Envestnet Asset Management Inc. Has $15.61 Million Stock Position in Insperity, Inc. (NYSE:NSP)

Envestnet Asset Management Inc. lifted its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 6.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,432 shares of the business services provider's stock after acquiring an additional 12,728 shares during the quarter. Envestnet Asset Management Inc. owned about 0.54% of Insperity worth $15,613,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in shares of Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock valued at $27,000 after purchasing an additional 291 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Insperity in the third quarter valued at about $32,000. UMB Bank n.a. grew its stake in Insperity by 45.9% during the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock valued at $66,000 after purchasing an additional 267 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in Insperity during the 4th quarter worth approximately $87,000. Finally, KBC Group NV raised its position in shares of Insperity by 87.5% in the 4th quarter. KBC Group NV now owns 1,939 shares of the business services provider's stock valued at $150,000 after purchasing an additional 905 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Insider Buying and Selling

In related news, Director Ellen H. Masterson acquired 1,755 shares of Insperity stock in a transaction that occurred on Wednesday, February 12th. The stock was acquired at an average price of $85.75 per share, with a total value of $150,491.25. Following the completion of the acquisition, the director now directly owns 16,612 shares of the company's stock, valued at $1,424,479. This trade represents a 11.81 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 transaction of $2,108,000.00. Following the transaction, the chief executive officer now directly owns 436,584 shares in the company, valued at approximately $36,812,762.88. The trade was a 5.42 % decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by company insiders.

Insperity Stock Performance

Shares of NYSE:NSP traded down $4.15 on Friday, reaching $78.76. 564,027 shares of the company's stock were exchanged, compared to its average volume of 333,204. The business's 50-day moving average is $86.46 and its two-hundred day moving average is $81.91. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $109.80. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 32.68 and a beta of 0.67.

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. The ex-dividend date was Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a yield of 3.05%. Insperity's dividend payout ratio is currently 99.59%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. StockNews.com raised shares of Insperity from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. Truist Financial decreased their price objective on shares of Insperity from $88.00 to $82.00 and set a "hold" rating for the company in a report on Tuesday, April 15th. One equities research 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, the stock has an average rating of "Hold" and a consensus target price of $93.67.

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.