Insperity (NYSE:NSP) Upgraded at Wall Street Zen

Key Points

• Insperity (NYSE:NSP) was upgraded by Wall Street Zen from a sell rating to a hold rating, while other firms have varied target price adjustments.
• The company reported earnings of $0.26 per share, missing estimates by $0.15, with revenues of $1.66 billion maintaining year-over-year growth of 3.3%.
• Insider buying activity increased, with notable acquisitions from directors totaling over $140,000 recently, reflecting confidence in the company's stock.

Wall Street Zen upgraded shares of Insperity (NYSE:NSP - Free Report) from a sell rating to a hold rating in a research note issued to investors on Saturday.

Several other research firms have also recently commented on NSP. Truist Financial cut 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. Roth Capital lowered their target price on shares of Insperity from $85.00 to $74.00 and set a "buy" rating on the stock in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $58.33.

Insperity Stock Down 0.5%

Shares of NSP stock traded down $0.25 during trading on Friday, hitting $51.76. 473,167 shares of the company were exchanged, compared to its average volume of 525,129. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 48.83 and a beta of 0.48. The business's 50-day simple moving average is $55.18 and its 200 day simple moving average is $67.29. Insperity has a twelve month low of $44.14 and a twelve month high of $95.98.

Insperity (NYSE:NSP - Get Free Report) last posted its earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15). The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Insperity had a net margin of 0.60% and a return on equity of 35.32%. Insperity's revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 earnings per share. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, analysts forecast that Insperity will post 2.33 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be issued a $0.60 dividend. The ex-dividend date is Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.6%. Insperity's dividend payout ratio (DPR) is 226.42%.

Insiders Place Their Bets

In other Insperity news, Director Carol R. Kaufman bought 5,000 shares of Insperity stock in a transaction dated Monday, August 4th. The stock was bought at an average price of $45.24 per share, with a total value of $226,200.00. Following the completion of the transaction, the director owned 47,067 shares in the company, valued at $2,129,311.08. The trade was a 11.89% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John L. Lumelleau bought 5,500 shares of Insperity stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of $45.36 per share, with a total value of $249,480.00. Following the transaction, the director owned 5,500 shares of the company's stock, valued at $249,480. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders purchased 20,194 shares of company stock valued at $925,981 in the last ninety days. 5.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NSP. Crossmark Global Holdings Inc. acquired a new position in Insperity during the first quarter worth about $222,000. GAMMA Investing LLC boosted its holdings in shares of Insperity by 524.1% during the 1st quarter. GAMMA Investing LLC now owns 1,554 shares of the business services provider's stock worth $139,000 after buying an additional 1,305 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Insperity by 28.4% during 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. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Insperity by 597.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,317 shares of the business services provider's stock worth $1,813,000 after buying an additional 17,406 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Insperity in the 1st quarter worth $268,000. Institutional investors and hedge funds 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.