Insperity, Inc. (NYSE:NSP) COO Sells $508,080.00 in Stock

Insperity, Inc. (NYSE:NSP) COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the sale, the chief operating officer now owns 72,551 shares of the company’s stock, valued at approximately $6,143,618.68. This trade represents a 7.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Insperity Price Performance

NSP stock opened at $86.38 on Friday. The stock’s 50 day moving average is $78.11 and its two-hundred day moving average is $83.57. Insperity, Inc. has a 52-week low of $68.79 and a 52-week high of $110.72. The company has a market capitalization of $3.23 billion, a PE ratio of 27.42 and a beta of 1.13. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.40 annualized dividend and a yield of 2.78%. Insperity’s dividend payout ratio is presently 76.19%.

Analyst Ratings Changes

A number of research firms have weighed in on NSP. Truist Financial decreased their price target on Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a report on Friday, November 1st. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. started coverage on shares of Insperity in a research note on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, Insperity currently has an average rating of “Hold” and a consensus target price of $95.67.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its position in shares of Insperity by 493.2% in the 4th quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider’s stock worth $27,000 after purchasing an additional 291 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Insperity in the third quarter valued at about $32,000. Millburn Ridgefield Corp bought a new stake in Insperity in the third quarter valued at about $53,000. UMB Bank n.a. raised its stake in Insperity by 45.9% during the fourth quarter. UMB Bank n.a. now owns 849 shares of the business services provider’s stock valued at $66,000 after buying an additional 267 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in Insperity during the 4th quarter worth approximately $87,000. 93.44% of the stock is currently owned by institutional investors.

Insperity Company 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.