Insperity, Inc. (NYSE:NSP) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP cut its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 49.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,661 shares of the business services provider's stock after selling 16,326 shares during the quarter. Quantbot Technologies LP's holdings in Insperity were worth $1,291,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of NSP. Jones Financial Companies Lllp grew its position 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 acquiring an additional 291 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Insperity during the 3rd quarter worth $32,000. Millburn Ridgefield Corp purchased a new position in Insperity in the 3rd quarter valued at about $53,000. UMB Bank n.a. grew its stake 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 valued at $66,000 after acquiring an additional 267 shares in the last quarter. Finally, Quarry LP increased its position in shares of Insperity by 40.9% during the third quarter. Quarry LP now owns 1,533 shares of the business services provider's stock worth $135,000 after acquiring an additional 445 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Insider Activity at Insperity

In other Insperity news, Director Ellen H. Masterson purchased 1,755 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was bought 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 owns 16,612 shares in the company, valued at $1,424,479. This trade represents a 11.81 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of Insperity 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 sale, the chief executive officer now 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.

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Insperity Stock Performance

Shares of Insperity stock traded up $0.44 during trading hours on Thursday, reaching $89.45. The company's stock had a trading volume of 332,589 shares, compared to its average volume of 311,060. Insperity, Inc. has a one year low of $68.79 and a one year high of $110.72. The company's 50 day simple moving average is $84.02 and its 200 day simple moving average is $82.43. The company has a debt-to-equity ratio of 3.80, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $3.33 billion, a P/E ratio of 37.11 and a beta of 1.02.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors 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 dividend on an annualized basis and a dividend yield of 2.68%. Insperity's dividend payout ratio (DPR) is presently 99.59%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Insperity from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $95.67.

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.