Logan Capital Management Inc. Reduces Stock Holdings in Insperity, Inc. $NSP

Logan Capital Management Inc. lowered its stake in shares of Insperity, Inc. (NYSE:NSP) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,570 shares of the business services provider’s stock after selling 2,501 shares during the period. Logan Capital Management Inc. owned 0.17% of Insperity worth $3,762,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NSP. Reinhart Partners LLC. lifted its position in shares of Insperity by 20.4% during the second quarter. Reinhart Partners LLC. now owns 1,786,953 shares of the business services provider’s stock worth $107,432,000 after acquiring an additional 302,893 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Insperity by 533.8% in the first quarter. Millennium Management LLC now owns 323,875 shares of the business services provider’s stock worth $28,899,000 after purchasing an additional 272,778 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of Insperity by 40.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 703,011 shares of the business services provider’s stock worth $62,730,000 after purchasing an additional 200,685 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Insperity by 54.2% in the first quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock worth $45,845,000 after purchasing an additional 180,563 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of Insperity by 85.6% in the first quarter. AQR Capital Management LLC now owns 308,017 shares of the business services provider’s stock worth $27,078,000 after purchasing an additional 142,043 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Stock Up 0.5%

NSP opened at $45.76 on Wednesday. The stock has a market cap of $1.72 billion, a PE ratio of 43.17 and a beta of 0.46. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.29. Insperity, Inc. has a 52 week low of $44.14 and a 52 week high of $95.98. The business’s fifty day simple moving average is $50.59 and its 200 day simple moving average is $58.91.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the business posted $0.86 earnings per share. The firm’s quarterly revenue 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. As a group, research analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Thursday, September 4th. Insperity’s dividend payout ratio (DPR) is 226.42%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NSP shares. Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insperity in a report on Wednesday, October 8th. Truist Financial decreased their price target on shares of Insperity from $70.00 to $50.00 and set a “hold” rating on the stock in a report on Monday, August 4th. JPMorgan Chase & Co. decreased their price target on shares of Insperity from $68.00 to $51.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. Finally, Roth Capital reduced their target price on Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Insperity currently has an average rating of “Reduce” and a consensus price target of $58.33.

Insider Activity

In related news, Director Carol R. Kaufman acquired 5,000 shares of Insperity stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of $45.24 per share, with a total value of $226,200.00. Following the completion of the purchase, the director owned 47,067 shares of the company’s stock, valued at $2,129,311.08. This represents a 11.89% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James D. Allison acquired 4,000 shares of Insperity stock in a transaction dated Monday, August 4th. The shares were bought at an average cost of $46.82 per share, for a total transaction of $187,280.00. Following the completion of the purchase, the executive vice president directly owned 64,517 shares of the company’s stock, valued at approximately $3,020,685.94. The trade was a 6.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 20,194 shares of company stock valued at $925,981. Company insiders own 5.50% of the company’s stock.

Insperity Company 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.