Russell Investments Group Ltd. Boosts Stock Position in Insperity, Inc. $NSP

Russell Investments Group Ltd. grew its holdings in Insperity, Inc. (NYSE:NSP - Free Report) by 120.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,474 shares of the business services provider's stock after acquiring an additional 83,823 shares during the period. Russell Investments Group Ltd. owned about 0.41% of Insperity worth $13,695,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Private Trust Co. NA grew 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 worth $29,000 after purchasing an additional 240 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Insperity during the first quarter worth about $42,000. First Horizon Advisors Inc. grew 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 worth $63,000 after purchasing an additional 253 shares in the last quarter. UMB Bank n.a. grew its position in shares of Insperity by 37.6% during the first quarter. UMB Bank n.a. now owns 1,168 shares of the business services provider's stock worth $104,000 after purchasing an additional 319 shares in the last quarter. Finally, CWM LLC grew its position in shares of Insperity by 1,095.0% during the first quarter. CWM LLC now owns 1,446 shares of the business services provider's stock worth $129,000 after purchasing an additional 1,325 shares in the last quarter. Institutional investors own 93.44% of the company's stock.

Insider Activity at Insperity

In related news, EVP James D. Allison acquired 4,000 shares of Insperity stock in a transaction on Monday, August 4th. The shares were bought at an average cost of $46.82 per share, with a total value of $187,280.00. Following the completion of the purchase, the executive vice president directly owned 64,517 shares of the company's stock, valued at $3,020,685.94. The trade was a 6.61% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Eli Jones acquired 2,204 shares of Insperity stock in a transaction on Monday, August 4th. The shares were bought at an average cost of $45.41 per share, for a total transaction of $100,083.64. Following the completion of the purchase, the director directly owned 12,847 shares of the company's stock, valued at $583,382.27. The trade was a 20.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 20,194 shares of company stock valued at $925,981 over the last ninety days. 5.29% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NSP has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Truist Financial cut their target price on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research report on Monday, August 4th. Wall Street Zen cut Insperity from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Roth Capital reduced their target price on Insperity from $85.00 to $74.00 and set a "buy" 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 issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $58.33.

Insperity Price Performance

Shares of NSP stock traded up $2.04 during trading hours on Friday, hitting $55.84. The stock had a trading volume of 211,582 shares, compared to its average volume of 523,018. The stock's 50-day moving average price is $57.27 and its two-hundred day moving average price is $70.96. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. Insperity, Inc. has a one year low of $44.14 and a one year high of $95.98. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 52.68 and a beta of 0.47.

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 for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm earned $0.86 earnings per share. The company's 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. Equities analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, September 4th. Insperity's payout ratio is presently 226.42%.

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.