Vanguard Group Inc. Decreases Stock Holdings in Insperity, Inc. $NSP

Key Points

• Vanguard Group Inc. reduced its stake in Insperity, Inc. by 5.8%, selling 232,621 shares during the 1st quarter, now holding approximately 10.03% of the company valued at $336.9 million.
• Insiders bought a total of 20,194 shares of Insperity, reflecting confidence in the company's performance, while institutional investors own 93.44% of the stock.
• Several analysts have revised their ratings for Insperity, with Wall Street Zen downgrading their rating from "hold" to "sell" and price targets reduced significantly across the board.

Vanguard Group Inc. lowered its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,775,713 shares of the business services provider's stock after selling 232,621 shares during the quarter. Vanguard Group Inc. owned about 10.03% of Insperity worth $336,907,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Beverly Hills Private Wealth LLC boosted its position in 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 worth $316,000 after acquiring an additional 155 shares during the last quarter. Snowden Capital Advisors LLC raised its stake in Insperity by 6.0% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider's stock valued at $255,000 after acquiring an additional 186 shares during the period. LPL Financial LLC increased its position in Insperity by 3.5% during the 4th quarter. LPL Financial LLC now owns 6,227 shares of the business services provider's stock worth $483,000 after buying an additional 208 shares during the period. Private Trust Co. NA increased its position in shares of Insperity by 279.1% in 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 during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Insperity by 9.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,911 shares of the business services provider's stock valued at $226,000 after buying an additional 251 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Truist Financial cut their price target on Insperity from $70.00 to $50.00 and set a "hold" rating on the stock in a research note on Monday, August 4th. Wall Street Zen lowered Insperity from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. decreased their price objective on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Finally, Roth Capital cut their target price on Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a research report on Monday, August 4th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $58.33.

Insperity Trading Down 0.9%

NSP stock traded down $0.4760 during trading on Wednesday, hitting $54.5840. 172,882 shares of the company traded hands, compared to its average volume of 524,041. Insperity, Inc. has a 1 year low of $44.14 and a 1 year high of $95.98. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12. The company has a 50-day moving average of $57.56 and a 200-day moving average of $71.22. The firm has a market capitalization of $2.06 billion, a PE ratio of 51.55 and a beta of 0.47.

Insperity (NYSE:NSP - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share 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 company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the business earned $0.86 EPS. The firm'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. Analysts predict that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

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

Insider Buying and Selling at Insperity

In other news, Director Eli Jones bought 2,204 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were purchased at an average cost of $45.41 per share, with a total value of $100,083.64. Following the transaction, the director directly owned 12,847 shares in the company, valued at approximately $583,382.27. The trade was a 20.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP James D. Allison bought 4,000 shares of the stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of $46.82 per share, for a total transaction of $187,280.00. Following the completion of the purchase, the executive vice president owned 64,517 shares in the company, valued at approximately $3,020,685.94. This represents a 6.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 20,194 shares of company stock valued at $925,981. Corporate insiders own 5.50% of the company's stock.

About Insperity

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.