Insperity, Inc. $NSP Shares Sold by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP reduced its stake in Insperity, Inc. by 68.7% during the first quarter, now holding shares worth $465,000.
• Several analysts have downgraded Insperity's stock, with Wall Street Zen lowering its rating to a "sell" and JPMorgan adjusting its price target from $68 to $51.
• Insperity announced a quarterly dividend of $0.60 per share, representing an annual yield of 4.3%, despite a high dividend payout ratio of 226.42%.

Quantbot Technologies LP trimmed its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 68.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,216 shares of the business services provider's stock after selling 11,445 shares during the period. Quantbot Technologies LP's holdings in Insperity were worth $465,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in Insperity by 279.1% during the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider's stock valued at $29,000 after acquiring an additional 240 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Insperity in the first quarter worth approximately $33,000. DekaBank Deutsche Girozentrale purchased a new position in Insperity during the 1st quarter worth $42,000. First Horizon Advisors Inc. raised its position in Insperity by 56.0% during the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider's stock valued at $63,000 after purchasing an additional 253 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings 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 worth $104,000 after buying an additional 319 shares during the period. Institutional investors own 93.44% of the company's stock.

Insperity Stock Performance

Shares of NYSE:NSP traded up $0.76 during midday trading on Friday, reaching $55.15. The company's stock had a trading volume of 344,492 shares, compared to its average volume of 728,818. 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 fifty day moving average of $56.62 and a 200 day moving average of $69.86. Insperity, Inc. has a twelve month low of $44.14 and a twelve month high of $95.98. The firm has a market capitalization of $2.08 billion, a PE ratio of 52.03 and a beta of 0.48.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly earnings data 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). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period last year, the firm earned $0.86 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. On average, equities analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, September 4th. Insperity's dividend payout ratio (DPR) is currently 226.42%.

Analysts Set New Price Targets

NSP has been the topic of several research reports. JPMorgan Chase & Co. cut their price target on Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a research note on Monday, August 4th. Wall Street Zen cut shares of Insperity from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Truist Financial lowered their target price on shares of Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. Finally, Roth Capital lowered their price objective on Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a research report on Monday, August 4th. One equities research 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. According to data from MarketBeat.com, Insperity has a consensus rating of "Hold" and an average target price of $58.33.

Insider Buying and Selling

In other Insperity news, Director Carol R. Kaufman acquired 5,000 shares of the business's stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the completion of the transaction, the director directly owned 47,067 shares of the company's stock, valued at $2,129,311.08. This represents 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 through the SEC website. Also, Director John L. Lumelleau bought 5,500 shares of Insperity stock in a transaction dated Monday, August 4th. The shares were acquired at an average cost of $45.36 per share, with a total value of $249,480.00. Following the completion of the purchase, the director owned 5,500 shares in the company, valued at approximately $249,480. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 20,194 shares of company stock valued at $925,981 in the last ninety days. Company insiders own 5.50% of the company's stock.

About Insperity

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.