Solas Capital Management LLC Makes New $11.64 Million Investment in Insperity, Inc. $NSP

Key Points

• Solas Capital Management initiated an $11.64 million position in Insperity, purchasing 281,852 shares, or approximately 0.74% of the company. Institutional investors collectively own 93.44% of Insperity.
• Insperity reported quarterly earnings of $0.34 per share, exceeding estimates by $0.02, while revenue rose 1.7% year over year to $1.69 billion. The company declared a quarterly dividend of $0.60 per share, representing a 4.6% annualized yield.
• Analyst sentiment remains cautious, with one Buy, two Hold, and two Sell ratings, producing a consensus “Reduce” rating and a $53.33 price target. Shares recently opened at $52.14 after trading between $18.57 and $57.22 over the past year.

Solas Capital Management LLC bought a new position in shares of Insperity, Inc. (NYSE:NSP - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 281,852 shares of the business services provider's stock, valued at approximately $11,643,000. Insperity comprises about 6.2% of Solas Capital Management LLC's investment portfolio, making the stock its 6th largest holding. Solas Capital Management LLC owned 0.74% of Insperity as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NSP. M&T Bank Corp acquired a new position in Insperity during the fourth quarter worth $3,156,000. Quantinno Capital Management LP grew its holdings in Insperity by 43.2% in the 1st quarter. Quantinno Capital Management LP now owns 68,101 shares of the business services provider's stock valued at $1,841,000 after buying an additional 20,535 shares in the last quarter. Reinhart Partners LLC. increased its stake in shares of Insperity by 12.1% in the 2nd quarter. Reinhart Partners LLC. now owns 3,304,074 shares of the business services provider's stock worth $136,492,000 after acquiring an additional 356,365 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Insperity by 7.3% in the 4th quarter. Vanguard Group Inc. now owns 4,051,372 shares of the business services provider's stock worth $156,869,000 after acquiring an additional 274,198 shares during the last quarter. Finally, Royce & Associates LP raised its holdings in shares of Insperity by 50.2% during the 4th quarter. Royce & Associates LP now owns 792,834 shares of the business services provider's stock worth $30,699,000 after acquiring an additional 265,041 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Price Performance

NYSE:NSP opened at $52.14 on Tuesday. Insperity, Inc. has a 52 week low of $18.57 and a 52 week high of $57.22. The stock's fifty day moving average is $47.15 and its two-hundred day moving average is $35.43. The company has a market capitalization of $1.99 billion, a P/E ratio of -121.25 and a beta of 0.52. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 6.87.

Insperity (NYSE:NSP - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The business had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.67 billion. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The company's revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 EPS. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Equities analysts expect that Insperity, Inc. will post 1.07 EPS for the current year.

Insperity Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 2nd. Insperity's dividend payout ratio (DPR) is -558.14%.

Analyst Upgrades and Downgrades

NSP has been the topic of several recent research reports. Robert W. Baird set a $56.00 price target on shares of Insperity in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Insperity from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, July 15th. Roth Capital set a $61.00 target price on shares of Insperity in a research note on Friday, July 31st. Zacks Research upgraded shares of Insperity from a "strong sell" rating to a "hold" rating in a report on Wednesday, July 29th. Finally, Wall Street Zen raised shares of Insperity from a "sell" rating to a "hold" rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $53.33.

Insider Buying and Selling at Insperity

In related news, CEO Paul J. Sarvadi purchased 233,000 shares of the company's stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average cost of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the transaction, the chief executive officer directly owned 1,105,912 shares in the company, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 5.77% of the stock is currently owned by corporate insiders.

Insperity Profile

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company's flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers' compensation administration, and compliance with employment regulations.

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