Sanctuary Advisors LLC Acquires 2,971 Shares of Insperity, Inc. (NYSE:NSP)

Sanctuary Advisors LLC raised its position in Insperity, Inc. (NYSE:NSP - Free Report) by 24.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,356 shares of the business services provider's stock after purchasing an additional 2,971 shares during the period. Sanctuary Advisors LLC's holdings in Insperity were worth $1,150,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Covestor Ltd increased its position in shares of Insperity by 21.7% during the third quarter. Covestor Ltd now owns 1,156 shares of the business services provider's stock worth $102,000 after acquiring an additional 206 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Insperity by 9.2% during the third quarter. Crossmark Global Holdings Inc. now owns 2,525 shares of the business services provider's stock worth $222,000 after acquiring an additional 213 shares in the last quarter. KBC Group NV increased its position in shares of Insperity by 26.4% during the third quarter. KBC Group NV now owns 1,034 shares of the business services provider's stock worth $91,000 after acquiring an additional 216 shares in the last quarter. UMB Bank n.a. increased its position in shares of Insperity by 45.9% during the fourth 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. Finally, State of Alaska Department of Revenue increased its position in shares of Insperity by 7.3% during the third quarter. State of Alaska Department of Revenue now owns 4,108 shares of the business services provider's stock worth $361,000 after acquiring an additional 280 shares in the last quarter. Institutional investors own 93.44% of the company's stock.

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Insperity Stock Up 0.1 %

NSP traded up $0.11 during trading hours on Friday, hitting $88.05. 447,112 shares of the company's stock were exchanged, compared to its average volume of 425,567. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 36.53 and a beta of 1.13. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80. The stock's 50-day moving average is $79.57 and its two-hundred day moving average is $82.93. Insperity, Inc. has a 1-year low of $68.79 and a 1-year high of $110.72.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Thursday, March 13th. Insperity's dividend payout ratio is currently 99.59%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports 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 lowered their price objective on shares of Insperity from $95.00 to $88.00 and set a "hold" rating for the company in a research report on Friday, November 1st. One research 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 presently has an average rating of "Hold" and a consensus price target of $95.67.

Insider Buying and Selling at Insperity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $84.68, for a total value of $508,080.00. Following the completion of the sale, the chief operating officer now owns 72,551 shares in the company, valued at $6,143,618.68. This trade represents a 7.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ellen H. Masterson purchased 1,755 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was purchased at an average price of $85.75 per share, with a total value of $150,491.25. Following the purchase, the director now owns 16,612 shares of the company's stock, valued at approximately $1,424,479. The trade was a 11.81 % increase in their ownership of the stock. 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.