Insperity Inc (NSP) Director Richard G. Rawson Sells 10,000 Shares of Stock

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.

About Insperity

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.

Insider Buying and Selling by Quarter for Insperity (NYSE:NSP)

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