Sanctuary Advisors LLC purchased a new position in Insperity, Inc. (NYSE:NSP – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 25,966 shares of the business services provider’s stock, valued at approximately $1,073,000. Sanctuary Advisors LLC owned approximately 0.07% of Insperity at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Insperity during the second quarter valued at approximately $229,243,000. Hawk Ridge Capital Management LP purchased a new position in shares of Insperity in the first quarter worth $39,608,000. Goldman Sachs Group Inc. boosted its position in shares of Insperity by 140.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,471,160 shares of the business services provider’s stock worth $56,963,000 after acquiring an additional 859,326 shares during the last quarter. Invesco Ltd. boosted its position in shares of Insperity by 117.8% during the fourth quarter. Invesco Ltd. now owns 1,137,255 shares of the business services provider’s stock worth $44,035,000 after acquiring an additional 615,100 shares during the last quarter. Finally, Reinhart Partners LLC. grew its stake in Insperity by 24.6% during the fourth quarter. Reinhart Partners LLC. now owns 2,745,035 shares of the business services provider’s stock valued at $106,288,000 after acquiring an additional 542,709 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.
Insider Activity at Insperity
In other Insperity news, CEO Paul J. Sarvadi purchased 233,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was purchased at an average price of $34.05 per share, with a total value of $7,933,650.00. Following the acquisition, the chief executive officer owned 1,105,912 shares in the company, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 5.77% of the company’s stock.
Insperity Trading Down 0.1%
Insperity (NYSE:NSP – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Insperity’s revenue 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. Sell-side analysts expect that Insperity, Inc. will post 1.07 earnings per share for the current fiscal year.
Insperity Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, September 2nd. Insperity’s dividend payout ratio is currently -558.14%.
Analyst Ratings Changes
NSP has been the topic of several research analyst reports. Weiss Ratings upgraded shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. Roth Capital set a $61.00 price objective on Insperity in a research report on Friday, July 31st. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. decreased their target price on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. Finally, Robert W. Baird set a $56.00 price target on Insperity in a research note on Friday, July 31st. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Insperity has a consensus rating of “Reduce” and an average target price of $53.33.
View Our Latest Analysis on Insperity
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.
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