related news, Director Latha Ramchand purchased 1,000 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The shares were purchased at an average price of $50.64 per share, with a total value of $50,640.00. Following the purchase, the director owned 15,120 shares of the company's stock, valued at $765,676.80. The trade was a 7.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eli Jones purchased 2,204 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average cost of $45.41 per share, for a total transaction of $100,083.64. Following the purchase, the director directly owned 12,847 shares in the company, valued at $583,382.27. This trade represents a 20.71% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 20,194 shares of company stock worth $925,981. 5.29% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Truist Financial decreased their price objective on shares of Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research report on Monday, August 4th. JPMorgan Chase & Co. decreased their price objective on shares of Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Roth Capital decreased their price objective on shares of Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a research report on Monday, August 4th. Finally, Wall Street Zen raised shares of Insperity from a "sell" rating to a "hold" rating in a research report on Saturday. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Insperity presently has a consensus rating of "Hold" and an average price target of $58.33.

Insperity Stock Performance

NSP traded down $1.11 during trading on Friday, reaching $53.01. 331,970 shares of the company's stock were exchanged, compared to its average volume of 510,833. Insperity, Inc. has a 1 year low of $44.14 and a 1 year high of $95.98. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $2.00 billion, a P/E ratio of 50.01 and a beta of 0.48. The company's fifty day simple moving average is $55.34 and its 200-day simple moving average is $67.69.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.Insperity's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 EPS. 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 predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.5%. Insperity's dividend payout ratio (DPR) is presently 226.42%.

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.