Prana Capital Management LP lifted its holdings in shares of Insperity, Inc. (NYSE:NSP – Free Report) by 60.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 93,260 shares of the business services provider’s stock after acquiring an additional 35,070 shares during the quarter. Prana Capital Management LP’s holdings in Insperity were worth $4,588,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. LRI Investments LLC boosted its holdings in Insperity by 134.0% in the third quarter. LRI Investments LLC now owns 606 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 347 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Insperity by 32.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock worth $67,000 after purchasing an additional 182 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Insperity in the 3rd quarter valued at approximately $41,000. Caitong International Asset Management Co. Ltd raised its position in shares of Insperity by 75.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 416 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Insperity during the 3rd quarter valued at approximately $58,000. Institutional investors and hedge funds own 93.44% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on NSP shares. The Goldman Sachs Group set a $62.00 price target on shares of Insperity in a research report on Monday, January 5th. Zacks Research cut shares of Insperity from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. UBS Group set a $56.00 price objective on shares of Insperity in a report on Wednesday, February 11th. Roth Mkm set a $62.00 target price on shares of Insperity in a research note on Monday, January 5th. Finally, Robert W. Baird set a $36.00 price target on Insperity in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Insperity has an average rating of “Reduce” and an average price target of $47.50.
Insider Buying and Selling
In related news, EVP James D. Allison bought 10,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was bought at an average cost of $20.45 per share, with a total value of $204,500.00. Following the completion of the acquisition, the executive vice president owned 94,272 shares of the company’s stock, valued at $1,927,862.40. This trade represents a 11.87% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 12,450 shares of company stock valued at $252,480 in the last three months. Insiders own 5.50% of the company’s stock.
Insperity Stock Up 8.0%
Shares of NYSE:NSP opened at $23.47 on Wednesday. The stock has a market capitalization of $885.41 million, a price-to-earnings ratio of -117.34 and a beta of 0.53. Insperity, Inc. has a 1-year low of $18.57 and a 1-year high of $91.12. The company’s fifty day moving average is $33.08 and its two-hundred day moving average is $39.38. The company has a debt-to-equity ratio of 8.02, a quick ratio of 1.06 and a current ratio of 1.06.
Insperity (NYSE:NSP – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.13). Insperity had a negative return on equity of 12.09% and a negative net margin of 0.10%.The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the previous year, the business posted $0.05 earnings per share. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Insperity has set its Q1 2026 guidance at 1.030-1.500 EPS and its FY 2026 guidance at 1.690-2.720 EPS. Equities analysts anticipate that Insperity, Inc. will post 2.33 EPS for the current year.
Insperity Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Friday, March 6th. Insperity’s payout ratio is presently -1,200.00%.
About Insperity
Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.
The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.
See Also
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