Insperity, Inc. (NYSE:NSP) Director John M. Morphy Sells 3,300 Shares

Insperity, Inc. (NYSE:NSP) Director John M. Morphy sold 3,300 shares of the stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total value of $337,986.00. Following the transaction, the director now directly owns 7,633 shares in the company, valued at approximately $781,771.86. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Insperity Stock Performance

Insperity stock opened at $100.18 on Friday. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 24.49, a price-to-earnings-growth ratio of 3.09 and a beta of 1.16. Insperity, Inc. has a 12 month low of $90.80 and a 12 month high of $128.91. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.15. The stock’s 50-day moving average is $105.21 and its 200-day moving average is $108.28.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, beating the consensus estimate of $1.84 by $0.24. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Equities analysts anticipate that Insperity, Inc. will post 2.23 earnings per share for the current year.

Insperity Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.40%. This is a boost from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Friday, June 7th. Insperity’s dividend payout ratio is 55.75%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NSP shares. William Blair reiterated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Robert W. Baird raised their target price on shares of Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research report on Friday, May 17th. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Finally, TheStreet lowered shares of Insperity from a “b” rating to a “c+” rating in a report on Monday, February 12th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $109.50.

Institutional Trading of Insperity

Large investors have recently added to or reduced their stakes in the stock. LRI Investments LLC purchased a new stake in shares of Insperity in the first quarter worth about $214,000. Grandeur Peak Global Advisors LLC boosted its holdings in Insperity by 0.3% in the 1st quarter. Grandeur Peak Global Advisors LLC now owns 43,984 shares of the business services provider’s stock worth $4,821,000 after acquiring an additional 146 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Insperity by 5.6% in the first quarter. Jacobs Levy Equity Management Inc. now owns 412,091 shares of the business services provider’s stock valued at $45,169,000 after acquiring an additional 21,887 shares in the last quarter. Earnest Partners LLC raised its stake in shares of Insperity by 4.9% during the first quarter. Earnest Partners LLC now owns 1,291,138 shares of the business services provider’s stock valued at $141,522,000 after purchasing an additional 60,852 shares during the period. Finally, Mount Yale Investment Advisors LLC acquired a new position in shares of Insperity during the first quarter worth $201,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.