Insperity, Inc. (NYSE:NSP) Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 785,134 shares of the business services provider's stock after acquiring an additional 42,792 shares during the period. Sei Investments Co. owned about 2.10% of Insperity worth $60,858,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NSP. Assetmark Inc. grew its stake in Insperity by 11.6% during the 4th quarter. Assetmark Inc. now owns 2,032 shares of the business services provider's stock valued at $158,000 after purchasing an additional 211 shares in the last quarter. Xponance Inc. boosted its stake in shares of Insperity by 4.5% during the 4th quarter. Xponance Inc. now owns 5,080 shares of the business services provider's stock valued at $394,000 after buying an additional 220 shares during the last quarter. UMB Bank n.a. grew 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 buying an additional 267 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Insperity by 493.2% in the fourth quarter. Jones Financial Companies Lllp now owns 350 shares of the business services provider's stock worth $27,000 after buying an additional 291 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Insperity in the third quarter valued at $32,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other news, CEO Paul J. Sarvadi sold 25,000 shares of the company's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $84.32, for a total transaction of $2,108,000.00. Following the completion of the transaction, the chief executive officer now directly owns 436,584 shares of the company's stock, valued at approximately $36,812,762.88. This represents a 5.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Arthur A. Arizpe sold 6,000 shares of the firm's 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. The trade was a 7.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.50% of the stock is owned by company insiders.

Insperity Stock Performance

Shares of NYSE NSP traded up $0.44 during trading on Thursday, reaching $89.45. The stock had a trading volume of 332,589 shares, compared to its average volume of 311,077. 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 PE ratio of 37.11 and a beta of 1.02. Insperity, Inc. has a one year low of $68.79 and a one year high of $110.72. The firm's 50 day moving average price is $83.81 and its two-hundred day moving average price is $82.38.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Thursday, March 13th. Insperity's dividend payout ratio is presently 99.59%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Insperity from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target 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.