Insperity Inc (NYSE:NSP) Director Richard G. Rawson sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, May 23rd. The stock was sold at an average price of $89.51, for a total value of $895,100.00. Following the completion of the transaction, the director now directly owns 152,553 shares in the company, valued at $13,655,019.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Insperity traded down $0.05, reaching $90.40, during trading hours on Friday, Marketbeat.com reports. 137,525 shares of the company traded hands, compared to its average volume of 402,451. Insperity Inc has a 12-month low of $34.88 and a 12-month high of $92.30. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.02. The stock has a market cap of $3.80 billion, a P/E ratio of 44.31, a PEG ratio of 1.59 and a beta of 0.85.
Insperity (NYSE:NSP) last posted its quarterly earnings data on Monday, April 30th. The business services provider reported $1.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.27. Insperity had a return on equity of 122.34% and a net margin of 2.87%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $988.24 million. During the same period in the previous year, the firm earned $1.84 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. equities research analysts expect that Insperity Inc will post 3.17 earnings per share for the current fiscal year.
NSP has been the topic of a number of analyst reports. Robert W. Baird lifted their price objective on Insperity from $69.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, May 14th. Roth Capital lifted their price objective on Insperity from $58.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, February 13th. Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a research report on Monday, February 19th. SunTrust Banks lifted their price objective on Insperity to $85.00 and gave the company a “hold” rating in a research report on Tuesday, May 1st. Finally, ValuEngine raised Insperity from a “sell” rating to a “hold” rating in a research report on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $86.75.
Several hedge funds have recently bought and sold shares of the company. Redwood Investments LLC raised its stake in Insperity by 5.2% during the 1st quarter. Redwood Investments LLC now owns 255,102 shares of the business services provider’s stock valued at $17,742,000 after purchasing an additional 12,664 shares during the period. Allianz Asset Management GmbH raised its stake in Insperity by 13.4% during the 1st quarter. Allianz Asset Management GmbH now owns 317,300 shares of the business services provider’s stock valued at $22,068,000 after purchasing an additional 37,553 shares during the period. Principal Financial Group Inc. raised its stake in Insperity by 1.1% during the 1st quarter. Principal Financial Group Inc. now owns 602,826 shares of the business services provider’s stock valued at $41,926,000 after purchasing an additional 6,354 shares during the period. WINTON GROUP Ltd raised its stake in Insperity by 24.8% during the 1st quarter. WINTON GROUP Ltd now owns 126,192 shares of the business services provider’s stock valued at $8,777,000 after purchasing an additional 25,096 shares during the period. Finally, Xact Kapitalforvaltning AB raised its stake in Insperity by 84.7% during the 1st quarter. Xact Kapitalforvaltning AB now owns 6,544 shares of the business services provider’s stock valued at $455,000 after purchasing an additional 3,000 shares during the period. 81.06% of the stock is currently owned by hedge funds and other institutional investors.
Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.
Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.