Insperity (NYSE:NSP) CEO Sells 10,850 Shares

Key Points

• Insperity CEO Paul Sarvadi sold 10,850 shares at an average price of $51.98, resulting in a total value of $563,983 and a 2.47% decrease in his ownership.
• The company reported earnings of $0.26 per share, missing analysts' expectations of $0.41, while revenue increased by 3.3% year-over-year.
• Insperity announced a quarterly dividend of $0.60, reflecting an annualized yield of 4.8%, although the payout ratio is notably high at 226.42%.

Insperity, Inc. (NYSE:NSP - Get Free Report) CEO Paul J. Sarvadi sold 10,850 shares of Insperity stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the transaction, the chief executive officer directly owned 428,001 shares in the company, valued at approximately $22,247,491.98. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Insperity Stock Performance

Shares of NSP traded up $0.99 during mid-day trading on Monday, reaching $51.37. 457,875 shares of the company's stock were exchanged, compared to its average volume of 528,193. The business's fifty day simple moving average is $54.32 and its 200-day simple moving average is $66.05. The stock has a market capitalization of $1.93 billion, a PE ratio of 48.46 and a beta of 0.48. 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.

Insperity (NYSE:NSP - Get Free Report) last issued its quarterly earnings results 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 return on equity of 35.32% and a net margin of 0.60%.The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the company earned $0.86 EPS. The firm's revenue for the quarter 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. On average, equities research analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity's dividend payout ratio (DPR) is presently 226.42%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NSP shares. JPMorgan Chase & Co. dropped their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Roth Capital dropped their price objective on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a research note on Monday, August 4th. Truist Financial reduced their target price on shares of Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Insperity from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. One 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 company has an average rating of "Hold" and an average price target of $58.33.

Institutional Investors Weigh In On Insperity

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Insperity by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,436 shares of the business services provider's stock worth $1,584,000 after purchasing an additional 795 shares during the last quarter. Millennium Management LLC boosted 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 buying an additional 11,289 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Insperity in the 4th quarter worth about $365,000. Snowden Capital Advisors LLC grew 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 last quarter. Finally, Two Sigma Investments LP purchased a new position in Insperity during the 4th quarter valued at about $446,000. Hedge funds and other institutional investors own 93.44% 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.