Assenagon Asset Management S.A. Makes New $506,000 Investment in Insperity, Inc. $NSP

Assenagon Asset Management S.A. acquired a new stake in Insperity, Inc. (NYSE:NSPFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 18,711 shares of the business services provider’s stock, valued at approximately $506,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in Insperity by 32.2% in the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 182 shares during the period. NorthCrest Asset Manangement LLC raised its stake in Insperity by 4.2% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 8,911 shares of the business services provider’s stock worth $377,000 after purchasing an additional 363 shares during the period. Assetmark Inc. boosted its holdings in shares of Insperity by 15.7% in the 4th quarter. Assetmark Inc. now owns 2,852 shares of the business services provider’s stock valued at $110,000 after purchasing an additional 387 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Insperity by 75.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 416 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in shares of Insperity by 7.7% during the 3rd quarter. Lazard Asset Management LLC now owns 6,029 shares of the business services provider’s stock valued at $297,000 after buying an additional 431 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi acquired 233,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the purchase, the chief executive officer directly owned 1,105,912 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.77% of the company’s stock.

Insperity Stock Up 0.2%

Shares of NYSE:NSP opened at $45.48 on Friday. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of -67.88 and a beta of 0.55. The company has a 50 day moving average of $35.03 and a two-hundred day moving average of $33.45. Insperity, Inc. has a 52-week low of $18.57 and a 52-week high of $62.53. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 5.51.

Insperity (NYSE:NSPGet Free Report) last announced its earnings results on Thursday, April 30th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the firm earned $1.57 earnings per share. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. As a group, analysts forecast that Insperity, Inc. will post 0.99 earnings per share for the current fiscal year.

Insperity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $2.40 dividend on an annualized basis and a yield of 5.3%. Insperity’s dividend payout ratio is currently -358.21%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research downgraded Insperity from a “hold” rating to a “strong sell” rating in a report on Tuesday. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a report on Wednesday, June 24th. JPMorgan Chase & Co. lowered their price target on Insperity from $35.00 to $33.00 and set an “underweight” rating for the company in a research report on Friday, May 1st. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Roth Mkm set a $54.00 price objective on Insperity in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Insperity currently has a consensus rating of “Reduce” and a consensus target price of $46.00.

Read Our Latest 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.

See Also

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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