Insperity, Inc. (NYSE:NSP) Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 18.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 104,519 shares of the business services provider's stock after buying an additional 15,946 shares during the quarter. ProShare Advisors LLC owned 0.28% of Insperity worth $8,101,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in NSP. Jones Financial Companies Lllp increased its position in shares of 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 period. UMB Bank n.a. boosted its holdings in Insperity by 45.9% in the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after purchasing an additional 267 shares during the period. New Age Alpha Advisors LLC acquired a new position in Insperity during the 4th quarter worth $87,000. Covestor Ltd increased its holdings in Insperity by 12.6% during the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock worth $101,000 after purchasing an additional 146 shares during the period. Finally, KBC Group NV raised its position in Insperity by 87.5% in the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock valued at $150,000 after purchasing an additional 905 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Truist Financial lowered their price objective on 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 cut shares of Insperity from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th.

Insperity Stock Down 5.5%

NYSE NSP traded down $3.94 during trading on Wednesday, reaching $67.03. 687,547 shares of the company's stock were exchanged, compared to its average volume of 363,605. The company has a 50 day moving average price of $79.14 and a two-hundred day moving average price of $79.78. The stock has a market cap of $2.52 billion, a P/E ratio of 27.81 and a beta of 0.55. Insperity, Inc. has a 1 year low of $61.54 and a 1 year high of $104.90. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08.

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 for the quarter, missing the consensus estimate of $2.01 by ($0.44). The business 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%. Insperity's revenue was up 3.4% on a year-over-year basis. During the same period last year, the business posted $2.27 EPS. On average, equities research analysts anticipate that Insperity, Inc. will post 2.33 EPS 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 3.58%. The ex-dividend date was Thursday, March 13th. Insperity's payout ratio is 142.86%.

Insider Activity at Insperity

In other Insperity 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 $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 5.29% 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.