Wall Street Zen Upgrades Insperity (NYSE:NSP) to Hold

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 report report published on Saturday morning.

NSP has been the subject of several other reports. JPMorgan Chase & Co. reduced their price target on Insperity from $68.00 to $51.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Roth Capital reduced their price target on Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a report on Monday, August 4th. Finally, Truist Financial reduced their price target on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a report on Monday, August 4th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Insperity currently has a consensus rating of "Hold" and an average price target of $58.33.

Insperity Stock Up 0.3%

NYSE:NSP traded up $0.15 on Friday, hitting $51.48. 403,326 shares of the company's stock traded hands, compared to its average volume of 493,853. The company has a market cap of $1.94 billion, a PE ratio of 48.57 and a beta of 0.48. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.29. Insperity has a 1 year low of $44.14 and a 1 year high of $95.98. The firm has a 50-day moving average price of $54.62 and a 200-day moving average price of $66.84.

Insperity (NYSE:NSP - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). The firm had revenue of $1.66 billion for 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%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior 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. Equities analysts anticipate that Insperity will post 2.33 EPS for the current fiscal year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, September 4th. Insperity's payout ratio is 226.42%.

Insider Transactions at Insperity

In other Insperity news, Director John L. Lumelleau purchased 5,500 shares of the business's stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of $45.36 per share, for a total transaction of $249,480.00. Following the completion of the acquisition, the director directly owned 5,500 shares in the company, valued at $249,480. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James D. Allison purchased 4,000 shares of the business's stock in a transaction dated Monday, August 4th. The shares were acquired at an average price of $46.82 per share, with a total value of $187,280.00. Following the completion of the acquisition, the executive vice president owned 64,517 shares of the company's stock, valued at approximately $3,020,685.94. The trade was a 6.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 20,194 shares of company stock worth $925,981. 5.29% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NSP. Beverly Hills Private Wealth LLC boosted its stake in Insperity by 4.6% in the first quarter. Beverly Hills Private Wealth LLC now owns 3,538 shares of the business services provider's stock worth $316,000 after purchasing an additional 155 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in Insperity by 49.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 548 shares of the business services provider's stock valued at $33,000 after buying an additional 181 shares during the period. Geneos Wealth Management Inc. lifted its stake in Insperity by 32.2% in the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider's stock valued at $67,000 after buying an additional 182 shares during the period. Snowden Capital Advisors LLC increased its holdings in shares of Insperity by 6.0% in the fourth quarter. Snowden Capital Advisors LLC now owns 3,294 shares of the business services provider's stock worth $255,000 after acquiring an additional 186 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of Insperity by 279.1% in the first quarter. Private Trust Co. NA now owns 326 shares of the business services provider's stock worth $29,000 after acquiring an additional 240 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.