Insperity (NYSE:NSP) Sees Strong Trading Volume – What’s Next?

Insperity, Inc. (NYSE:NSP) saw unusually-high trading volume on Monday . Approximately 633,899 shares were traded during trading, an increase of 138% from the previous session’s volume of 266,314 shares.The stock last traded at $79.00 and had previously closed at $77.55.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NSP shares. William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research note on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $99.50.

Insperity Trading Up 2.0 %

The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market cap of $2.98 billion, a P/E ratio of 19.40, a P/E/G ratio of 2.39 and a beta of 1.11. The firm has a 50 day simple moving average of $88.70 and a 200 day simple moving average of $94.88.

Insperity (NYSE:NSP) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. Insperity’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the business earned $0.33 earnings per share. On average, equities research analysts predict that Insperity, Inc. will post 2.43 EPS for the current fiscal year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were issued a $0.60 dividend. The ex-dividend date was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 3.03%. Insperity’s payout ratio is currently 58.68%.

Insider Buying and Selling

In other news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the completion of the sale, the chief executive officer now owns 509,129 shares in the company, valued at approximately $46,956,967.67. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.50% of the stock is currently owned by company insiders.

Institutional Trading of Insperity

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Retirement Systems of Alabama increased its stake in Insperity by 0.3% in the first quarter. Retirement Systems of Alabama now owns 44,484 shares of the business services provider’s stock valued at $4,876,000 after acquiring an additional 126 shares during the last quarter. Andina Capital Management LLC raised its holdings in shares of Insperity by 5.4% during the 2nd quarter. Andina Capital Management LLC now owns 2,736 shares of the business services provider’s stock valued at $250,000 after buying an additional 140 shares in the last quarter. Grandeur Peak Global Advisors LLC lifted its position in Insperity by 0.3% in the 1st quarter. Grandeur Peak Global Advisors LLC now owns 43,984 shares of the business services provider’s stock worth $4,821,000 after buying an additional 146 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Insperity by 0.3% in the second quarter. The Manufacturers Life Insurance Company now owns 43,075 shares of the business services provider’s stock worth $3,929,000 after buying an additional 150 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Insperity by 1.9% in the second quarter. Arizona State Retirement System now owns 9,918 shares of the business services provider’s stock worth $905,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Insperity Company Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that 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.