Insperity Inc. (NYSE:NSP) shares were down 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 traded. The stock had previously closed at $78.70.

Several research analysts have weighed in on NSP shares. Zacks Investment Research cut Insperity from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird raised Insperity from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $50.00 to $59.00 in a research report on Friday, April 29th. First Analysis cut Insperity from an “overweight” rating to an “equal weight” rating and set a $84.00 price objective on the stock. in a research report on Thursday. Finally, Roth Capital boosted their price objective on Insperity from $72.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, May 3rd.

The company’s 50-day moving average price is $73.96 and its 200 day moving average price is $56.43. The stock has a market cap of $1.64 billion and a PE ratio of 31.46.

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 the consensus estimate of $1.35 by $0.28. The firm earned $802.40 million during the quarter, compared to the consensus estimate of $803.71 million. During the same period in the prior year, the company posted $0.86 EPS. The firm’s revenue was up 14.7% on a year-over-year basis. Equities analysts forecast that Insperity Inc. will post $3.52 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Investors of record on Tuesday, June 7th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.30%. This is a positive change from Insperity’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, June 3rd.

In related news, SVP Daniel D. Herink sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 9th. The stock was sold at an average price of $64.83, for a total transaction of $324,150.00. Following the completion of the transaction, the senior vice president now owns 32,243 shares of the company’s stock, valued at approximately $2,090,313.69. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Daniel D. Herink sold 9,616 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $59.19, for a total value of $569,171.04. Following the transaction, the senior vice president now directly owns 37,243 shares of the company’s stock, valued at approximately $2,204,413.17. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently bought and sold shares of the company. Marshall Wace LLP raised its position in Insperity by 1,608.2% in the fourth quarter. Marshall Wace LLP now owns 78,579 shares of the company’s stock worth $3,784,000 after buying an additional 73,979 shares during the period. Principal Financial Group Inc. raised 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 worth $9,394,000 after buying an additional 76,075 shares during the last quarter. Cornerstone Capital Management Holdings LLC. raised 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 worth $5,053,000 after buying an additional 25,745 shares during the last quarter. Sawtooth Asset Management Inc. raised 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 worth $1,000,000 after buying an additional 20,649 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Insperity by 4.8% in the fourth quarter. Rhumbline Advisers now owns 35,282 shares of the company’s stock worth $1,699,000 after buying an additional 1,615 shares during 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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