5,424 Shares in Insperity, Inc. $NSP Purchased by Versor Investments LP

Key Points

• Versor Investments LP acquired a stake in Insperity, buying 5,424 shares valued at approximately $484,000 during the first quarter.
• Several analysts reduced their target prices for Insperity, with Roth Capital lowering it from $85 to $74, while JPMorgan Chase set a new target of $51.
• Insperity recently announced a quarterly dividend of $0.60 per share, yielding 4.4%, despite a high dividend payout ratio of 226.42%.

Versor Investments LP bought a new position in shares of Insperity, Inc. (NYSE:NSP - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,424 shares of the business services provider's stock, valued at approximately $484,000.

Several other large investors have also recently added to or reduced their stakes in the business. Crossmark Global Holdings Inc. purchased a new stake in shares of Insperity during the 1st quarter valued at about $222,000. GAMMA Investing LLC boosted its stake in Insperity by 524.1% during the 1st quarter. GAMMA Investing LLC now owns 1,554 shares of the business services provider's stock valued at $139,000 after acquiring an additional 1,305 shares during the last quarter. Millennium Management LLC grew its position in shares of Insperity by 28.4% in the 4th quarter. Millennium Management LLC now owns 51,097 shares of the business services provider's stock worth $3,961,000 after acquiring an additional 11,289 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Insperity by 597.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,317 shares of the business services provider's stock worth $1,813,000 after acquiring an additional 17,406 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Insperity in the 1st quarter worth approximately $268,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a research report on Monday, August 4th. Truist Financial cut their target price 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 downgraded Insperity from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. 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 note on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $58.33.

Insider Activity at Insperity

In related news, Director Eli Jones purchased 2,204 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $45.41 per share, for a total transaction of $100,083.64. Following the purchase, the director owned 12,847 shares in the company, valued at $583,382.27. The trade was a 20.71% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP James D. Allison purchased 4,000 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were bought at an average price of $46.82 per share, with a total value of $187,280.00. Following the purchase, the executive vice president owned 64,517 shares in the company, valued at $3,020,685.94. This represents a 6.61% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 20,194 shares of company stock worth $925,981 in the last 90 days. Insiders own 5.50% of the company's stock.

Insperity Price Performance

Shares of NSP traded down $0.1550 during midday trading on Monday, reaching $55.4450. The stock had a trading volume of 223,832 shares, compared to its average volume of 524,964. Insperity, Inc. has a 52 week low of $44.14 and a 52 week high of $95.98. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The firm's 50 day moving average price is $57.16 and its 200-day moving average price is $70.79. The company has a market capitalization of $2.09 billion, a P/E ratio of 52.29 and a beta of 0.47.

Insperity (NYSE:NSP - Get Free Report) last announced its 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). The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.The firm's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.86 earnings per share. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. On average, 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 Thursday, September 18th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, September 4th. Insperity's dividend payout ratio is 226.42%.

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.