Insperity Inc (NYSE:NSP) SVP Daniel D. Herink sold 2,354 shares of the company’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $130.13, for a total transaction of $306,326.02. Following the sale, the senior vice president now owns 44,576 shares of the company’s stock, valued at approximately $5,800,674.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of Insperity stock traded up $0.20 during trading hours on Thursday, reaching $128.23. 35,352 shares of the company’s stock were exchanged, compared to its average volume of 406,357. Insperity Inc has a fifty-two week low of $64.25 and a fifty-two week high of $132.50. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 38.05, a P/E/G ratio of 1.76 and a beta of 0.94.
Insperity (NYSE:NSP) last issued its earnings results on Monday, February 11th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.04. The company had revenue of $966.80 million for the quarter, compared to analysts’ expectations of $959.22 million. Insperity had a net margin of 3.52% and a return on equity of 126.19%. Insperity’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. As a group, sell-side analysts expect that Insperity Inc will post 4.1 earnings per share for the current year.
Several analysts have commented on the stock. Roth Capital upped their target price on shares of Insperity from $134.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday. SunTrust Banks boosted their price target on shares of Insperity to $129.00 and gave the company a “hold” rating in a report on Tuesday, February 12th. Zacks Investment Research lowered shares of Insperity from a “buy” rating to a “hold” rating in a research note on Wednesday, February 6th. ValuEngine raised shares of Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. Finally, Robert W. Baird upped their target price on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, November 2nd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Insperity has a consensus rating of “Buy” and a consensus price target of $123.80.
Several hedge funds have recently modified their holdings of NSP. FMR LLC raised its holdings in shares of Insperity by 118.6% in the 2nd quarter. FMR LLC now owns 991,464 shares of the business services provider’s stock valued at $94,437,000 after purchasing an additional 537,846 shares during the period. United Services Automobile Association raised its holdings in Insperity by 25.2% in the 2nd quarter. United Services Automobile Association now owns 7,990 shares of the business services provider’s stock valued at $761,000 after acquiring an additional 1,606 shares during the period. BB&T Corp bought a new position in Insperity in the 3rd quarter valued at about $500,000. Aperio Group LLC raised its holdings in Insperity by 10.8% in the 3rd quarter. Aperio Group LLC now owns 11,699 shares of the business services provider’s stock valued at $1,380,000 after acquiring an additional 1,142 shares during the period. Finally, First Trust Advisors LP raised its holdings in Insperity by 2.6% in the 3rd quarter. First Trust Advisors LP now owns 58,138 shares of the business services provider’s stock valued at $6,857,000 after acquiring an additional 1,491 shares during the period. 83.50% of the stock is currently owned by institutional investors.
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Insperity Company Profile
Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.
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