Insperity, Inc.: A Closer Look at Recent Financial Activity and Performance

Date: September 20, 2023

In the first quarter of this year, Prelude Capital Management Llc made a strategic move by purchasing a new position in Insperity, Inc. (NYSE:NSP). According to the Securities and Exchange Commission (SEC) filing, the firm acquired 1,901 shares of Insperity’s stock with an estimated value of approximately $231,000. This development has piqued interest among industry analysts and investors alike, as they closely monitor the company’s financial performance.

Recent Earnings Results:

Insperity recently announced its earnings results for the quarter ending on August 1st. The business services provider reported earnings per share (EPS) of $0.33 for the period, falling short of market expectations by $0.56 per share. Moreover, revenue for the quarter stood at $1.59 billion compared to a consensus estimate of $1.54 billion.

Analyzing Profitability and Expectations:

Despite missing EPS estimates, Insperity demonstrated solid profitability metrics during the reported period. With a return on equity (ROE) of 180.77% and a net margin of 2.92%, the company displayed strong financial management capabilities in generating profits.

Future Forecasts:

Equities research analysts foresee Insperity posting an EPS of 3.74 for the current fiscal year based on their collective projections. While these estimates remain subject to various market dynamics and ongoing developments within the sector, they provide valuable insights into potential growth prospects.

Implications for Investors:

The recent acquisition by Prelude Capital Management LLC highlights growing interest in Insperity’s stock as an investment opportunity within the business services sector. Investors are advised to conduct thorough due diligence before making any investment decisions related to NSP stock or any other security.

Conclusion:

Insperity has attracted attention from Prelude Capital Management LLC due to its potential for growth and profitability within the business services industry. Although the company’s recent earnings results fell short of market expectations, its solid financial performance indicators reflect steady progress. Investors are advised to monitor Insperity’s future performance closely and consult with financial advisors to make informed investment decisions.

Disclaimer: The information provided in this article is based on publicly available information as of September 20, 2023. It should not be considered financial advice and readers are encouraged to conduct their own research and consult with a professional investment advisor before making any investment decisions.

Recent Holdings Modifications in Insperity, Inc. by Hedge Funds and Institutional Investors

Insperity, Inc., a business services provider, has seen some recent modifications in the holdings of various hedge funds. Raymond James & Associates increased its holdings in Insperity by 15.2% during the first quarter, now owning 27,160 shares valued at $2,727,000. American Century Companies Inc. also lifted its holdings by 20.6%, bringing its total to 5,539 shares valued at $556,000. Rhumbline Advisers increased its holdings by 2.9%, reaching 103,906 shares valued at $10,434,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS saw a lift of 10.1% in their holdings and now owns 13,067 shares valued at $1,312,000. Lastly, Great West Life Assurance Co. Can boosted its holdings by 9.1%, resulting in ownership of 20,955 shares worth $2,164,000.

Institutional investors and hedge funds currently own 91.05% of Insperity’s stock.

Trading on the New York Stock Exchange (NYSE) under the ticker symbol NSP opened on Wednesday at $95.82 per share. The company boasts a debt-to-equity ratio of 2.83 and a current ratio and quick ratio both standing at 1.20 each. With a market cap of $3.65 billion and a price-earnings ratio (PE) of 20.17 along with a beta of 1.22 indicating moderate volatility; Insperity has had a year low share price of $93.88 and a high of $131.09.

Moreover, Insperity recently announced that it will be paying out a quarterly dividend on Friday September 22nd to registered shareholders as of Friday September 8th in the amount of $0 .57 per share which represents an annualized dividend of $2.28 and a yield of 2.38%. The ex-dividend date is set for Thursday, September 7th. As such, Insperity’s dividend payout ratio currently stands at 48.00%.

Several analyst reports have also been released on NSP in recent times. StockNews.com initiated coverage on Insperity, granting it a “hold” rating in their report published on Friday, August 18th. Additionally, 51job reaffirmed a “reiterates” rating for Insperity shares in a research note released on Thursday, June 15th. Truist Financial decreased their price target from $128.00 to $110.00 and assigned a “hold” rating for the company in their research note published on Wednesday, August 2nd. Lastly, Robert W. Baird reduced their price target from $131.00 to $120.00 in their research note on Tuesday, May 30th.

As of now this information stands as the most up-to-date data available concerning Insperity’s recent developments and future prospects within its industry segment.

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