Markel Group Inc. Has $10.21 Million Holdings in Insperity, Inc. (NYSE:NSP)

Markel Group Inc. increased its stake in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 87.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,728 shares of the business services provider's stock after purchasing an additional 61,585 shares during the period. Markel Group Inc. owned 0.35% of Insperity worth $10,210,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in shares of Insperity by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 8,884 shares of the business services provider's stock worth $782,000 after buying an additional 733 shares during the last quarter. Atria Investments Inc raised its holdings in shares of Insperity by 9.1% in the 3rd quarter. Atria Investments Inc now owns 4,672 shares of the business services provider's stock worth $411,000 after purchasing an additional 389 shares during the period. Covestor Ltd lifted its stake in shares of Insperity by 21.7% in the 3rd quarter. Covestor Ltd now owns 1,156 shares of the business services provider's stock valued at $102,000 after purchasing an additional 206 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of Insperity by 9.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,525 shares of the business services provider's stock worth $222,000 after purchasing an additional 213 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its position in Insperity by 10.4% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 21,183 shares of the business services provider's stock worth $1,864,000 after purchasing an additional 1,987 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company's stock.

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Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of 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 given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $95.67.

Insperity Price Performance

Shares of Insperity stock traded down $0.62 during trading on Thursday, hitting $86.46. The stock had a trading volume of 73,662 shares, compared to its average volume of 436,839. The business has a fifty day moving average of $81.38 and a two-hundred day moving average of $82.61. The firm has a market cap of $3.22 billion, a P/E ratio of 35.88 and a beta of 1.02. Insperity, Inc. has a fifty-two week low of $68.79 and a fifty-two week high of $110.72. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.08 and a quick ratio of 1.08.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.60 dividend. The ex-dividend date is Thursday, March 13th. This represents a $2.40 annualized dividend and a dividend yield of 2.78%. Insperity's dividend payout ratio is currently 99.59%.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 25,000 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total value of $2,108,000.00. Following the transaction, the chief executive officer now owns 436,584 shares in the company, valued at $36,812,762.88. The trade was a 5.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ellen H. Masterson acquired 1,755 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of $85.75 per share, with a total value of $150,491.25. Following the completion of the acquisition, the director now owns 16,612 shares of the company's stock, valued at approximately $1,424,479. This trade represents a 11.81 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 5.50% of the company's stock.

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.