Insperity Inc (NYSE:NSP) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN trimmed its position in shares of Insperity Inc (NYSE:NSP) by 17.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,365 shares of the business services provider’s stock after selling 37,265 shares during the period. Wells Fargo & Company MN owned approximately 0.42% of Insperity worth $12,266,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Mutual of America Capital Management LLC grew its stake in Insperity by 100.0% during the fourth quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock worth $115,000 after buying an additional 1,000 shares in the last quarter. Elkfork Partners LLC grew its stake in Insperity by 65.6% during the fourth quarter. Elkfork Partners LLC now owns 2,768 shares of the business services provider’s stock worth $159,000 after buying an additional 1,096 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in Insperity by 100.0% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock worth $126,000 after buying an additional 1,100 shares in the last quarter. LS Investment Advisors LLC grew its stake in Insperity by 64.1% during the fourth quarter. LS Investment Advisors LLC now owns 4,148 shares of the business services provider’s stock worth $238,000 after buying an additional 1,621 shares in the last quarter. Finally, Meadow Creek Investment Management LLC grew its stake in Insperity by 127.6% during the fourth quarter. Meadow Creek Investment Management LLC now owns 4,844 shares of the business services provider’s stock worth $278,000 after buying an additional 2,716 shares in the last quarter. Hedge funds and other institutional investors own 80.94% of the company’s stock.

NYSE:NSP opened at $95.25 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.13 and a current ratio of 1.13. Insperity Inc has a one year low of $34.88 and a one year high of $101.90. The company has a market cap of $4.05 billion, a P/E ratio of 46.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.86.



Insperity (NYSE:NSP) last posted its earnings results on Monday, April 30th. The business services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.14 by $0.27. Insperity had a net margin of 2.87% and a return on equity of 122.34%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $988.24 million. During the same period last year, the company earned $1.84 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. analysts expect that Insperity Inc will post 3.17 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 25th. Investors of record on Monday, June 11th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, June 8th. This represents a $0.80 annualized dividend and a yield of 0.84%. Insperity’s dividend payout ratio is presently 39.22%.

In other Insperity news, Chairman Paul J. Sarvadi sold 90,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 2nd. The shares were sold at an average price of $81.65, for a total transaction of $7,348,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Austin P. Young sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $97.34, for a total transaction of $243,350.00. Following the transaction, the director now owns 23,328 shares of the company’s stock, valued at approximately $2,270,747.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 248,682 shares of company stock worth $21,403,889. 9.58% of the stock is owned by corporate insiders.

A number of equities research analysts have issued reports on NSP shares. Zacks Investment Research downgraded shares of Insperity from a “buy” rating to a “hold” rating in a research note on Monday, April 16th. Robert W. Baird increased their price objective on shares of Insperity from $69.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, May 14th. ValuEngine upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research note on Tuesday, May 1st. Finally, SunTrust Banks raised their price target on shares of Insperity to $85.00 and gave the company a “hold” rating in a research note on Tuesday, May 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $86.75.

About Insperity

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

Institutional Ownership by Quarter for Insperity (NYSE:NSP)

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