Insider Selling: Insperity, Inc. (NSP) EVP Sells 5,000 Shares of Stock

Insperity, Inc. (NYSE:NSP) EVP Arthur A. Arizpe sold 5,000 shares of Insperity stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $117.01, for a total transaction of $585,050.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Insperity, Inc. (NSP) traded up $0.95 during trading hours on Thursday, reaching $117.90. 163,476 shares of the company were exchanged, compared to its average volume of 141,836. The company has a market capitalization of $2,437.57, a P/E ratio of 31.27, a price-to-earnings-growth ratio of 1.61 and a beta of 0.82. Insperity, Inc. has a 52 week low of $69.20 and a 52 week high of $118.50. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.02.

Insperity’s stock is scheduled to split before the market opens on Monday, December 18th. The 2-1 split was announced on Thursday, November 16th. The newly issued shares will be distributed to shareholders after the closing bell on Friday, December 15th.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.16. The company had revenue of $795.50 million during the quarter, compared to the consensus estimate of $786.44 million. Insperity had a net margin of 2.43% and a return on equity of 94.38%. Insperity’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.78 earnings per share. equities analysts anticipate that Insperity, Inc. will post 4.03 earnings per share for the current fiscal year.

The firm also recently disclosed a dividend, which will be paid on Monday, December 18th. Investors of record on Monday, December 4th will be paid a $0.30 dividend. The ex-dividend date is Friday, December 1st. Insperity’s dividend payout ratio (DPR) is 32.35%.

Insperity declared that its Board of Directors has approved a share repurchase program on Thursday, November 16th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the business services provider to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Several research firms have recently weighed in on NSP. Robert W. Baird reaffirmed a “buy” rating and set a $112.00 price target on shares of Insperity in a research note on Friday, November 10th. SunTrust Banks reaffirmed a “hold” rating and set a $110.00 price target on shares of Insperity in a research note on Friday, November 3rd. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Insperity from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, BidaskClub raised shares of Insperity from a “sell” rating to a “hold” rating in a research note on Sunday, August 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $101.20.

Large investors have recently modified their holdings of the stock. Shaker Investments LLC OH bought a new position in Insperity in the third quarter worth approximately $238,000. New York State Common Retirement Fund raised its stake in Insperity by 17.5% in the second quarter. New York State Common Retirement Fund now owns 31,942 shares of the business services provider’s stock worth $2,268,000 after buying an additional 4,761 shares in the last quarter. New Amsterdam Partners LLC NY bought a new position in Insperity in the third quarter worth approximately $3,858,000. Marshall Wace North America L.P. acquired a new position in shares of Insperity during the second quarter worth $2,782,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Insperity by 16.1% during the second quarter. Janney Montgomery Scott LLC now owns 6,243 shares of the business services provider’s stock worth $443,000 after purchasing an additional 866 shares in the last quarter. 80.41% of the stock is owned by institutional investors.

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Insperity Company Profile

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Insider Buying and Selling by Quarter for Insperity (NYSE:NSP)

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