Insperity, Inc. (NYSE:NSP) Director Ellen H. Masterson Purchases 1,755 Shares of Stock

Insperity, Inc. (NYSE:NSP) Director Ellen H. Masterson bought 1,755 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was acquired at an average cost of $85.75 per share, for a total transaction of $150,491.25. Following the acquisition, the director now directly owns 16,612 shares of the company’s stock, valued at $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Insperity Price Performance

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

Insperity Dividend Announcement

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

Analyst Upgrades and Downgrades

NSP has been the topic of a number of research reports. JPMorgan Chase & Co. began coverage on Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target on the stock. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Truist Financial cut their target price on Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $95.67.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Value Holdings Management CO. LLC increased its holdings in shares of Insperity by 4.2% during the fourth quarter. Value Holdings Management CO. LLC now owns 237,798 shares of the business services provider’s stock valued at $18,432,000 after purchasing an additional 9,600 shares during the period. State Street Corp grew its position in Insperity by 0.9% in the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock valued at $113,261,000 after buying an additional 11,123 shares in the last quarter. Reinhart Partners LLC. increased its stake in Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock valued at $90,830,000 after buying an additional 89,809 shares during the period. JPMorgan Chase & Co. raised its position in shares of Insperity by 16.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider’s stock worth $13,259,000 after buying an additional 21,325 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of Insperity by 129.7% in the 3rd quarter. Barclays PLC now owns 82,580 shares of the business services provider’s stock worth $7,269,000 after acquiring an additional 46,625 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

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.