Insperity, Inc. (NYSE:NSP) President Richard G. Rawson sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $105.22, for a total transaction of $1,052,200.00. Following the completion of the sale, the president now directly owns 97,410 shares of the company’s stock, valued at $10,249,480.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Insperity, Inc. (NYSE:NSP) opened at $107.35 on Wednesday. Insperity, Inc. has a 12-month low of $69.20 and a 12-month high of $108.45. The stock has a market cap of $2,251.03, a PE ratio of 28.88, a P/E/G ratio of 1.52 and a beta of 0.82. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.16.
Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $786.44 million. During the same period last year, the company posted $0.78 EPS. Insperity’s revenue was up 13.2% on a year-over-year basis. equities analysts anticipate that Insperity, Inc. will post 3.94 earnings per share for the current year.
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Several equities research analysts have recently commented on the stock. BidaskClub cut shares of Insperity from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Zacks Investment Research cut shares of Insperity from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $110.00 target price on shares of Insperity in a research report on Friday, November 3rd. They noted that the move was a valuation call. Robert W. Baird reaffirmed a “buy” rating and issued a $112.00 target price on shares of Insperity in a research report on Friday, November 10th. Finally, Roth Capital raised shares of Insperity from a “neutral” rating to a “buy” rating and lifted their price target for the company from $84.00 to $92.00 in a research report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Insperity currently has an average rating of “Hold” and an average price target of $101.20.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. raised 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 buying an additional 217 shares during the last quarter. Ameritas Investment Partners Inc. raised 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 buying an additional 252 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock worth $134,000 after buying an additional 707 shares during the last quarter. Profund Advisors LLC raised 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 buying an additional 465 shares during the last quarter. Finally, Amalgamated Bank purchased a new position in Insperity in the third quarter worth about $220,000. 81.59% of the stock is owned by institutional investors.
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).
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