Insperity Director Paul Lattanzio Sells 15,000 Shares (NSP)
Insperity (NYSE:NSP) Director Paul Lattanzio sold 15,000 shares of Insperity stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $35.31, for a total value of $529,650.00. Following the transaction, the director now directly owns 47,047 shares in the company. The sale was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Roth Capital raised their price target on shares of Insperity (NYSE:NSP) from $33.00 to $43.00 in a research note to investors on Tuesday, August 6th. They now have a “buy” rating on the stock. Analysts at SunTrust raised their price target on shares of Insperity (NYSE:NSP) from $30.00 to $33.00 in a research note to investors on Friday, August 2nd.
Shares of Insperity (NYSE:NSP) traded up 0.51% during mid-day trading on Monday, hitting $35.72. 49,731 shares of the company’s stock traded hands. Insperity has a 1-year low of $24.88 and a 1-year high of $35.98. The stock has a 50-day moving average of $33.44 and a 200-day moving average of $30.59. The company has a market cap of $914.8 million and a price-to-earnings ratio of 24.33.
Insperity (NYSE:NSP) last announced its earnings results on Thursday, August 1st. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.07. The company had revenue of $547.27 million for the quarter, compared to the consensus estimate of $546.90 million. Insperity’s revenue was up 5.4% compared to the same quarter last year. Analysts expect that Insperity will post $1.57 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 27th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Wednesday, September 4th.
Insperity, Inc, formerly Administaff, Inc, is a provider of human resources (NYSE:NSP) and business performance solutions.
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