Insperity, Inc. (NYSE:NSP) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio decreased its stake in shares of Insperity, Inc. (NYSE:NSP) by 9.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,055 shares of the business services provider’s stock after selling 2,182 shares during the period. Public Employees Retirement System of Ohio owned 0.10% of Insperity worth $1,867,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in NSP. Ameritas Investment Partners Inc. bought a new position in shares of Insperity during the first quarter worth approximately $120,000. Meeder Asset Management Inc. acquired a new stake in shares of Insperity during the first quarter worth about $129,000. Bank of Montreal Can raised its stake in shares of Insperity by 1.1% in the first quarter. Bank of Montreal Can now owns 1,761 shares of the business services provider’s stock worth $156,000 after buying an additional 19 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Insperity by 172.8% in the first quarter. LS Investment Advisors LLC now owns 1,972 shares of the business services provider’s stock worth $175,000 after buying an additional 1,249 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in shares of Insperity by 0.5% in the first quarter. State of Alaska Department of Revenue now owns 2,070 shares of the business services provider’s stock worth $183,000 after buying an additional 10 shares in the last quarter. Institutional investors and hedge funds own 82.30% of the company’s stock.

Shares of Insperity, Inc. (NYSE NSP) traded down 0.81% on Friday, reaching $80.00. The company had a trading volume of 109,605 shares. The firm’s 50 day moving average is $76.68 and its 200 day moving average is $80.63. Insperity, Inc. has a 12 month low of $64.55 and a 12 month high of $93.65. The firm has a market capitalization of $1.67 billion, a PE ratio of 23.17 and a beta of 0.76.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.14. The business had revenue of $795.50 million during the quarter, compared to analysts’ expectations of $778.88 million. Insperity had a net margin of 2.34% and a return on equity of 96.85%. The business’s revenue was up 12.5% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share. On average, equities research analysts expect that Insperity, Inc. will post $4.55 earnings per share for the current fiscal year.

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NSP has been the subject of a number of research analyst reports. BidaskClub raised Insperity from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Zacks Investment Research lowered Insperity from a “hold” rating to a “sell” rating in a research report on Thursday, May 4th. Finally, Roth Capital raised Insperity from a “neutral” rating to a “buy” rating and lifted their target price for the company from $84.00 to $92.00 in a research report on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $94.00.

In related news, EVP Arthur A. Arizpe sold 2,500 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $85.00, for a total transaction of $212,500.00. Following the completion of the sale, the executive vice president now directly owns 23,653 shares of the company’s stock, valued at $2,010,505. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Daniel D. Herink sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $83.34, for a total transaction of $250,020.00. Following the sale, the senior vice president now directly owns 19,014 shares of the company’s stock, valued at $1,584,626.76. The disclosure for this sale can be found here. Insiders sold 90,917 shares of company stock valued at $7,696,714 over the last quarter. Insiders own 27.47% of the company’s stock.

Insperity Company Profile

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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