Insperity, Inc. (NYSE:NSP) Shares Sold by Vest Financial LLC

Vest Financial LLC lowered its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 47.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,510 shares of the business services provider's stock after selling 15,041 shares during the period. Vest Financial LLC's holdings in Insperity were worth $1,473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NSP. Jones Financial Companies Lllp grew its holdings in shares of Insperity by 493.2% during the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after buying an additional 291 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in Insperity in the 4th quarter worth approximately $87,000. Covestor Ltd raised its holdings in Insperity by 12.6% in the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after acquiring an additional 146 shares during the last quarter. Assetmark Inc. lifted its stake in shares of Insperity by 11.6% during the 4th quarter. Assetmark Inc. now owns 2,032 shares of the business services provider's stock worth $158,000 after purchasing an additional 211 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of Insperity by 36.7% during the fourth quarter. US Bancorp DE now owns 2,150 shares of the business services provider's stock worth $167,000 after purchasing an additional 577 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

Insperity Trading Down 1.8%

Shares of NYSE NSP traded down $1.16 during trading on Wednesday, hitting $61.41. 309,905 shares of the company traded hands, compared to its average volume of 379,085. The firm has a market capitalization of $2.31 billion, a P/E ratio of 25.48 and a beta of 0.51. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The company has a 50-day moving average price of $71.81 and a 200-day moving average price of $78.51. Insperity, Inc. has a 1 year low of $60.65 and a 1 year high of $104.90.

Insperity (NYSE:NSP - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.44). The business had revenue of $310.00 million for the quarter, compared to analyst estimates of $1.87 billion. Insperity had a return on equity of 72.22% and a net margin of 1.38%. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $2.27 EPS. On average, equities analysts predict that Insperity, Inc. will post 2.33 EPS for the current year.

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be given a dividend of $0.60 per share. The ex-dividend date is Friday, June 6th. This represents a $2.40 dividend on an annualized basis and a yield of 3.91%. Insperity's dividend payout ratio (DPR) is 142.86%.

Insider Activity at Insperity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $65.26, for a total value of $926,887.78. Following the completion of the sale, the chief executive officer now owns 458,589 shares of the company's stock, valued at $29,927,518.14. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.29% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NSP shares. Truist Financial dropped their target price on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. Wall Street Zen lowered shares of Insperity from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th.

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.