Insperity, Inc. (NSP) Shares Bought by Chicago Equity Partners LLC

Chicago Equity Partners LLC increased its stake in Insperity, Inc. (NYSE:NSP) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,090 shares of the business services provider’s stock after purchasing an additional 790 shares during the quarter. Chicago Equity Partners LLC’s holdings in Insperity were worth $888,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in Insperity by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,445 shares of the business services provider’s stock worth $103,000 after purchasing an additional 217 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock worth $114,000 after purchasing an additional 252 shares during the period. LS Investment Advisors LLC lifted its holdings in Insperity by 29.3% in the third quarter. LS Investment Advisors LLC now owns 2,527 shares of the business services provider’s stock worth $222,000 after purchasing an additional 573 shares during the period. Shaker Investments LLC OH acquired a new stake in Insperity in the third quarter worth about $238,000. Finally, Profund Advisors LLC lifted its holdings in Insperity by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the business services provider’s stock worth $216,000 after purchasing an additional 465 shares during the period. 81.59% of the stock is owned by institutional investors and hedge funds.

In other Insperity news, EVP Arthur A. Arizpe sold 2,800 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $86.65, for a total value of $242,620.00. Following the completion of the sale, the executive vice president now directly owns 20,853 shares of the company’s stock, valued at approximately $1,806,912.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Daniel D. Herink sold 4,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $102.39, for a total transaction of $409,560.00. Following the completion of the sale, the senior vice president now directly owns 15,014 shares of the company’s stock, valued at $1,537,283.46. The disclosure for this sale can be found here. Over the last three months, insiders acquired 590,667 shares of company stock valued at $106,280 and sold 328,283 shares valued at $11,086,122. 27.47% of the stock is currently owned by corporate insiders.

NSP has been the subject of several research analyst reports. Robert W. Baird reaffirmed a “buy” rating and issued a $112.00 price objective on shares of Insperity in a report on Friday, November 10th. Roth Capital raised shares of Insperity from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $84.00 to $92.00 in a report on Tuesday, August 1st. Zacks Investment Research raised shares of Insperity from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a report on Monday, August 7th. BidaskClub raised shares of Insperity from a “sell” rating to a “hold” rating in a report on Sunday, August 6th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $110.00 price objective on shares of Insperity in a report on Friday, November 3rd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $101.20.

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Shares of Insperity, Inc. (NYSE:NSP) opened at $108.20 on Thursday. Insperity, Inc. has a 1-year low of $69.20 and a 1-year high of $108.80. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $2,237.48, a PE ratio of 28.70, a price-to-earnings-growth ratio of 1.47 and a beta of 0.82.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.16. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The company had revenue of $795.50 million during the quarter, compared to the consensus estimate of $786.44 million. During the same period in the prior year, the company earned $0.78 EPS. Insperity’s revenue was up 13.2% on a year-over-year basis. equities research analysts anticipate that Insperity, Inc. will post 4.07 earnings per share for the current fiscal year.

About Insperity

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).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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