Man Group plc Invests $3.70 Million in Insperity, Inc. $NSP

Man Group plc acquired a new stake in Insperity, Inc. (NYSE:NSPFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 89,478 shares of the business services provider’s stock, valued at approximately $3,696,000. Man Group plc owned 0.23% of Insperity as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. bought a new position in Insperity in the second quarter valued at approximately $229,243,000. Vanguard Group Inc. raised its holdings 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 acquiring an additional 274,198 shares during the period. Reinhart Partners LLC. raised its holdings 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 acquiring an additional 356,365 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Insperity by 7.1% in the 4th 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 acquiring an additional 106,079 shares in the last quarter. Finally, Earnest Partners LLC boosted its stake in Insperity by 13.1% in the 4th quarter. Earnest Partners LLC now owns 1,582,949 shares of the business services provider’s stock worth $61,292,000 after purchasing an additional 182,863 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Insperity Stock Down 0.2%

Insperity stock opened at $53.43 on Monday. 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, Inc. has a 1-year low of $18.57 and a 1-year high of $57.22. The company has a fifty day simple moving average of $48.45 and a 200 day simple moving average of $35.80. The company has a market cap of $2.04 billion, a P/E ratio of -124.26 and a beta of 0.52.

Insperity (NYSE:NSPGet Free Report) last issued its quarterly 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. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 EPS. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. Research analysts anticipate that Insperity, Inc. will post 1.07 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 2nd will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, September 2nd. Insperity’s dividend payout ratio (DPR) is currently -558.14%.

Analyst Ratings Changes

NSP has been the topic of several recent research reports. Roth Capital set a $61.00 price target on Insperity in a research note on Friday, July 31st. Truist Financial set a $52.00 price objective on Insperity and gave the stock a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Insperity from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 15th. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Robert W. Baird set a $56.00 target price 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $53.33.

Get Our Latest Stock Analysis on Insperity

Insperity Company Profile

(Free Report)

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.

Further Reading

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:NSPFree Report).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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.