Barclays PLC Grows Stake in Insperity, Inc. (NYSE:NSP)

Barclays PLC lifted its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 17.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,224 shares of the business services provider's stock after purchasing an additional 14,644 shares during the quarter. Barclays PLC owned 0.26% of Insperity worth $7,537,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NSP. Wilmington Savings Fund Society FSB bought a new position in Insperity in the third quarter valued at about $32,000. Tidal Investments LLC grew its holdings in shares of Insperity by 84.3% during the third quarter. Tidal Investments LLC now owns 7,385 shares of the business services provider's stock valued at $650,000 after buying an additional 3,377 shares during the last quarter. Franklin Resources Inc. raised its position in Insperity by 4.6% in the 3rd quarter. Franklin Resources Inc. now owns 20,821 shares of the business services provider's stock valued at $1,844,000 after buying an additional 909 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Insperity by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 150,669 shares of the business services provider's stock valued at $13,259,000 after acquiring an additional 21,325 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in Insperity by 4.6% in the fourth quarter. Nordea Investment Management AB now owns 109,888 shares of the business services provider's stock worth $8,623,000 after acquiring an additional 4,791 shares during the period. Institutional investors own 93.44% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NSP shares. Truist Financial lowered their target price on shares of Insperity from $88.00 to $82.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. StockNews.com upgraded Insperity from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Insperity has an average rating of "Hold" and a consensus price target of $93.67.

Insider Activity at Insperity

In related news, Director Ellen H. Masterson acquired 1,755 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average price of $85.75 per share, with a total value of $150,491.25. Following the completion of the purchase, the director now directly owns 16,612 shares of the company's stock, valued at $1,424,479. This represents a 11.81 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $84.32, for a total value of $2,108,000.00. Following the sale, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is currently owned by insiders.

Insperity Stock Up 0.9 %

Shares of NSP stock traded up $0.72 during midday trading on Friday, reaching $78.93. 362,352 shares of the stock were exchanged, compared to its average volume of 334,427. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $106.69. The firm has a market cap of $2.97 billion, a PE ratio of 32.75 and a beta of 0.67. The company's 50 day moving average is $85.62 and its two-hundred day moving average is $81.68.

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's dividend payout ratio (DPR) is presently 99.59%.

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.