2,745 Shares in Insperity, Inc. (NYSE:NSP) Bought by Florida Financial Advisors LLC

Florida Financial Advisors LLC purchased a new stake in Insperity, Inc. (NYSE:NSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,745 shares of the business services provider’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NSP. Vanguard Group Inc. lifted its stake in shares of Insperity by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 4,008,334 shares of the business services provider’s stock valued at $310,686,000 after buying an additional 167,560 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Insperity by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,332,056 shares of the business services provider’s stock valued at $103,248,000 after acquiring an additional 71,288 shares in the last quarter. State Street Corp lifted its position in shares of Insperity by 0.9% in the 3rd quarter. State Street Corp now owns 1,287,058 shares of the business services provider’s stock worth $113,261,000 after acquiring an additional 11,123 shares during the period. Reinhart Partners LLC. grew its holdings in shares of Insperity by 8.3% during the 4th quarter. Reinhart Partners LLC. now owns 1,171,843 shares of the business services provider’s stock worth $90,830,000 after purchasing an additional 89,809 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Insperity by 16.7% during the third quarter. Geode Capital Management LLC now owns 968,634 shares of the business services provider’s stock valued at $85,254,000 after purchasing an additional 138,837 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Insperity news, COO Arthur A. Arizpe sold 6,000 shares of the business’s 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 transaction, the chief operating officer now owns 72,551 shares of the company’s stock, valued at approximately $6,143,618.68. The trade was a 7.64 % 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 this hyperlink. Also, CEO Paul J. Sarvadi sold 25,000 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were 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 owns 436,584 shares of the company’s stock, valued at approximately $36,812,762.88. This trade 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 owned by corporate insiders.

Insperity Trading Down 0.9 %

Shares of NSP opened at $88.17 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 3.80. The stock has a market cap of $3.28 billion, a PE ratio of 36.59 and a beta of 1.02. Insperity, Inc. has a 1 year low of $68.79 and a 1 year high of $110.72. The stock has a 50 day simple moving average of $83.57 and a 200-day simple moving average of $82.33.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.72%. Insperity’s payout ratio is presently 99.59%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Insperity has an average rating of “Hold” and a consensus target price of $95.67.

Insperity Company 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.