Jacobs Levy Equity Management Inc. Has $62.73 Million Stake in Insperity, Inc. $NSP

Key Points

• Jacobs Levy Equity Management Inc. increased its stake in Insperity, Inc. by 40% in Q1, now owning 703,011 shares valued at approximately $62.73 million.
• Insperity's stock recently received multiple analyst downgrades, with price targets reduced significantly, highlighting a mixed sentiment with a consensus rating of "Hold."
• The company announced a quarterly dividend of $0.60, representing a 4.3% yield, and has a high dividend payout ratio of 226.42%.

Jacobs Levy Equity Management Inc. grew its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 40.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 703,011 shares of the business services provider's stock after acquiring an additional 200,685 shares during the period. Jacobs Levy Equity Management Inc. owned about 1.87% of Insperity worth $62,730,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NSP. Northern Trust Corp lifted its position in shares of Insperity by 14.2% during the fourth quarter. Northern Trust Corp now owns 519,610 shares of the business services provider's stock worth $40,275,000 after purchasing an additional 64,536 shares during the last quarter. Comerica Bank lifted its position in shares of Insperity by 5.9% during the fourth quarter. Comerica Bank now owns 13,943 shares of the business services provider's stock worth $1,081,000 after purchasing an additional 783 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Insperity by 51.9% during the fourth quarter. Jane Street Group LLC now owns 54,752 shares of the business services provider's stock worth $4,244,000 after purchasing an additional 18,702 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Insperity by 53.2% during the fourth quarter. BNP Paribas Financial Markets now owns 72,757 shares of the business services provider's stock worth $5,639,000 after purchasing an additional 25,280 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of Insperity during the fourth quarter worth about $784,000. Institutional investors own 93.44% of the company's stock.

Insider Transactions at Insperity

In other news, Director Randall Mehl acquired 2,000 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average price of $45.05 per share, with a total value of $90,100.00. Following the purchase, the director owned 22,707 shares of the company's stock, valued at approximately $1,022,950.35. This trade represents a 9.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP James D. Allison acquired 4,000 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The stock was purchased at an average cost of $46.82 per share, with a total value of $187,280.00. Following the purchase, the executive vice president directly owned 64,517 shares in the company, valued at approximately $3,020,685.94. This trade represents a 6.61% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 20,194 shares of company stock worth $925,981. 5.50% of the stock is currently owned by insiders.

Insperity Price Performance

Insperity stock traded down $0.84 during mid-day trading on Monday, hitting $53.16. The company's stock had a trading volume of 661,513 shares, compared to its average volume of 524,623. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. The stock has a market capitalization of $2.00 billion, a P/E ratio of 50.15 and a beta of 0.48. Insperity, Inc. has a twelve month low of $44.14 and a twelve month high of $95.98. The stock's fifty day moving average price is $56.03 and its two-hundred day moving average price is $68.51.

Insperity (NYSE:NSP - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The business had revenue of $1.66 billion during 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%.The company's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Research analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.