Insperity, Inc. (NYSE:NSP) Holdings Lowered by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in shares of Insperity, Inc. (NYSE:NSP - Free Report) by 22.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 89,130 shares of the business services provider's stock after selling 26,458 shares during the quarter. Victory Capital Management Inc. owned about 0.24% of Insperity worth $6,908,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of NSP. Janney Montgomery Scott LLC grew 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 purchasing an additional 733 shares during the period. Atria Investments Inc boosted its holdings in 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 acquiring an additional 389 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in Insperity by 9.2% in the 3rd 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 during the period. State of New Jersey Common Pension Fund D boosted its holdings in Insperity by 10.4% in 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 acquiring an additional 1,987 shares during the period. Finally, Versor Investments LP purchased a new position in Insperity in the 3rd quarter worth approximately $370,000. Hedge funds and other institutional investors own 93.44% of the company's stock.

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Insider Activity 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 stock was sold at an average price of $84.68, for a total value of $508,080.00. Following the sale, the chief operating officer now directly owns 72,551 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Paul J. Sarvadi sold 25,000 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 436,584 shares in the company, valued at $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. Corporate insiders own 5.50% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Insperity currently has an average rating of "Hold" and a consensus price target of $95.67.

Insperity Stock Up 2.3 %

Shares of NSP traded up $2.01 during trading on Tuesday, reaching $90.29. The company's stock had a trading volume of 325,069 shares, compared to its average volume of 303,593. The company has a fifty day moving average of $82.07 and a two-hundred day moving average of $82.44. Insperity, Inc. has a twelve month low of $68.79 and a twelve month high of $110.72. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 37.47 and a beta of 1.02. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 3.80.

Insperity Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Thursday, March 13th. Insperity's dividend payout ratio is currently 99.59%.

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.