2,887 Shares in Insperity, Inc. (NYSE:NSP) Bought by Virtu Financial LLC

Virtu Financial LLC acquired a new position in shares of Insperity, Inc. (NYSE:NSP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,887 shares of the business services provider’s stock, valued at approximately $338,000.

Several other institutional investors and hedge funds have also modified their holdings of NSP. Principal Securities Inc. bought a new stake in shares of Insperity during the 4th quarter worth $32,000. GAMMA Investing LLC acquired a new position in Insperity in the 4th quarter worth about $34,000. C M Bidwell & Associates Ltd. acquired a new position in Insperity in the 4th quarter worth about $34,000. SRS Capital Advisors Inc. increased its holdings in Insperity by 387.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after purchasing an additional 298 shares in the last quarter. Finally, Hexagon Capital Partners LLC increased its holdings in Insperity by 1,600.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after purchasing an additional 368 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 12,183 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the sale, the chief executive officer now owns 525,252 shares of the company’s stock, valued at $50,114,293.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Paul J. Sarvadi sold 12,183 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the sale, the chief executive officer now owns 525,252 shares of the company’s stock, valued at $50,114,293.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John M. Morphy sold 3,300 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $102.42, for a total value of $337,986.00. Following the sale, the director now directly owns 7,633 shares of the company’s stock, valued at approximately $781,771.86. The disclosure for this sale can be found here. Insiders sold 20,695 shares of company stock valued at $2,044,864 over the last 90 days. Company insiders own 5.50% of the company’s stock.

Wall Street Analysts Forecast Growth

NSP has been the subject of a number of recent research reports. William Blair reaffirmed an “outperform” rating on shares of Insperity in a report on Friday, May 17th. Robert W. Baird upped their target price on Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Finally, StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.50.

Insperity Trading Down 1.3 %

Shares of NSP stock opened at $93.33 on Thursday. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 2.59 and a beta of 1.14. The stock has a 50-day moving average of $101.41 and a 200-day moving average of $106.18. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.64. Insperity, Inc. has a 1-year low of $90.80 and a 1-year high of $123.21.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.24. The company had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Insperity had a return on equity of 137.14% and a net margin of 2.39%. On average, equities research analysts forecast that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be paid a $0.60 dividend. This is a boost from Insperity’s previous quarterly dividend of $0.57. The ex-dividend date is Friday, June 7th. This represents a $2.40 annualized dividend and a dividend yield of 2.57%. Insperity’s dividend payout ratio is presently 58.68%.

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.