Shares of Insperity Inc. (NYSE:NSP) dropped 4.2% on Thursday . The stock traded as low as $75.33 and last traded at $75.38, with a volume of 109,707 shares trading hands. The stock had previously closed at $78.70.

NSP has been the subject of several recent research reports. Zacks Investment Research lowered shares of Insperity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Roth Capital boosted their target price on shares of Insperity from $72.00 to $76.00 and gave the company a “buy” rating in a research note on Tuesday, May 3rd. Robert W. Baird reiterated a “buy” rating on shares of Insperity in a research note on Monday, May 2nd. Finally, First Analysis lowered shares of Insperity from an “overweight” rating to an “equal weight” rating and set a $84.00 target price for the company. in a research note on Thursday.

The stock has a market capitalization of $1.61 billion and a P/E ratio of 30.86. The stock’s 50-day moving average is $73.60 and its 200 day moving average is $56.07.

Insperity (NYSE:NSP) last announced its earnings results on Monday, May 2nd. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.28. The company had revenue of $802.40 million for the quarter, compared to the consensus estimate of $803.71 million. During the same period in the previous year, the company earned $0.86 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, analysts expect that Insperity Inc. will post $3.52 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Stockholders of record on Tuesday, June 7th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, June 3rd. This is a boost from Insperity’s previous quarterly dividend of $0.22. This represents a $1.00 annualized dividend and a dividend yield of 1.33%.

In other news, CFO Douglas S. Sharp sold 3,345 shares of the stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $66.54, for a total value of $222,576.30. Following the completion of the sale, the chief financial officer now directly owns 21,907 shares of the company’s stock, valued at $1,457,691.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter A. Feld sold 602,193 shares of the stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $70.28, for a total value of $42,322,124.04. Following the completion of the sale, the director now directly owns 2,910 shares of the company’s stock, valued at $204,514.80. The disclosure for this sale can be found here.

Several large investors have bought and sold shares of the stock. Marshall Wace LLP boosted its stake in Insperity by 1,608.2% in the fourth quarter. Marshall Wace LLP now owns 78,579 shares of the company’s stock valued at $3,784,000 after buying an additional 73,979 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Insperity by 63.9% in the fourth quarter. Principal Financial Group Inc. now owns 195,100 shares of the company’s stock valued at $9,394,000 after buying an additional 76,075 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in Insperity by 32.5% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 104,945 shares of the company’s stock valued at $5,053,000 after buying an additional 25,745 shares in the last quarter. Sawtooth Asset Management Inc. boosted its stake in Insperity by 18,113.2% in the fourth quarter. Sawtooth Asset Management Inc. now owns 20,763 shares of the company’s stock valued at $1,000,000 after buying an additional 20,649 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Insperity by 4.8% in the fourth quarter. Rhumbline Advisers now owns 35,282 shares of the company’s stock valued at $1,699,000 after buying an additional 1,615 shares in the last quarter.

Insperity, Inc (Insperity) provides an array of human resources (HR) and business performance solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development services.

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