Insperity (NYSE:NSP) Cut to Strong Sell at Zacks Research

Insperity (NYSE:NSP) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. Wall Street Zen raised Insperity from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Roth Mkm set a $54.00 target price on Insperity in a research note on Friday, May 1st. Weiss Ratings restated a “sell (d)” rating on shares of Insperity in a report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. dropped their price target on Insperity from $35.00 to $33.00 and set an “underweight” rating for the company in a research note on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $46.00.

Insperity Stock Up 6.8%

Shares of NSP opened at $44.12 on Tuesday. The firm has a market cap of $1.68 billion, a P/E ratio of -65.86 and a beta of 0.55. The stock has a 50 day simple moving average of $34.50 and a two-hundred day simple moving average of $33.31. The company has a debt-to-equity ratio of 5.51, a current ratio of 1.09 and a quick ratio of 1.09. Insperity has a 1 year low of $18.57 and a 1 year high of $62.53.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Thursday, April 30th. The business services provider reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Insperity had a negative net margin of 0.37% and a negative return on equity of 28.26%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the business earned $1.57 earnings per share. Insperity has set its FY 2026 guidance at 1.600-2.600 EPS and its Q2 2026 guidance at 0.020-0.500 EPS. On average, analysts forecast that Insperity will post 0.99 earnings per share for the current fiscal year.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi bought 233,000 shares of Insperity stock in a transaction on Wednesday, June 3rd. The shares were purchased at an average price of $34.05 per share, for a total transaction of $7,933,650.00. Following the acquisition, the chief executive officer owned 1,105,912 shares of the company’s stock, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.77% of the company’s stock.

Institutional Investors Weigh In On Insperity

Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Insperity by 205.4% during the first quarter. Royal Bank of Canada now owns 107,404 shares of the business services provider’s stock valued at $9,583,000 after buying an additional 72,241 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Insperity by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,384 shares of the business services provider’s stock valued at $1,908,000 after buying an additional 948 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Insperity in the 1st quarter worth about $218,000. Goldman Sachs Group Inc. grew its position in shares of Insperity by 54.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 513,785 shares of the business services provider’s stock worth $45,845,000 after buying an additional 180,563 shares during the period. Finally, United Services Automobile Association bought a new position in shares of Insperity in the 1st quarter worth about $202,000. 93.44% of the stock is currently owned by institutional investors.

About Insperity

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.