26,489 Shares in Insperity, Inc. (NYSE:NSP) Acquired by Royce & Associates LP

Royce & Associates LP bought a new stake in Insperity, Inc. (NYSE:NSP - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 26,489 shares of the business services provider's stock, valued at approximately $2,364,000. Royce & Associates LP owned about 0.07% of Insperity as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSP. Vanguard Group Inc. increased its position in shares of Insperity by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider's stock worth $310,686,000 after purchasing an additional 167,560 shares during the last quarter. Reinhart Partners LLC. increased its position in shares of Insperity by 26.6% during the 1st quarter. Reinhart Partners LLC. now owns 1,484,060 shares of the business services provider's stock worth $132,423,000 after purchasing an additional 312,217 shares during the last quarter. Earnest Partners LLC increased its position in shares of Insperity by 3.7% during the 4th quarter. Earnest Partners LLC now owns 1,326,767 shares of the business services provider's stock worth $102,838,000 after purchasing an additional 47,730 shares during the last quarter. First Trust Advisors LP increased its position in shares of Insperity by 54.2% during the 4th quarter. First Trust Advisors LP now owns 1,074,691 shares of the business services provider's stock worth $83,299,000 after purchasing an additional 377,603 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Insperity by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 691,121 shares of the business services provider's stock worth $53,569,000 after acquiring an additional 7,265 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Insider Buying and Selling at Insperity

In related news, CEO Paul J. Sarvadi sold 14,203 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $65.26, for a total transaction of $926,887.78. Following the completion of the sale, the chief executive officer owned 458,589 shares of the company's stock, valued at $29,927,518.14. This trade represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 5.29% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on NSP. Truist Financial reduced their target price on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. Wall Street Zen downgraded Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th.

Insperity Price Performance

Shares of Insperity stock traded down $13.61 during trading on Friday, reaching $45.97. 1,135,108 shares of the company's stock were exchanged, compared to its average volume of 485,224. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.13 and a current ratio of 1.13. Insperity, Inc. has a 1-year low of $45.08 and a 1-year high of $96.45. The company has a market cap of $1.73 billion, a P/E ratio of 27.27 and a beta of 0.48. The firm's 50-day moving average price is $60.93 and its 200 day moving average price is $73.68.

Insperity (NYSE:NSP - Get Free Report) last issued its earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). Insperity had a return on equity of 52.17% and a net margin of 0.95%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the company earned $0.86 EPS. Insperity's revenue for the quarter was up 3.3% on a year-over-year basis. As a group, research analysts anticipate that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, June 6th. This represents a $2.40 annualized dividend and a dividend yield of 5.2%. Insperity's dividend payout ratio is presently 142.86%.

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.