Insperity, Inc. (NYSE:NSP) Shares Acquired by Quest Partners LLC

Quest Partners LLC grew its stake in Insperity, Inc. (NYSE:NSP - Free Report) by 259.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,023 shares of the business services provider's stock after acquiring an additional 8,681 shares during the quarter. Quest Partners LLC's holdings in Insperity were worth $1,058,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in NSP. Vanguard Group Inc. raised its position in shares of Insperity by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider's stock valued at $428,696,000 after purchasing an additional 182,773 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Insperity by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 422,163 shares of the business services provider's stock worth $38,505,000 after buying an additional 14,095 shares during the period. Renaissance Technologies LLC purchased a new position in Insperity in the 2nd quarter worth $5,536,000. Markel Group Inc. lifted its position in Insperity by 32.6% during the 3rd quarter. Markel Group Inc. now owns 70,143 shares of the business services provider's stock worth $6,173,000 after acquiring an additional 17,237 shares during the period. Finally, Harbor Capital Advisors Inc. grew its stake in Insperity by 69.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 105,952 shares of the business services provider's stock valued at $9,324,000 after purchasing an additional 43,597 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

Insperity Stock Up 0.7 %

NYSE:NSP traded up $0.51 during mid-day trading on Thursday, hitting $73.67. The stock had a trading volume of 41,680 shares, compared to its average volume of 281,235. The company has a market capitalization of $2.75 billion, a PE ratio of 23.10, a PEG ratio of 2.04 and a beta of 1.12. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.95. The stock has a 50-day simple moving average of $83.80 and a two-hundred day simple moving average of $91.39. Insperity, Inc. has a twelve month low of $71.69 and a twelve month high of $119.40.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on NSP shares. William Blair lowered Insperity from an "outperform" rating to a "market perform" rating in a research report on Tuesday, September 24th. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a report on Tuesday, October 22nd. They set an "underweight" rating and a $90.00 target price for the company. Truist Financial decreased their price objective on shares of Insperity from $95.00 to $88.00 and set a "hold" rating on the stock in a report on Friday, November 1st. Finally, StockNews.com downgraded Insperity from a "buy" rating to a "hold" rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $95.67.

Insperity 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.