Insperity Inc (NYSE:NSP) SVP Daniel D. Herink sold 5,000 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $129.34, for a total value of $646,700.00. Following the transaction, the senior vice president now owns 28,680 shares of the company’s stock, valued at $3,709,471.20. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
NYSE:NSP opened at $126.27 on Friday. Insperity Inc has a 1 year low of $64.30 and a 1 year high of $132.50. The firm has a market capitalization of $5.34 billion, a PE ratio of 37.47, a price-to-earnings-growth ratio of 1.77 and a beta of 0.94. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.86.
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Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, February 11th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.04. Insperity had a return on equity of 126.19% and a net margin of 3.52%. The company had revenue of $966.80 million during the quarter, compared to analysts’ expectations of $959.22 million. During the same quarter in the prior year, the business posted $0.55 earnings per share. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, sell-side analysts predict that Insperity Inc will post 4.1 earnings per share for the current year.
Several large investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Insperity by 10.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,460 shares of the business services provider’s stock worth $230,000 after purchasing an additional 238 shares in the last quarter. Brasada Capital Management LP bought a new position in shares of Insperity in the fourth quarter worth $29,000. Ffcm LLC bought a new position in shares of Insperity in the fourth quarter worth $34,000. Chesapeake Wealth Management grew its stake in shares of Insperity by 8.3% in the fourth quarter. Chesapeake Wealth Management now owns 5,296 shares of the business services provider’s stock worth $494,000 after purchasing an additional 406 shares in the last quarter. Finally, Globeflex Capital L P grew its stake in shares of Insperity by 0.8% in the fourth quarter. Globeflex Capital L P now owns 54,064 shares of the business services provider’s stock worth $5,047,000 after purchasing an additional 414 shares in the last quarter. 83.50% of the stock is owned by institutional investors.
NSP has been the subject of a number of recent research reports. Robert W. Baird upped their price objective on Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, November 2nd. Zacks Investment Research restated a “strong-buy” rating and set a $127.00 price objective on shares of Insperity in a research note on Wednesday, November 14th. ValuEngine upgraded Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. SunTrust Banks upped their price objective on Insperity to $129.00 and gave the stock a “hold” rating in a research note on Tuesday, February 12th. Finally, Roth Capital upped their price objective on Insperity from $134.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, February 19th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Insperity has an average rating of “Buy” and an average price target of $123.80.
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Insperity Company Profile
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 encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.
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