ExodusPoint Capital Management LP Buys Shares of 71,284 Insperity, Inc. (NYSE:NSP)

ExodusPoint Capital Management LP purchased a new position in Insperity, Inc. (NYSE:NSP - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 71,284 shares of the business services provider's stock, valued at approximately $5,525,000. ExodusPoint Capital Management LP owned 0.19% of Insperity as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in 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 buying an additional 291 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Insperity during the 3rd quarter worth about $32,000. UMB Bank n.a. raised its position in shares of Insperity by 45.9% in the 4th quarter. UMB Bank n.a. now owns 849 shares of the business services provider's stock worth $66,000 after acquiring an additional 267 shares in the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of Insperity in the 4th quarter valued at about $87,000. Finally, Quarry LP boosted its position in shares of Insperity by 40.9% during the 3rd quarter. Quarry LP now owns 1,533 shares of the business services provider's stock valued at $135,000 after purchasing an additional 445 shares in the last quarter. 93.44% of the stock is owned by institutional investors.

Insperity Trading Down 3.7 %

NSP opened at $84.57 on Friday. The company has a fifty day moving average price of $85.20 and a two-hundred day moving average price of $82.42. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $109.80. The company has a market cap of $3.15 billion, a P/E ratio of 35.09 and a beta of 1.02. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend was Thursday, March 13th. Insperity's payout ratio is 99.59%.

Wall Street Analysts Forecast Growth

Separately, 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 given a buy rating to the company. Based on data from MarketBeat.com, Insperity currently has a consensus rating of "Hold" and an average target price of $95.67.

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Insider Buying and Selling

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the business's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total transaction of $508,080.00. Following the completion of the sale, the chief operating officer now owns 72,551 shares in the company, valued at approximately $6,143,618.68. The trade was a 7.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ellen H. Masterson acquired 1,755 shares of the company'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 completion of the purchase, the director now directly owns 16,612 shares of the company's stock, valued at approximately $1,424,479. This represents a 11.81 % increase in their position. The disclosure for this purchase can be found here. 5.50% of the stock is owned by company insiders.

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.

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