Cetera Investment Advisers Acquires Shares of 3,063 Insperity, Inc. $NSP

Cetera Investment Advisers bought a new position in shares of Insperity, Inc. (NYSE:NSP) during the first quarter, according to its most recent filing with the SEC. The fund bought 3,063 shares of the business services provider’s stock, valued at approximately $273,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA increased its holdings in Insperity by 279.1% during the first quarter. Private Trust Co. NA now owns 326 shares of the business services provider’s stock worth $29,000 after buying an additional 240 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Insperity in the first quarter valued at about $42,000. First Horizon Advisors Inc. grew its position in shares of Insperity by 56.0% during 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. UMB Bank n.a. increased its stake in shares of Insperity by 37.6% during the 1st quarter. UMB Bank n.a. now owns 1,168 shares of the business services provider’s stock worth $104,000 after purchasing an additional 319 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Insperity by 1,095.0% during the 1st quarter. CWM LLC now owns 1,446 shares of the business services provider’s stock worth $129,000 after purchasing an additional 1,325 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP James D. Allison purchased 4,000 shares of the business’s stock in a transaction on Monday, August 4th. The stock was acquired at an average price of $46.82 per share, with a total value of $187,280.00. Following the purchase, the executive vice president directly owned 64,517 shares in the company, valued at approximately $3,020,685.94. This represents a 6.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Carol R. Kaufman purchased 5,000 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was bought at an average cost of $45.24 per share, for a total transaction of $226,200.00. Following the acquisition, the director directly owned 47,067 shares in the company, valued at approximately $2,129,311.08. The trade was a 11.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 20,194 shares of company stock valued at $925,981 in the last 90 days. 5.29% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on NSP shares. Roth Capital dropped their price objective on Insperity from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Monday, August 4th. Wall Street Zen cut Insperity from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. decreased their price objective on Insperity from $68.00 to $51.00 and set an “underweight” rating for the company in a report on Monday, August 4th. Finally, Truist Financial lowered their price objective on Insperity from $70.00 to $50.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $58.33.

Insperity Stock Down 1.4%

NSP opened at $54.3070 on Thursday. The firm has a market capitalization of $2.05 billion, a P/E ratio of 51.23 and a beta of 0.47. Insperity, Inc. has a one year low of $44.14 and a one year high of $95.98. The company has a fifty day moving average price of $57.42 and a 200-day moving average price of $71.10. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Friday, August 1st. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a net margin of 0.60% and a return on equity of 35.32%. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the business posted $0.86 EPS. Insperity’s quarterly revenue was up 3.3% on a year-over-year basis. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. Equities research analysts expect that Insperity, Inc. will post 2.33 earnings per share for the current fiscal year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.4%. Insperity’s payout ratio is 226.42%.

About Insperity

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.