Insperity, Inc. (NYSE:NSP) EVP Jay E. Mincks sold 859 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $84.60, for a total value of $72,671.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jay E. Mincks also recently made the following trade(s):

  • On Thursday, August 3rd, Jay E. Mincks sold 2,459 shares of Insperity stock. The stock was sold at an average price of $84.53, for a total value of $207,859.27.

Insperity, Inc. (NYSE:NSP) opened at 84.25 on Monday. The company’s 50-day moving average price is $73.61 and its 200-day moving average price is $79.71. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 24.38 and a beta of 0.76. Insperity, Inc. has a 52 week low of $64.55 and a 52 week high of $93.65.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.14. Insperity had a return on equity of 96.85% and a net margin of 2.34%. The firm had revenue of $795.50 million during the quarter, compared to analyst estimates of $778.88 million. During the same quarter in the previous year, the business earned $0.60 EPS. Insperity’s revenue for the quarter was up 12.5% compared to the same quarter last year. Equities analysts forecast that Insperity, Inc. will post $4.55 earnings per share for the current fiscal year.

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A number of large investors have recently bought and sold shares of NSP. State Board of Administration of Florida Retirement System boosted its stake in Insperity by 8.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 13,786 shares of the business services provider’s stock valued at $979,000 after buying an additional 1,034 shares during the last quarter. Redwood Investments LLC boosted its stake in Insperity by 10.6% in the second quarter. Redwood Investments LLC now owns 110,574 shares of the business services provider’s stock valued at $7,851,000 after buying an additional 10,610 shares during the last quarter. Marshall Wace North America L.P. purchased a new stake in Insperity during the second quarter valued at about $2,782,000. BNP Paribas Arbitrage SA boosted its stake in Insperity by 61.2% in the second quarter. BNP Paribas Arbitrage SA now owns 8,201 shares of the business services provider’s stock valued at $582,000 after buying an additional 3,112 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in Insperity by 11.4% in the second quarter. Legal & General Group Plc now owns 35,486 shares of the business services provider’s stock valued at $2,520,000 after buying an additional 3,629 shares during the last quarter. Institutional investors own 82.58% of the company’s stock.

A number of equities analysts have recently weighed in on NSP shares. BidaskClub raised Insperity from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Zacks Investment Research lowered Insperity from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th. Finally, Roth Capital raised Insperity from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $84.00 to $92.00 in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $93.50.

Insperity Company Profile

Insperity, Inc provides a range of human resources (HR) and business 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, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Insider Buying and Selling by Quarter for Insperity (NYSE:NSP)

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