Zacks Research Downgrades Insperity (NYSE:NSP) to Strong Sell

Insperity (NYSE:NSP) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

Several other brokerages have also recently commented on NSP. Roth Mkm set a $54.00 target price on Insperity in a report on Friday, May 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating for the company in a research report on Friday, May 1st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Insperity currently has an average rating of “Reduce” and a consensus target price of $46.00.

Insperity Stock Up 6.8%

Shares of NSP opened at $44.12 on Tuesday. The company has a market capitalization of $1.68 billion, a P/E ratio of -65.86 and a beta of 0.55. The company has a debt-to-equity ratio of 5.51, a current ratio of 1.09 and a quick ratio of 1.09. Insperity has a one year low of $18.57 and a one year high of $62.53. The business’s 50 day simple moving average is $34.50 and its 200-day simple moving average is $33.31.

Insperity (NYSE:NSP) last released its quarterly earnings results on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. Insperity had a negative return on equity of 28.26% and a negative net margin of 0.37%.The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same period last year, the firm posted $1.57 EPS. The business’s revenue was up 1.7% on a year-over-year basis. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. As a group, sell-side analysts predict that Insperity will post 0.99 EPS for the current fiscal year.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi bought 233,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was bought at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the transaction, the chief executive officer directly owned 1,105,912 shares in the company, valued at $37,656,303.60. The trade was a 26.69% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 5.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Insperity

Several hedge funds have recently added to or reduced their stakes in the company. M&T Bank Corp acquired a new position in Insperity during the 4th quarter valued at about $3,156,000. Earnest Partners LLC grew its position in shares of Insperity by 4.0% during the 3rd quarter. Earnest Partners LLC now owns 1,400,086 shares of the business services provider’s stock worth $68,884,000 after buying an additional 53,598 shares during the period. Western Standard LLC acquired a new stake in shares of Insperity during the 4th quarter worth approximately $8,348,000. ARGA Investment Management LP bought a new stake in shares of Insperity during the fourth quarter worth approximately $1,559,000. Finally, Vanguard Group Inc. lifted its holdings in Insperity by 7.3% in the fourth quarter. Vanguard Group Inc. now owns 4,051,372 shares of the business services provider’s stock valued at $156,869,000 after buying an additional 274,198 shares during the period. Institutional investors own 93.44% of the company’s stock.

About Insperity

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.