Squarepoint Ops LLC Has $524,000 Stock Position in Insperity, Inc. (NYSE:NSP)

Squarepoint Ops LLC reduced its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 92.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,760 shares of the business services provider's stock after selling 83,225 shares during the quarter. Squarepoint Ops LLC's holdings in Insperity were worth $524,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in shares of Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock valued at $27,000 after purchasing an additional 291 shares during the period. New Age Alpha Advisors LLC purchased a new stake in shares of Insperity in the fourth quarter valued at $87,000. Covestor Ltd grew its position in shares of Insperity by 12.6% in the fourth quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after purchasing an additional 146 shares during the period. KBC Group NV grew its position in shares of Insperity by 87.5% in the fourth quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock valued at $150,000 after purchasing an additional 905 shares during the period. Finally, Assetmark Inc. grew its position in shares of Insperity by 11.6% in the fourth quarter. Assetmark Inc. now owns 2,032 shares of the business services provider's stock valued at $158,000 after purchasing an additional 211 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insperity Stock Performance

NYSE:NSP traded down $0.92 during trading hours on Friday, reaching $62.70. 427,946 shares of the stock were exchanged, compared to its average volume of 378,699. The stock has a market capitalization of $2.36 billion, a P/E ratio of 26.02 and a beta of 0.51. Insperity, Inc. has a 52 week low of $61.54 and a 52 week high of $104.90. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The firm has a 50 day simple moving average of $72.85 and a 200-day simple moving average of $78.68.

Insperity (NYSE:NSP - Get Free Report) last issued its earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). Insperity had a return on equity of 72.22% and a net margin of 1.38%. The company had revenue of $310.00 million during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the previous year, the firm earned $2.27 earnings per share. The business's revenue was up 3.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be given a $0.60 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.83%. Insperity's dividend payout ratio is currently 142.86%.

Analyst Ratings Changes

NSP has been the subject of a number of research reports. Wall Street Zen downgraded Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Truist Financial decreased their target price on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th.

Insider Buying and Selling at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of Insperity stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $65.26, for a total transaction of $926,887.78. Following the transaction, the chief executive officer now directly owns 458,589 shares in the company, valued at approximately $29,927,518.14. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.29% of the company's stock.

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.