Atria Investments Inc Acquires 389 Shares of Insperity, Inc. (NYSE:NSP)

Atria Investments Inc increased its stake in Insperity, Inc. (NYSE:NSP) by 9.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,672 shares of the business services provider’s stock after purchasing an additional 389 shares during the quarter. Atria Investments Inc’s holdings in Insperity were worth $411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. US Bancorp DE boosted its position in shares of Insperity by 10.1% in the first quarter. US Bancorp DE now owns 3,163 shares of the business services provider’s stock worth $347,000 after purchasing an additional 290 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in Insperity by 10.0% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 11,445 shares of the business services provider’s stock worth $1,391,000 after buying an additional 1,040 shares during the period. Vanguard Group Inc. increased its stake in Insperity by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after buying an additional 182,773 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Insperity by 0.7% during the first quarter. CANADA LIFE ASSURANCE Co now owns 31,168 shares of the business services provider’s stock valued at $3,418,000 after acquiring an additional 215 shares during the period. Finally, EntryPoint Capital LLC raised its holdings in Insperity by 164.3% during the first quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 534 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NSP has been the subject of several research analyst reports. William Blair cut Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. StockNews.com lowered shares of Insperity from a “buy” rating to a “hold” rating in a report on Monday, November 4th. Truist Financial reduced their price objective on shares of Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price for the company. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat, Insperity has a consensus rating of “Hold” and a consensus price target of $95.67.

Insperity Stock Performance

NYSE NSP opened at $73.84 on Friday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16. Insperity, Inc. has a 1-year low of $71.69 and a 1-year high of $119.40. The business has a 50 day simple moving average of $83.80 and a two-hundred day simple moving average of $91.39. The stock has a market capitalization of $2.76 billion, a PE ratio of 23.10, a P/E/G ratio of 2.04 and a beta of 1.12.

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.