November 24, 2016 - By Nellie Frank
An insider Peter Feld who is director of Insperity Inc sold 187,858 shares of the firm worth $13,759,183 US Dollars calculated based on $73.2 per every share. Peter is trying to quietly decrease his company’s share, same as he did in the last month. He sold another 226,000 shares worth $16,199,535 USD. This trade was performed on 23-11-2016. A public document that was filed with the D.C. based-SEC and ready for use here, reveals more info for the trade. Peter Feld now owns 1.09 million shares or 5.13% of Insperity Inc’s market cap.
Out of 3 analysts covering Insperity Inc (NYSE:NSP), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Insperity Inc has been the topic of 3 analyst reports since February 16, 2016 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, May 3 by Roth Capital. As per Friday, April 29, the company rating was upgraded by Robert W. Baird. The firm has “Overweight” rating by First Analysis given on Tuesday, February 16.
Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.27, from 1.43 in 2016Q1. The ratio dived, as 15 funds sold all Insperity Inc shares owned while 64 reduced positions. 51 funds bought stakes while 62 increased positions. They now own 17.19 million shares or 1.44% less from 17.45 million shares in 2016Q1.
Fort Limited Partnership last reported 0.64% of its portfolio in the stock. Rhumbline Advisers holds 0.01% or 35,993 shares in its portfolio. Moreover, Da Davidson has 0% invested in Insperity Inc (NYSE:NSP) for 514 shares. The Colorado-based Jbf Inc has invested 0.01% in Insperity Inc (NYSE:NSP). Vanguard Grp Incorporated last reported 0.01% of its portfolio in the stock. Gsa Capital Ptnrs Llp last reported 0.07% of its portfolio in the stock. Blackrock Fund Advisors accumulated 1.03M shares or 0.02% of the stock. Tower Rech Capital Limited Liability Company (Trc) last reported 742 shares in the company. Aqr Cap Management Ltd Com holds 0.01% of its portfolio in Insperity Inc (NYSE:NSP) for 101,737 shares. Lpl Financial Lc owns 8,424 shares or 0.01% of their US portfolio. Blackrock Advsr Limited Liability Company last reported 0.01% of its portfolio in the stock. Teachers Retirement Sys Of The State Of Kentucky accumulated 0.01% or 7,300 shares. Profund Advsrs Ltd Com holds 3,142 shares or 0.01% of its portfolio. Moreover, Comerica Bank has 0.01% invested in Insperity Inc (NYSE:NSP) for 16,256 shares. Moreover, Lord Abbett & Ltd Llc has 0.02% invested in Insperity Inc (NYSE:NSP) for 99,081 shares.
Insider Transactions: Since May 25, 2016, the stock had 0 insider buys, and 13 insider sales for $58.31 million net activity. Feld Peter A also sold $22.76M worth of Insperity Inc (NYSE:NSP) shares. MINCKS JAY E sold 2,000 shares worth $138,000. 4,000 shares were sold by Herink Daniel D, worth $292,040 on Thursday, November 10. BROWN MICHAEL W had sold 8,000 shares worth $557,344. 30,000 shares were sold by SARVADI PAUL J, worth $2.16 million. 4,000 shares were sold by SHARP DOUGLAS S, worth $286,200. $370,900 worth of shares were sold by YOUNG AUSTIN P on Wednesday, June 8.
About 163,845 shares traded hands. Insperity Inc (NYSE:NSP) has risen 41.27% since April 21, 2016 and is uptrending. It has outperformed by 35.94% the S&P500.
Insperity, Inc. provides an array of human resources (HR) and business solutions. The company has a market cap of $1.57 billion. 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, government compliance, performance management, and training and development services. It has a 25.19 P/E ratio.
According to Zacks Investment Research, “Insperity, Inc., formerly known as Administaff, Inc., is engaged in providing an array of human resources and business solutions. Services offered by the Company includes Workforce Optimization in the marketplace, MidMarket Solutions, Performance Management, Expense Management, Time and Attendance, Organizational Planning, Employment Screening, Recruiting Services, Retirement Services, Business Insurance and Technology Services. Insperity, Inc. is headquartered in Kingwood, Texas.”
Analysts await Insperity Inc (NYSE:NSP) to report earnings on February, 10. They expect $0.42 earnings per share, up 68.00% or $0.17 from last year’s $0.25 per share. NSP’s profit will be $9.00 million for 43.60 P/E if the $0.42 EPS becomes a reality. After $0.66 actual earnings per share reported by Insperity Inc for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.
More recent Insperity Inc (NYSE:NSP) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Broadcom, Mentor Graphics and Insperity” on September 13, 2016. Also Wsj.com published the news titled: “Insperity Makes Deal to Accept Starboard Nominee, Add Another to Board” on May 19, 2016. Businesswire.com‘s news article titled: “Insperity Announces Preliminary Results of Modified Dutch Auction Tender Offer” with publication date: January 08, 2016 was also an interesting one.
Insperity, Inc. (Insperity), incorporated on August 9, 1995, provides an array 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, government compliance, performance management, and training and development services. In addition to its PEO HR Outsourcing solutions, the Company offers human capital management, payroll services, time and attendance, performance management, organizational planning, recruiting services, employment screening, financial and expense management services, retirement services and insurance services, many of which are offered through desktop applications and cloud delivery models.
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By Nellie Frank