Insperity Inc (NYSE:NSP) CEO Paul J. Sarvadi Sells 3,471 Shares

Insperity Inc (NYSE:NSP) CEO Paul J. Sarvadi sold 3,471 shares of Insperity stock in a transaction that occurred on Friday, August 3rd. The stock was sold at an average price of $104.00, for a total value of $360,984.00. Following the completion of the transaction, the chief executive officer now directly owns 582,052 shares in the company, valued at $60,533,408. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Insperity stock traded up $1.15 on Friday, reaching $119.85. The company’s stock had a trading volume of 202,500 shares, compared to its average volume of 283,358. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $4.87 billion, a P/E ratio of 57.97, a P/E/G ratio of 2.04 and a beta of 0.80. Insperity Inc has a twelve month low of $39.25 and a twelve month high of $120.20.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Wednesday, August 1st. The business services provider reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The company had revenue of $922.30 million for the quarter, compared to analyst estimates of $900.20 million. Insperity had a return on equity of 122.44% and a net margin of 3.06%. The business’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.82 earnings per share. equities research analysts predict that Insperity Inc will post 3.17 earnings per share for the current year.

NSP has been the topic of several recent research reports. Zacks Investment Research lowered Insperity from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Roth Capital boosted their price target on Insperity from $88.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, August 1st. Robert W. Baird boosted their price target on Insperity from $69.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, May 14th. First Analysis reaffirmed an “equal weight” rating on shares of Insperity in a research note on Thursday, August 2nd. Finally, ValuEngine raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 17th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $104.80.

Several hedge funds have recently added to or reduced their stakes in NSP. BlackRock Inc. raised its position in shares of Insperity by 14.1% during the second quarter. BlackRock Inc. now owns 6,139,453 shares of the business services provider’s stock worth $584,781,000 after acquiring an additional 757,054 shares during the last quarter. FMR LLC raised its position in shares of Insperity by 118.6% during the second quarter. FMR LLC now owns 991,464 shares of the business services provider’s stock worth $94,437,000 after acquiring an additional 537,846 shares during the last quarter. Dana Investment Advisors Inc. bought a new stake in shares of Insperity during the second quarter worth $18,733,000. Acadian Asset Management LLC raised its position in shares of Insperity by 69.6% during the second quarter. Acadian Asset Management LLC now owns 318,222 shares of the business services provider’s stock worth $30,310,000 after acquiring an additional 130,608 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Insperity by 307.9% during the second quarter. Robeco Institutional Asset Management B.V. now owns 152,680 shares of the business services provider’s stock worth $14,543,000 after acquiring an additional 115,246 shares during the last quarter. Institutional investors own 82.48% of the company’s stock.

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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