Texas Permanent School Fund lifted its holdings in Insperity Inc (NYSE:NSP) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,351 shares of the business services provider’s stock after purchasing an additional 872 shares during the quarter. Texas Permanent School Fund owned about 0.06% of Insperity worth $2,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of NSP. First Trust Advisors LP grew its position in shares of Insperity by 4.6% in the 1st quarter. First Trust Advisors LP now owns 50,686 shares of the business services provider’s stock valued at $6,268,000 after purchasing an additional 2,212 shares during the period. KAMES CAPITAL plc lifted its stake in Insperity by 8.9% in the 2nd quarter. KAMES CAPITAL plc now owns 99,576 shares of the business services provider’s stock valued at $12,162,000 after acquiring an additional 8,116 shares in the last quarter. Retirement Systems of Alabama lifted its stake in Insperity by 0.7% in the 2nd quarter. Retirement Systems of Alabama now owns 48,830 shares of the business services provider’s stock valued at $5,964,000 after acquiring an additional 335 shares in the last quarter. Scout Investments Inc. lifted its stake in Insperity by 64.9% in the 2nd quarter. Scout Investments Inc. now owns 124,727 shares of the business services provider’s stock valued at $15,234,000 after acquiring an additional 49,103 shares in the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in Insperity in the 2nd quarter valued at approximately $49,000. Institutional investors and hedge funds own 85.01% of the company’s stock.

In related news, Director Tim Clifford acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were bought at an average price of $97.35 per share, for a total transaction of $243,375.00. Following the purchase, the director now directly owns 9,794 shares in the company, valued at approximately $953,445.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Paul J. Sarvadi sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $102.52, for a total value of $133,276.00. Following the sale, the chief executive officer now owns 679,878 shares in the company, valued at approximately $69,701,092.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,153 shares of company stock worth $1,336,079. Company insiders own 6.86% of the company’s stock.

Several equities research analysts have commented on NSP shares. Robert W. Baird set a $141.00 target price on Insperity and gave the company a “buy” rating in a research note on Wednesday, August 21st. SunTrust Banks cut their target price on Insperity to $128.00 and set an “accumulate” rating on the stock in a research note on Tuesday. Roth Capital cut their target price on Insperity from $147.00 to $138.00 in a research note on Tuesday, July 30th. Finally, ValuEngine cut Insperity from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Insperity currently has a consensus rating of “Buy” and an average price target of $135.00.

NYSE NSP opened at $69.05 on Friday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 0.96 and a beta of 1.05. The stock’s 50 day moving average price is $98.83 and its two-hundred day moving average price is $110.55. The company has a debt-to-equity ratio of 5.84, a quick ratio of 1.19 and a current ratio of 1.17. Insperity Inc has a 52 week low of $67.06 and a 52 week high of $144.92.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.26). Insperity had a return on equity of 166.72% and a net margin of 3.69%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company earned $0.96 EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, equities research analysts forecast that Insperity Inc will post 3.61 EPS for the current year.

Insperity Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.

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Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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