PDT Partners LLC Buys Shares of 9,121 Insperity, Inc. (NYSE:NSP)

PDT Partners LLC acquired a new position in shares of Insperity, Inc. (NYSE:NSP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,121 shares of the business services provider's stock, valued at approximately $707,000.

Several other hedge funds have also recently modified their holdings of the stock. Barclays PLC lifted its stake in shares of Insperity by 129.7% during the third quarter. Barclays PLC now owns 82,580 shares of the business services provider's stock worth $7,269,000 after purchasing an additional 46,625 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Insperity during the third quarter worth about $32,000. Tidal Investments LLC raised its stake in Insperity by 84.3% during the 3rd quarter. Tidal Investments LLC now owns 7,385 shares of the business services provider's stock valued at $650,000 after acquiring an additional 3,377 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Insperity by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 20,821 shares of the business services provider's stock worth $1,844,000 after buying an additional 909 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Insperity by 16.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock worth $13,259,000 after buying an additional 21,325 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Insperity

In related news, COO Arthur A. Arizpe sold 6,000 shares of the business's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the transaction, the chief operating officer now owns 72,551 shares in the company, valued at $6,143,618.68. The trade was a 7.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of the company's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the sale, the chief executive officer now directly owns 436,584 shares of the company's stock, valued at $36,812,762.88. The trade was a 5.42 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.50% of the company's stock.

Insperity Trading Down 3.1 %

NYSE NSP traded down $2.08 during trading hours on Monday, hitting $64.81. 634,156 shares of the company's stock were exchanged, compared to its average volume of 346,499. 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 stock has a 50-day simple moving average of $83.85 and a 200 day simple moving average of $80.96. Insperity, Inc. has a 1-year low of $61.54 and a 1-year high of $106.69. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 26.89 and a beta of 0.67.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly earnings data 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 net margin of 1.38% and a return on equity of 72.22%. The firm had revenue of $310.00 million during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the prior year, the firm posted $2.27 earnings per share. The company's revenue was up 3.4% on a year-over-year basis. On average, equities analysts forecast that Insperity, Inc. will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's payout ratio is currently 142.86%.

Wall Street Analyst Weigh In

NSP has been the subject of a number of research analyst reports. Truist Financial reduced their target price 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 shares of Insperity from a "buy" rating to a "hold" rating in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $89.67.

Insperity Company 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.