Solas Capital Management LLC Invests $11.64 Million in Insperity, Inc. $NSP

Solas Capital Management LLC acquired a new stake in Insperity, Inc. (NYSE:NSP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 281,852 shares of the business services provider’s stock, valued at approximately $11,643,000. Insperity makes up about 6.2% of Solas Capital Management LLC’s holdings, making the stock its 6th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Insperity during the 2nd quarter valued at about $229,243,000. Vanguard Group Inc. lifted its position in shares of Insperity by 7.3% during the fourth quarter. Vanguard Group Inc. now owns 4,051,372 shares of the business services provider’s stock worth $156,869,000 after purchasing an additional 274,198 shares in the last quarter. Reinhart Partners LLC. lifted its position in shares of Insperity by 12.1% during the second quarter. Reinhart Partners LLC. now owns 3,304,074 shares of the business services provider’s stock worth $136,492,000 after purchasing an additional 356,365 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Insperity by 7.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,596,769 shares of the business services provider’s stock valued at $61,827,000 after purchasing an additional 106,079 shares during the period. Finally, Earnest Partners LLC boosted its stake in shares of Insperity by 13.1% in the fourth quarter. Earnest Partners LLC now owns 1,582,949 shares of the business services provider’s stock valued at $61,292,000 after purchasing an additional 182,863 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NSP. Robert W. Baird set a $56.00 target price on shares of Insperity in a research note on Friday, July 31st. Truist Financial set a $52.00 price target on shares of Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Zacks Research upgraded shares of Insperity from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. reduced their price objective on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $53.33.

Insperity Price Performance

Shares of NSP opened at $52.14 on Tuesday. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -121.25 and a beta of 0.52. The firm’s fifty day simple moving average is $47.15 and its 200-day simple moving average is $35.43. Insperity, Inc. has a twelve month low of $18.57 and a twelve month high of $57.22. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 6.87.

Insperity (NYSE:NSP) last issued its earnings results on Wednesday, July 29th. The business services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.67 billion. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 earnings per share. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Equities analysts forecast that Insperity, Inc. will post 1.07 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Wednesday, September 2nd will be paid a dividend of $0.60 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $2.40 annualized dividend and a yield of 4.6%. Insperity’s payout ratio is presently -558.14%.

Insider Transactions at Insperity

In related news, CEO Paul J. Sarvadi purchased 233,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were bought at an average cost of $34.05 per share, for a total transaction of $7,933,650.00. Following the completion of the purchase, the chief executive officer directly owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. This trade represents a 26.69% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.77% of the stock is owned by company insiders.

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.