Insperity, Inc. (NYSE:NSP) Shares Acquired by Voloridge Investment Management LLC

Voloridge Investment Management LLC increased its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 35.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 184,517 shares of the business services provider's stock after purchasing an additional 48,010 shares during the quarter. Voloridge Investment Management LLC owned 0.49% of Insperity worth $14,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in shares of Insperity by 493.2% in the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after purchasing an additional 291 shares during the period. UMB Bank n.a. boosted its holdings in shares of Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after purchasing an additional 267 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of Insperity in the 4th quarter worth approximately $87,000. Covestor Ltd boosted its holdings in shares of Insperity by 12.6% in the 4th quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock worth $101,000 after purchasing an additional 146 shares during the period. Finally, KBC Group NV boosted its holdings in shares of Insperity by 87.5% in the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock worth $150,000 after purchasing an additional 905 shares during the period. Institutional investors own 93.44% of the company's stock.

Insperity Stock Up 0.6%

NYSE:NSP traded up $0.38 during midday trading on Thursday, reaching $64.60. The company had a trading volume of 85,586 shares, compared to its average volume of 369,456. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 26.80 and a beta of 0.55. The stock's fifty day simple moving average is $76.36 and its 200-day simple moving average is $79.21. Insperity, Inc. has a 12-month low of $61.54 and a 12-month high of $104.90. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly 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). Insperity had a return on equity of 72.22% and a net margin of 1.38%. The business had revenue of $310.00 million for the quarter, compared to analysts' expectations of $1.87 billion. During the same period last year, the firm earned $2.27 earnings per share. The firm's quarterly revenue was up 3.4% on a year-over-year basis. On average, sell-side analysts anticipate that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business 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 $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend is Friday, June 6th. Insperity's dividend payout ratio (DPR) is presently 142.86%.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 14,203 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $65.26, for a total transaction of $926,887.78. Following the transaction, the chief executive officer now owns 458,589 shares in the company, valued at approximately $29,927,518.14. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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