Atria Investments Inc Decreases Stock Position in Insperity, Inc. (NYSE:NSP)

Atria Investments Inc trimmed its stake in shares of Insperity, Inc. (NYSE:NSP) by 29.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,287 shares of the business services provider’s stock after selling 1,385 shares during the quarter. Atria Investments Inc’s holdings in Insperity were worth $255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of NSP. Crossmark Global Holdings Inc. raised its stake in shares of Insperity by 9.2% during the third quarter. Crossmark Global Holdings Inc. now owns 2,525 shares of the business services provider’s stock valued at $222,000 after acquiring an additional 213 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in Insperity by 10.4% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 21,183 shares of the business services provider’s stock valued at $1,864,000 after purchasing an additional 1,987 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Insperity in the 3rd quarter worth approximately $324,000. Victory Capital Management Inc. grew its position in shares of Insperity by 65.7% in the 3rd quarter. Victory Capital Management Inc. now owns 115,588 shares of the business services provider’s stock worth $10,172,000 after buying an additional 45,820 shares during the last quarter. Finally, KBC Group NV increased its stake in shares of Insperity by 26.4% during the third quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after buying an additional 216 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. One equities research 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. According to data from MarketBeat, Insperity presently has a consensus rating of “Hold” and a consensus price target of $95.67.

Insiders Place Their Bets

In related news, Director Ellen H. Masterson bought 1,755 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $85.75 per share, with a total value of $150,491.25. Following the completion of the acquisition, the director now owns 16,612 shares of the company’s stock, valued at $1,424,479. The trade was a 11.81 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Arthur A. Arizpe sold 6,000 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the transaction, the chief operating officer now owns 72,551 shares of the company’s stock, valued at $6,143,618.68. The trade was a 7.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.50% of the company’s stock.

Insperity Stock Performance

Shares of Insperity stock opened at $90.29 on Wednesday. Insperity, Inc. has a 12 month low of $68.79 and a 12 month high of $110.72. The firm has a market capitalization of $3.36 billion, a P/E ratio of 37.47 and a beta of 1.02. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The business has a fifty day simple moving average of $82.34 and a two-hundred day simple moving average of $82.41.

Insperity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, March 13th. Insperity’s payout ratio is currently 99.59%.

Insperity 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.