Sovereign s Capital Management LLC raised its holdings in Insperity, Inc. (NYSE:NSP – Free Report) by 45.2% during the fourth quarter, HoldingsChannel reports. The firm owned 172,444 shares of the business services provider’s stock after buying an additional 53,656 shares during the period. Insperity comprises about 4.0% of Sovereign s Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Sovereign s Capital Management LLC’s holdings in Insperity were worth $6,677,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of NSP. Signaturefd LLC increased its stake in Insperity by 363.3% in the fourth quarter. Signaturefd LLC now owns 959 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 752 shares during the period. Farther Finance Advisors LLC increased its stake in Insperity by 871.6% in the fourth quarter. Farther Finance Advisors LLC now owns 991 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 889 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in Insperity in the third quarter valued at $41,000. Allworth Financial LP increased its stake in Insperity by 845.3% in the fourth quarter. Allworth Financial LP now owns 1,106 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 989 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its stake in Insperity by 75.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 416 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on NSP shares. Roth Mkm set a $54.00 target price on shares of Insperity in a report on Friday, May 1st. Wall Street Zen raised shares of Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Insperity in a report on Friday, March 27th. JPMorgan Chase & Co. reduced their price target on shares of Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, May 1st. Finally, Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. 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. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $46.00.
Insperity Price Performance
Insperity stock opened at $34.88 on Wednesday. Insperity, Inc. has a 52-week low of $18.57 and a 52-week high of $63.30. The firm has a fifty day moving average of $32.05 and a 200-day moving average of $33.06. The firm has a market capitalization of $1.33 billion, a P/E ratio of -52.06 and a beta of 0.59. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 5.51.
Insperity (NYSE:NSP – Get Free Report) last announced its earnings results on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.89 billion. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.57 earnings per share. 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, analysts predict that Insperity, Inc. will post 0.99 EPS for the current year.
Insperity Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Thursday, June 4th. Insperity’s dividend payout ratio (DPR) is presently -358.21%.
Insiders Place Their Bets
In other news, CEO Paul J. Sarvadi acquired 233,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average cost of $34.05 per share, for a total transaction of $7,933,650.00. Following the transaction, the chief executive officer directly owned 1,105,912 shares in the company, valued at $37,656,303.60. This trade represents a 26.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have bought 358,000 shares of company stock valued at $11,396,650. Company insiders own 5.77% 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.
See Also
- Five stocks we like better than Insperity
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSP – Free Report).
Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.
