Insperity Inc. (NYSE:NSP) shares were down 2.9% during mid-day trading on Wednesday . The company traded as low as $78.23 and last traded at $78.89, with a volume of 133,823 shares trading hands. The stock had previously closed at $81.28.

NSP has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Insperity from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 20th. Robert W. Baird raised shares of Insperity from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $50.00 to $59.00 in a report on Friday, April 29th. Roth Capital upped their price objective on shares of Insperity from $72.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, May 3rd. Finally, First Analysis downgraded shares of Insperity from an “overweight” rating to an “equal weight” rating and set a $84.00 price objective on the stock. in a report on Thursday, July 7th.

The stock has a 50 day moving average price of $76.82 and a 200 day moving average price of $59.35. The stock has a market cap of $1.70 billion and a PE ratio of 32.51.

Insperity (NYSE:NSP) last issued its quarterly 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. During the same quarter in the prior year, the firm earned $0.86 EPS. The firm earned $802.40 million during the quarter, compared to analysts’ expectations of $803.71 million. The firm’s revenue was up 14.7% compared to the same quarter last year. On average, analysts anticipate that Insperity Inc. will post $3.52 EPS for the current fiscal year.

In other Insperity news, Director Austin P. Young sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $74.18, for a total transaction of $370,900.00. Following the sale, the director now owns 18,229 shares of the company’s stock, valued at $1,352,227.22. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Douglas S. Sharp sold 9,623 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The stock was sold at an average price of $59.14, for a total transaction of $569,104.22. Following the sale, the chief financial officer now directly owns 25,252 shares in the company, valued at approximately $1,493,403.28. The disclosure for this sale can be found here.

A number of hedge funds recently added to or reduced their stakes in NSP. 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 worth $1,000,000 after buying an additional 20,649 shares during the last quarter. 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 worth $1,699,000 after buying an additional 1,615 shares during the last quarter. California State Teachers Retirement System boosted its stake in Insperity by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 35,911 shares of the company’s stock worth $1,729,000 after buying an additional 627 shares during the last quarter. Sei Investments Co. boosted its stake in Insperity by 10.5% in the fourth quarter. Sei Investments Co. now owns 48,323 shares of the company’s stock worth $2,327,000 after buying an additional 4,573 shares during the last quarter. Finally, 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 worth $3,784,000 after buying an additional 73,979 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.