Insperity, Inc. (NYSE:NSP) Shares Sold by Blue Trust Inc.

Blue Trust Inc. cut its stake in Insperity, Inc. (NYSE:NSP) by 13.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,951 shares of the business services provider’s stock after selling 462 shares during the period. Blue Trust Inc.’s holdings in Insperity were worth $229,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Empowered Funds LLC acquired a new stake in Insperity in the fourth quarter worth $1,373,000. Vest Financial LLC increased its holdings in shares of Insperity by 93.6% during the fourth quarter. Vest Financial LLC now owns 31,551 shares of the business services provider’s stock valued at $2,446,000 after purchasing an additional 15,253 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Insperity by 18.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,811 shares of the business services provider’s stock valued at $1,983,000 after purchasing an additional 3,999 shares during the period. KBC Group NV increased its holdings in shares of Insperity by 87.5% during the fourth quarter. KBC Group NV now owns 1,939 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 905 shares during the period. Finally, Inspire Investing LLC increased its holdings in shares of Insperity by 10.9% during the fourth quarter. Inspire Investing LLC now owns 5,169 shares of the business services provider’s stock valued at $401,000 after purchasing an additional 509 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Ellen H. Masterson acquired 1,755 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, with a total value of $150,491.25. Following the purchase, the director now owns 16,612 shares of the company’s stock, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Paul J. Sarvadi sold 25,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the sale, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. This trade represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by company insiders.

Insperity Trading Down 0.0 %

Shares of NSP stock opened at $86.84 on Thursday. The stock has a 50-day simple moving average of $78.52 and a 200 day simple moving average of $83.12. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $110.72. The stock has a market capitalization of $3.23 billion, a P/E ratio of 36.03 and a beta of 1.13. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were given a $0.60 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.76%. Insperity’s dividend payout ratio (DPR) is 99.59%.

Analyst Ratings Changes

NSP has been the topic of a number of research analyst reports. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Truist Financial decreased their target price on Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $95.67.

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.