Insperity (NYSE:NSP) Shares Down 3.9%

Insperity, Inc. (NYSE:NSP)’s share price was down 3.9% during mid-day trading on Tuesday . The company traded as low as $87.39 and last traded at $87.39. Approximately 45,301 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 267,572 shares. The stock had previously closed at $90.98.

Wall Street Analyst Weigh In

Separately, William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday.

Insperity Stock Down 3.4 %

The firm has a market capitalization of $3.31 billion, a P/E ratio of 22.05, a P/E/G ratio of 2.37 and a beta of 1.12. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a 50 day simple moving average of $93.73 and a two-hundred day simple moving average of $97.85.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. Insperity’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS. On average, equities analysts predict that Insperity, Inc. will post 2.43 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.73%. Insperity’s dividend payout ratio (DPR) is 58.68%.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction dated Thursday, August 8th. The stock was 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 in the company, valued at $46,956,967.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Principal Securities Inc. acquired a new position in shares of Insperity during the 4th quarter valued at about $32,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Insperity during the 4th quarter worth approximately $34,000. Quarry LP purchased a new position in shares of Insperity during the fourth quarter worth about $55,000. nVerses Capital LLC acquired a new stake in Insperity during the 2nd quarter worth approximately $64,000. Finally, Quest Partners LLC acquired a new stake in Insperity during the 4th quarter worth approximately $92,000. 93.44% of the stock is owned by institutional investors and hedge funds.

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.