Insperity, Inc. $NSP Stock Sold by Reinhart Partners LLC.

Reinhart Partners LLC. reduced its stake in Insperity, Inc. (NYSE:NSP – Free Report) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,256,775 shares of the business services provider’s stock after selling 47,299 shares during the period. Insperity accounts for about 3.7% of Reinhart Partners LLC.’s investment portfolio, making the stock its 8th biggest holding. Reinhart Partners LLC. owned about 8.53% of Insperity worth $151,733,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Insperity in the 2nd quarter worth about $229,243,000. Bank of America Corp DE acquired a new stake in Insperity in the 2nd quarter valued at approximately $118,483,000. Hawk Ridge Capital Management LP bought a new stake in Insperity during the 1st quarter valued at $39,608,000. Pine Valley Investments Ltd Liability Co acquired a new position in Insperity during the 1st quarter worth $12,890,000. Finally, Sei Investments Co. boosted its position in Insperity by 47.7% during the 1st quarter. Sei Investments Co. now owns 1,311,430 shares of the business services provider’s stock worth $35,461,000 after acquiring an additional 423,383 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings raised Insperity from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 15th. Zacks Research raised Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Roth Capital set a $61.00 target price on Insperity in a research report on Friday, July 31st. Robert W. Baird set a $56.00 price target on Insperity in a research report on Friday, July 31st. Finally, Truist Financial set a $52.00 price objective on Insperity and gave the stock a “hold” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $53.33.

Check Out Our Latest Stock Report on Insperity

Insperity Trading Down 2.2%

Shares of NSP opened at $48.66 on Friday. The business’s 50-day moving average price is $50.50 and its 200 day moving average price is $41.20. The stock has a market capitalization of $1.86 billion, a P/E ratio of -113.17 and a beta of 0.54. Insperity, Inc. has a 1-year low of $18.57 and a 1-year high of $55.90. 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 – Get Free Report) last announced its earnings results on Wednesday, July 29th. The business services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period last year, the company posted $0.26 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Analysts expect that Insperity, Inc. will post 1.07 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd were issued a $0.60 dividend. The ex-dividend date was Wednesday, September 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.9%. Insperity’s dividend payout ratio is presently -558.14%.

About Insperity

(Free Report)

Insperity, Inc is a provider of human resources and business-performance solutions for small and midsize businesses. Through its professional employer organization (PEO) services, the company helps clients manage payroll, employee benefits, human resources administration, employment-related compliance, and risk management.

The company also offers human capital management technology and related services designed to support payroll processing, recruiting, onboarding, time and attendance, performance management, and employee engagement.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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