Trexquant Investment LP Acquires 95,267 Shares of Insperity, Inc. $NSP

Key Points

• Trexquant Investment LP increased its stake in Insperity, Inc. by 392.8%, acquiring 95,267 shares to own a total of 119,522 shares valued at approximately $10.67 million.
• Insperity announced a $0.60 quarterly dividend, which represents a 4.4% yield, bringing the annual dividend to $2.40, while also indicating a payout ratio of 226.42%.
• Several analysts have revised their price targets for Insperity, with estimates ranging from $50.00 to $74.00; the stock currently holds an average rating of "Hold."

Trexquant Investment LP lifted its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 392.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 119,522 shares of the business services provider's stock after purchasing an additional 95,267 shares during the quarter. Trexquant Investment LP owned 0.32% of Insperity worth $10,665,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NSP. Reinhart Partners LLC. grew its holdings 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 in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Insperity in the 4th quarter valued at $17,521,000. Nuveen LLC bought a new position in shares of Insperity in the 1st quarter valued at $12,452,000. GAMMA Investing LLC lifted its position in shares of Insperity by 55,588.0% during the 1st quarter. GAMMA Investing LLC now owns 138,663 shares of the business services provider's stock worth $123,730,000 after buying an additional 138,414 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Insperity by 120.3% in the first quarter. Russell Investments Group Ltd. now owns 153,474 shares of the business services provider's stock valued at $13,695,000 after buying an additional 83,823 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Eli Jones acquired 2,204 shares of the stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of $45.41 per share, for a total transaction of $100,083.64. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John L. Lumelleau bought 5,500 shares of Insperity stock in a transaction that occurred on Monday, August 4th. The stock was bought at an average price of $45.36 per share, for a total transaction of $249,480.00. Following the completion of the acquisition, the director directly owned 5,500 shares of the company's stock, valued at $249,480. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 20,194 shares of company stock valued at $925,981. Corporate insiders own 5.50% of the company's stock.

Insperity Trading Down 1.5%

Shares of NSP stock traded down $0.83 during mid-day trading on Tuesday, reaching $54.39. 523,275 shares of the stock traded hands, compared to its average volume of 522,703. The stock's fifty day simple moving average is $56.53 and its two-hundred day simple moving average is $69.63. Insperity, Inc. has a 1-year low of $44.14 and a 1-year high of $95.98. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 51.31 and a beta of 0.48. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the business posted $0.86 earnings per share. The business's revenue for the quarter 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. On average, research analysts anticipate that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Thursday, September 4th. Insperity's payout ratio is 226.42%.

Analysts Set New Price Targets

Several brokerages have commented on NSP. JPMorgan Chase & Co. lowered their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research note on Monday, August 4th. Truist Financial dropped their price objective on shares of Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. Wall Street Zen lowered shares of Insperity from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Roth Capital lowered their price target on shares of Insperity from $85.00 to $74.00 and set a "buy" rating for the company 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $58.33.

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.