State of Wyoming Invests $429,000 in Insperity, Inc. $NSP

State of Wyoming bought a new stake in Insperity, Inc. (NYSE:NSPFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,387 shares of the business services provider’s stock, valued at approximately $429,000.

Several other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its position in 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 buying an additional 182 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Insperity by 75.9% in the third 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. Farther Finance Advisors LLC raised its holdings in shares of Insperity by 871.6% in the fourth quarter. Farther Finance Advisors LLC now owns 991 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 889 shares during the last quarter. Allworth Financial LP lifted its position in shares of Insperity by 845.3% during the fourth quarter. Allworth Financial LP now owns 1,106 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 989 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Insperity by 48.1% during the first quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 422 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Wall Street Analysts Forecast Growth

NSP has been the topic of a number of research analyst reports. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. dropped their price target on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, May 1st. Truist Financial set a $52.00 price target on Insperity and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Robert W. Baird set a $56.00 price objective on Insperity in a research report on Friday, July 31st. Finally, Roth Capital set a $61.00 price objective on Insperity in a research note on Friday, July 31st. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Insperity has an average rating of “Reduce” and an average price target of $53.33.

Read Our Latest Analysis on Insperity

Insider Buying and Selling

In other Insperity news, CEO Paul J. Sarvadi bought 233,000 shares of the business’s 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 completion of the transaction, the chief executive officer directly owned 1,105,912 shares of the company’s stock, 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 filing with the SEC, which is accessible through this hyperlink. 5.77% of the stock is currently owned by company insiders.

Insperity Stock Performance

NYSE:NSP opened at $50.26 on Tuesday. The company has a market capitalization of $1.92 billion, a P/E ratio of -116.88 and a beta of 0.52. The business has a fifty day simple moving average of $45.62 and a two-hundred day simple moving average of $35.05. The company has a debt-to-equity ratio of 6.87, a current ratio of 1.11 and a quick ratio of 1.11. Insperity, Inc. has a 1 year low of $18.57 and a 1 year high of $57.22.

Insperity (NYSE:NSPGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Insperity had a negative return on equity of 19.99% and a negative net margin of 0.23%.The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the prior year, the firm earned $0.26 EPS. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. On average, analysts expect that Insperity, Inc. will post 1.07 earnings per share for the current year.

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

Want to see what other hedge funds are holding NSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insperity, Inc. (NYSE:NSPFree Report).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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