56,700 Shares in Insperity, Inc. $NSP Acquired by Formula Growth Ltd.

Formula Growth Ltd. purchased a new stake in Insperity, Inc. (NYSE:NSP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,700 shares of the business services provider’s stock, valued at approximately $2,342,000.

Several other hedge funds have also added to or reduced their stakes in NSP. Public Employees Retirement System of Ohio bought a new position in Insperity during the second quarter worth $65,000. Corient Private Wealth LP acquired a new position in shares of Insperity in the second quarter valued at $359,000. Bank of America Corp DE bought a new position in shares of Insperity in the second quarter valued at about $118,483,000. Man Group plc acquired a new stake in shares of Insperity during the 2nd quarter worth about $3,696,000. Finally, Jupiter Topco LLC acquired a new stake in shares of Insperity during the 2nd quarter worth about $673,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Insperity Trading Down 0.1%

Shares of Insperity stock opened at $51.85 on Friday. The firm has a 50-day moving average of $48.11 and a 200-day moving average of $35.69. The stock has a market cap of $1.98 billion, a PE ratio of -120.59 and a beta of 0.52. Insperity, Inc. has a 52-week low of $18.57 and a 52-week high of $57.22. The company has a debt-to-equity ratio of 6.87, a quick ratio of 1.11 and a current ratio of 1.11.

Insperity (NYSE:NSP) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the prior year, the company posted $0.26 earnings per share. Insperity’s revenue was up 1.7% compared to the same quarter last year. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. As a group, sell-side analysts forecast that Insperity, Inc. will post 1.07 EPS for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Wednesday, September 2nd. Insperity’s dividend payout ratio is presently -558.14%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NSP. Weiss Ratings upgraded shares of Insperity from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. Roth Capital set a $61.00 price objective on shares of Insperity in a research report on Friday, July 31st. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. lowered their target price on Insperity from $35.00 to $33.00 and set an “underweight” rating on the stock in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $53.33.

Insider Activity

In other Insperity news, CEO Paul J. Sarvadi bought 233,000 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were bought at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the completion of the acquisition, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at $37,656,303.60. This trade represents a 26.69% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 5.77% of the stock is currently owned by insiders.

Insperity Company Profile

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.