Versor Investments LP Purchases New Position in Insperity, Inc. $NSP

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 stake in Insperity, Inc. (NYSE:NSP - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,424 shares of the business services provider's stock, valued at approximately $484,000.

A number of other large investors have also added to or reduced their stakes in NSP. Beverly Hills Private Wealth LLC raised its position 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 worth $316,000 after buying an additional 155 shares in the last quarter. Snowden Capital Advisors LLC grew its stake in shares of Insperity by 6.0% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider's stock worth $255,000 after purchasing an additional 186 shares during the last quarter. LPL Financial LLC grew its stake in shares of Insperity by 3.5% in the 4th quarter. LPL Financial LLC now owns 6,227 shares of the business services provider's stock worth $483,000 after purchasing an additional 208 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Insperity by 279.1% in the 1st 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 last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of 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 last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Insperity

In other news, Director Eli Jones acquired 2,204 shares of Insperity stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of $45.41 per share, for a total transaction of $100,083.64. Following the completion of the purchase, the director owned 12,847 shares of the company's stock, valued at $583,382.27. This represents a 20.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Carol R. Kaufman bought 5,000 shares of the company's stock in a transaction that occurred on Monday, August 4th. The shares were bought at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the transaction, the director directly owned 47,067 shares of the company's stock, valued at $2,129,311.08. This trade represents a 11.89% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 20,194 shares of company stock valued at $925,981. Insiders own 5.50% of the company's stock.

Insperity Stock Down 3.2%

NSP traded down $1.77 on Tuesday, reaching $53.69. 379,877 shares of the company traded hands, compared to its average volume of 856,177. The stock's 50 day moving average price is $56.93 and its 200-day moving average price is $70.58. Insperity, Inc. has a 52-week low of $44.14 and a 52-week high of $95.98. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 50.65 and a beta of 0.47. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12.

Insperity (NYSE:NSP - Get Free Report) last posted 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 business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. Insperity's revenue was up 3.3% compared to the same quarter last year. During the same quarter 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, sell-side analysts expect that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be paid a $0.60 dividend. The ex-dividend date is Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a yield of 4.5%. Insperity's payout ratio is 226.42%.

Wall Street Analyst Weigh In

NSP has been the topic of several recent research reports. Truist Financial lowered their price objective on shares of Insperity from $70.00 to $50.00 and set a "hold" rating on the stock in a research note on Monday, August 4th. Roth Capital dropped their target price on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a research report on Monday, August 4th. JPMorgan Chase & Co. dropped their target price on shares of Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Finally, Wall Street Zen downgraded shares of Insperity from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus 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.