Trinity Legacy Partners LLC grew its position in Insperity, Inc. (NYSE:NSP – Free Report) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,076 shares of the business services provider’s stock after acquiring an additional 2,678 shares during the period. Insperity comprises about 2.8% of Trinity Legacy Partners LLC’s portfolio, making the stock its 7th largest holding. Trinity Legacy Partners LLC owned 0.53% of Insperity worth $11,435,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of NSP. Private Trust Co. NA grew its position in shares of Insperity by 279.1% in the 1st quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 240 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Insperity in the 1st quarter valued at about $33,000. DekaBank Deutsche Girozentrale bought a new position in shares of Insperity in the 1st quarter valued at about $42,000. First Horizon Advisors Inc. grew its position in shares of Insperity by 56.0% in the 1st quarter. First Horizon Advisors Inc. now owns 705 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 253 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of Insperity by 32.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 182 shares during the period. Institutional investors own 93.44% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a research note on Monday, August 4th. Wall Street Zen upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Roth Capital cut their target price on shares of Insperity from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Monday, August 4th. Finally, Truist Financial cut their target price on shares of Insperity from $70.00 to $50.00 and set a “hold” rating for the company in a research note on Monday, August 4th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Insperity presently has an average rating of “Hold” and a consensus target price of $58.33.
Insperity Price Performance
Shares of Insperity stock opened at $48.97 on Friday. Insperity, Inc. has a twelve month low of $44.14 and a twelve month high of $95.98. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. The company has a 50-day simple moving average of $52.96 and a two-hundred day simple moving average of $64.17. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 46.20 and a beta of 0.46.
Insperity (NYSE:NSP – Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the firm earned $0.86 EPS. Insperity’s revenue for the quarter was up 3.3% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. Analysts forecast that Insperity, Inc. will post 2.33 EPS for the current year.
Insperity Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were paid a $0.60 dividend. The ex-dividend date was Thursday, September 4th. This represents a $2.40 annualized dividend and a yield of 4.9%. Insperity’s payout ratio is 226.42%.
Insiders Place Their Bets
In other Insperity news, EVP James D. Allison acquired 4,000 shares of the company’s stock in a transaction on Monday, August 4th. The stock was acquired at an average price of $46.82 per share, for a total transaction of $187,280.00. Following the purchase, the executive vice president directly owned 64,517 shares of the company’s stock, valued at $3,020,685.94. This trade represents a 6.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Paul J. Sarvadi sold 10,850 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $51.98, for a total transaction of $563,983.00. Following the completion of the transaction, the chief executive officer owned 428,001 shares of the company’s stock, valued at $22,247,491.98. The trade was a 2.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 20,194 shares of company stock worth $925,981. 5.29% of the stock is currently owned by insiders.
Insperity Profile
Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.
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