Analysts Set Insperity, Inc. (NYSE:NSP) Target Price at $95.67

Shares of Insperity, Inc. (NYSE:NSP) have received a consensus rating of “Reduce” from the four analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $95.67.

Several equities research analysts have recently issued reports on the stock. Truist Financial decreased their price target on shares of Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research note on Friday, November 1st. JPMorgan Chase & Co. started coverage on shares of Insperity in a research note on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 price objective for the company. Finally, StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the sale, the chief operating officer now directly owns 72,551 shares of the company’s stock, valued at $6,143,618.68. The trade was a 7.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the sale, the chief executive officer now directly owns 436,584 shares of the company’s stock, valued at $36,812,762.88. This represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.50% of the company’s stock.

Hedge Funds Weigh In On Insperity

A number of hedge funds have recently modified their holdings of NSP. Inspire Investing LLC increased its position in shares of Insperity by 19.7% in the third quarter. Inspire Investing LLC now owns 4,660 shares of the business services provider’s stock valued at $410,000 after acquiring an additional 768 shares during the period. Creative Planning increased its stake in shares of Insperity by 14.6% during the third quarter. Creative Planning now owns 4,104 shares of the business services provider’s stock valued at $361,000 after purchasing an additional 522 shares in the last quarter. nVerses Capital LLC increased its stake in shares of Insperity by 285.7% during the third quarter. nVerses Capital LLC now owns 2,700 shares of the business services provider’s stock valued at $238,000 after purchasing an additional 2,000 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Insperity by 10.8% during the third quarter. Blue Trust Inc. now owns 3,413 shares of the business services provider’s stock valued at $311,000 after purchasing an additional 333 shares in the last quarter. Finally, Vest Financial LLC increased its stake in shares of Insperity by 40.3% during the third quarter. Vest Financial LLC now owns 16,298 shares of the business services provider’s stock valued at $1,434,000 after purchasing an additional 4,678 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Trading Up 1.5 %

Shares of NSP stock opened at $87.58 on Wednesday. The company has a 50 day moving average of $78.20 and a 200-day moving average of $83.59. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity has a 12-month low of $68.79 and a 12-month high of $110.72. The firm has a market cap of $3.26 billion, a P/E ratio of 27.80 and a beta of 1.13.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 10th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.74%. The ex-dividend date was Tuesday, December 10th. Insperity’s payout ratio is 99.59%.

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.