Insperity (NYSE:NSP) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen cut shares of Insperity (NYSE:NSP) from a hold rating to a sell rating in a research note released on Saturday morning.

Several other brokerages have also weighed in on NSP. Weiss Ratings reiterated a “sell (d+)” rating on shares of Insperity in a report on Wednesday, October 8th. Truist Financial dropped their price target on shares of Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday, November 4th. Roth Capital reaffirmed a “buy” rating and set a $71.00 price target on shares of Insperity in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating for the company in a research note on Tuesday, November 4th. Finally, Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Insperity currently has a consensus rating of “Reduce” and a consensus price target of $46.67.

Insperity Trading Down 0.6%

NSP traded down $0.19 during trading on Friday, hitting $33.89. The company’s stock had a trading volume of 790,498 shares, compared to its average volume of 556,041. Insperity has a twelve month low of $33.00 and a twelve month high of $95.98. The stock has a market cap of $1.28 billion, a PE ratio of 31.97 and a beta of 0.52. The firm’s 50 day moving average price is $48.16 and its 200-day moving average price is $56.58. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Monday, November 3rd. The business services provider reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.42). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The business had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the firm earned $0.39 EPS. Insperity’s revenue for the quarter was up 4.0% on a year-over-year basis. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. On average, analysts expect that Insperity will post 2.33 earnings per share for the current year.

Insperity Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a $0.60 dividend. The ex-dividend date was Thursday, September 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.1%. Insperity’s dividend payout ratio (DPR) is 521.74%.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi sold 10,850 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the completion of the transaction, the chief executive officer owned 428,001 shares in the company, valued at $22,247,491.98. This represents a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.29% of the company’s stock.

Institutional Investors Weigh In On Insperity

Large investors have recently added to or reduced their stakes in the company. Reinhart Partners LLC. lifted its holdings in Insperity by 23.2% in the 3rd quarter. Reinhart Partners LLC. now owns 2,202,326 shares of the business services provider’s stock worth $108,355,000 after buying an additional 415,373 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Insperity by 2.9% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,452,465 shares of the business services provider’s stock valued at $87,322,000 after acquiring an additional 41,521 shares in the last quarter. Earnest Partners LLC increased its position in shares of Insperity by 3.3% during the first quarter. Earnest Partners LLC now owns 1,370,771 shares of the business services provider’s stock worth $122,314,000 after acquiring an additional 44,004 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Insperity by 1.3% in the second quarter. Geode Capital Management LLC now owns 1,030,548 shares of the business services provider’s stock worth $61,963,000 after acquiring an additional 13,266 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Insperity by 0.5% in the second quarter. Sei Investments Co. now owns 791,122 shares of the business services provider’s stock valued at $47,562,000 after purchasing an additional 3,569 shares during the last quarter. 93.44% of the stock is 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.