Insperity President Sells $223,473 in Stock (NSP)
Insperity (NYSE:NSP) President Richard Rawson sold 6,295 shares of Insperity stock on the open market in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $35.50, for a total value of $223,472.50. Following the completion of the transaction, the president now directly owns 152,348 shares in the company. The sale was disclosed in a legal filing 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.
Insperity (NYSE:NSP) traded up 0.51% on Monday, hitting $35.72. The stock had a trading volume of 49,731 shares. Insperity has a 52-week low of $24.88 and a 52-week 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 released its earnings data on Thursday, August 1st. The company reported $0.14 earnings per share (EPS) for the quarter, missing the 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. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, analysts predict that Insperity will post $1.57 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 27th. Shareholders 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.