Insperity, Inc. (NYSE:NSP) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its position in shares of Insperity, Inc. (NYSE:NSP) by 18.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,768 shares of the business services provider’s stock after selling 15,665 shares during the period. Victory Capital Management Inc. owned approximately 0.19% of Insperity worth $6,364,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sunriver Management LLC grew its stake in shares of Insperity by 23.4% in the 4th quarter. Sunriver Management LLC now owns 226,192 shares of the business services provider’s stock worth $26,514,000 after purchasing an additional 42,869 shares during the last quarter. Empowered Funds LLC acquired a new position in Insperity in the first quarter worth approximately $1,956,000. Ontario Teachers Pension Plan Board increased its holdings in shares of Insperity by 279.1% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 57,167 shares of the business services provider’s stock valued at $6,701,000 after buying an additional 42,088 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Insperity by 10.5% during the 1st quarter. ProShare Advisors LLC now owns 80,514 shares of the business services provider’s stock valued at $8,825,000 after acquiring an additional 7,626 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Insperity by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 3,911,104 shares of the business services provider’s stock worth $428,696,000 after acquiring an additional 182,773 shares in the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Stock Up 2.1 %

Shares of Insperity stock opened at $88.48 on Monday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.60. Insperity, Inc. has a 12-month low of $84.78 and a 12-month high of $119.40. The firm has a market capitalization of $3.32 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.37 and a beta of 1.12. The stock’s fifty day moving average is $93.69 and its 200-day moving average is $98.27.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the previous year, the company earned $0.33 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. Equities analysts anticipate that Insperity, Inc. will post 2.43 earnings per share for the current year.

Insperity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, September 5th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 5th. Insperity’s dividend payout ratio is 58.68%.

Insiders Place Their Bets

In other news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the sale, the chief executive officer now owns 509,129 shares in the company, valued at $46,956,967.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 5.50% of the company’s stock.

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.