Insperity Inc (NSP) Shares Bought by BNP Paribas Arbitrage SA

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BNP Paribas Arbitrage SA increased its stake in Insperity Inc (NYSE:NSP) by 258.0% in the 1st quarter, Holdings Channel reports. The firm owned 8,065 shares of the business services provider’s stock after acquiring an additional 5,812 shares during the period. BNP Paribas Arbitrage SA’s holdings in Insperity were worth $997,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC increased its position in Insperity by 20.0% in the 3rd quarter. LPL Financial LLC now owns 3,060 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 510 shares during the period. Morgan Stanley increased its position in Insperity by 186.0% in the 3rd quarter. Morgan Stanley now owns 335,346 shares of the business services provider’s stock valued at $39,554,000 after acquiring an additional 218,091 shares during the period. Federated Investors Inc. PA increased its position in Insperity by 25.4% in the 3rd quarter. Federated Investors Inc. PA now owns 122,727 shares of the business services provider’s stock valued at $14,475,000 after acquiring an additional 24,858 shares during the period. Vanguard Group Inc increased its position in Insperity by 5.7% in the 3rd quarter. Vanguard Group Inc now owns 4,061,258 shares of the business services provider’s stock valued at $479,025,000 after acquiring an additional 220,365 shares during the period. Finally, Retirement Systems of Alabama acquired a new stake in Insperity in the 4th quarter valued at approximately $4,608,000. Hedge funds and other institutional investors own 82.34% of the company’s stock.

NYSE NSP opened at $116.38 on Friday. Insperity Inc has a fifty-two week low of $86.05 and a fifty-two week high of $132.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of 34.53, a P/E/G ratio of 1.61 and a beta of 1.04.

Insperity (NYSE:NSP) last posted its earnings results on Monday, April 29th. The business services provider reported $1.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.88 by $0.10. Insperity had a return on equity of 138.18% and a net margin of 4.06%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the company earned $1.41 earnings per share. The business’s revenue was up 13.7% compared to the same quarter last year. Analysts anticipate that Insperity Inc will post 4.19 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on NSP shares. Zacks Investment Research upgraded Insperity from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a research report on Thursday, May 2nd. Roth Capital raised their target price on Insperity from $134.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, February 19th. SunTrust Banks raised Insperity from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. Finally, ValuEngine raised Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, January 24th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Insperity currently has an average rating of “Buy” and an average target price of $126.40.

In other news, SVP James D. Allison sold 2,000 shares of Insperity stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the senior vice president now directly owns 26,087 shares in the company, valued at $3,260,875. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Daniel D. Herink sold 5,000 shares of Insperity stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $120.01, for a total value of $600,050.00. Following the completion of the transaction, the senior vice president now owns 25,873 shares in the company, valued at $3,105,018.73. The disclosure for this sale can be found here. Insiders sold 185,496 shares of company stock worth $23,102,742 over the last quarter. 9.58% of the stock is currently owned by corporate insiders.

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About Insperity

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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