Insperity, Inc. (NYSE:NSP) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC raised its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 51.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,752 shares of the business services provider's stock after purchasing an additional 18,702 shares during the period. Jane Street Group LLC owned 0.15% of Insperity worth $4,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of NSP. Jones Financial Companies Lllp grew its holdings in Insperity by 493.2% during the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock valued at $27,000 after purchasing an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Insperity during the third quarter valued at approximately $32,000. UMB Bank n.a. boosted its position in shares of Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after buying an additional 267 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Insperity during the fourth quarter valued at approximately $87,000. Finally, Covestor Ltd grew its stake in shares of Insperity by 12.6% during the fourth quarter. Covestor Ltd now owns 1,302 shares of the business services provider's stock valued at $101,000 after buying an additional 146 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NSP has been the subject of a number of recent analyst reports. Truist Financial dropped their price objective on Insperity from $82.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a research report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $89.67.

Insperity Trading Up 0.6%

Shares of Insperity stock traded up $0.38 on Tuesday, hitting $69.38. 702,586 shares of the company traded hands, compared to its average volume of 356,242. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The company has a market cap of $2.61 billion, a PE ratio of 28.79 and a beta of 0.55. The stock's 50 day moving average price is $81.37 and its 200-day moving average price is $80.15. Insperity, Inc. has a 52 week low of $61.54 and a 52 week high of $106.01.

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

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 3.46%. Insperity's dividend payout ratio is currently 142.86%.

Insider Activity

In other news, CEO Paul J. Sarvadi sold 14,203 shares of Insperity stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $65.26, for a total value of $926,887.78. Following the transaction, the chief executive officer now owns 458,589 shares of the company's stock, valued at $29,927,518.14. The trade was a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen H. Masterson bought 1,755 shares of the stock in a transaction on Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, with a total value of $150,491.25. Following the completion of the purchase, the director now owns 16,612 shares of the company's stock, valued at $1,424,479. This represents a 11.81% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 5.29% of the company's stock.

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.