Farther Finance Advisors LLC Acquires 1,842 Shares of Insperity, Inc. (NYSE:NSP)

Farther Finance Advisors LLC boosted its holdings in Insperity, Inc. (NYSE:NSP) by 58.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,984 shares of the business services provider’s stock after purchasing an additional 1,842 shares during the period. Farther Finance Advisors LLC’s holdings in Insperity were worth $449,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Principal Securities Inc. bought a new position in Insperity during the fourth quarter valued at about $32,000. C M Bidwell & Associates Ltd. bought a new position in shares of Insperity during the 4th quarter valued at approximately $34,000. Quarry LP bought a new stake in shares of Insperity in the 4th quarter worth approximately $55,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Insperity by 3,386.7% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 523 shares of the business services provider’s stock worth $62,000 after purchasing an additional 508 shares during the period. Finally, Quest Partners LLC purchased a new position in Insperity in the fourth quarter valued at approximately $92,000. Institutional investors own 93.44% of the company’s stock.

Insider Buying and Selling at Insperity

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $92.23, for a total value of $1,487,024.29. Following the transaction, the chief executive officer now owns 509,129 shares of the company’s stock, valued at $46,956,967.67. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 5.50% of the company’s stock.

Insperity Price Performance

Insperity stock opened at $92.09 on Wednesday. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. Insperity, Inc. has a one year low of $85.04 and a one year high of $119.40. The firm has a market capitalization of $3.47 billion, a P/E ratio of 22.52, a PEG ratio of 2.62 and a beta of 1.13. The business has a fifty day moving average price of $94.14 and a 200-day moving average price of $98.83.

Insperity (NYSE:NSP) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the previous year, the firm earned $0.33 EPS. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. As a group, equities research analysts forecast that Insperity, Inc. will post 2.39 EPS for the current year.

Insperity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.61%. The ex-dividend date is Thursday, September 5th. Insperity’s dividend payout ratio is presently 58.68%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NSP shares. William Blair restated an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. StockNews.com raised shares of Insperity from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Finally, Robert W. Baird lifted their target price on shares of Insperity from $105.00 to $109.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th.

About Insperity

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.