Townsquare Capital LLC Purchases New Position in Insperity, Inc. $NSP

Key Points

• Townsquare Capital LLC has made a new investment of $493,000 in Insperity, purchasing 5,526 shares of the company's stock.
• Insperity's stock has faced a 2.2% decline, with shares trading at $51.13 and a PE ratio of 48.24.
• Corporate insiders increased their ownership, with director Eli Jones acquiring 2,204 shares and Randall Mehl purchasing 2,000 shares recently.

Townsquare Capital LLC acquired a new stake in Insperity, Inc. (NYSE:NSP - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,526 shares of the business services provider's stock, valued at approximately $493,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NSP. Beverly Hills Private Wealth LLC lifted its holdings in shares of Insperity by 4.6% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 3,538 shares of the business services provider's stock valued at $316,000 after buying an additional 155 shares during the period. Snowden Capital Advisors LLC lifted its holdings in shares of Insperity by 6.0% during the 4th quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider's stock valued at $255,000 after buying an additional 186 shares during the period. LPL Financial LLC lifted its holdings in shares of Insperity by 3.5% during the 4th quarter. LPL Financial LLC now owns 6,227 shares of the business services provider's stock valued at $483,000 after buying an additional 208 shares during the period. Private Trust Co. NA lifted its holdings in shares of 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 buying an additional 240 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Insperity by 9.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,911 shares of the business services provider's stock worth $226,000 after purchasing an additional 251 shares during the period. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on NSP. JPMorgan Chase & Co. decreased their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Roth Capital decreased 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. Wall Street Zen cut Insperity from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Truist Financial decreased their target price on Insperity from $70.00 to $50.00 and set a "hold" rating on the stock in a report on Monday, August 4th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Insperity has an average rating of "Hold" and an average target price of $58.33.

Insperity Price Performance

NSP stock traded down $0.4410 during trading on Wednesday, reaching $54.6190. The company's stock had a trading volume of 190,911 shares, compared to its average volume of 524,095. Insperity, Inc. has a 1 year low of $44.14 and a 1 year high of $95.98. 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 company has a market capitalization of $2.06 billion, a P/E ratio of 51.52 and a beta of 0.47. The company's fifty day moving average is $57.56 and its 200-day moving average is $71.22.

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

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.4%. Insperity's payout ratio is 226.42%.

Insider Activity

In other news, EVP James D. Allison acquired 4,000 shares of the business's stock in a transaction dated Monday, August 4th. The stock was purchased at an average price of $46.82 per share, for a total transaction of $187,280.00. Following the completion of the transaction, the executive vice president directly owned 64,517 shares in the company, valued at approximately $3,020,685.94. This trade represents a 6.61% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eli Jones acquired 2,204 shares of the business's stock in a transaction dated Monday, August 4th. The shares were purchased at an average price of $45.41 per share, with a total value of $100,083.64. Following the transaction, the director owned 12,847 shares of the company's stock, valued at approximately $583,382.27. This represents a 20.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 20,194 shares of company stock valued at $925,981. 5.50% of the stock is owned by corporate insiders.

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.