Insperity, Inc. (NYSE:NSP) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its position in shares of Insperity, Inc. (NYSE:NSP) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,299 shares of the business services provider’s stock after selling 201 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Insperity were worth $256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. increased its stake in Insperity by 11.6% during the 4th quarter. Assetmark Inc. now owns 2,032 shares of the business services provider’s stock valued at $158,000 after buying an additional 211 shares during the period. UMB Bank n.a. increased its holdings in shares of Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 267 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Insperity by 493.2% during the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock valued at $27,000 after buying an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Insperity during the 3rd quarter valued at about $32,000. Finally, Swiss National Bank grew its position in shares of Insperity by 0.6% in the fourth quarter. Swiss National Bank now owns 70,100 shares of the business services provider’s stock valued at $5,433,000 after purchasing an additional 400 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Insperity Trading Down 1.3 %

Shares of NYSE NSP opened at $88.28 on Friday. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $109.80. The company has a 50-day moving average of $84.25 and a two-hundred day moving average of $82.44. The company has a market cap of $3.29 billion, a PE ratio of 36.63 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.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity’s dividend payout ratio (DPR) is presently 99.59%.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the transaction, the chief operating officer now owns 72,551 shares in the company, valued at approximately $6,143,618.68. This represents a 7.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total value of $2,108,000.00. Following the completion of the sale, the chief executive officer now owns 436,584 shares in the company, valued at $36,812,762.88. The trade was a 5.42 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 5.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $95.67.

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.