Atria Investments Inc Raises Stock Holdings in Insperity, Inc. (NYSE:NSP)

Atria Investments Inc increased its holdings in shares of Insperity, Inc. (NYSE:NSP) by 9.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 4,672 shares of the business services provider’s stock after acquiring an additional 389 shares during the period. Atria Investments Inc’s holdings in Insperity were worth $411,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. nVerses Capital LLC purchased a new stake in shares of Insperity in the second quarter valued at approximately $64,000. EntryPoint Capital LLC raised its position in Insperity by 164.3% during the 1st quarter. EntryPoint Capital LLC now owns 859 shares of the business services provider’s stock valued at $94,000 after purchasing an additional 534 shares in the last quarter. Quarry LP increased its stake in shares of Insperity by 205.6% during the second quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock valued at $99,000 after buying an additional 732 shares during the period. Accordant Advisory Group Inc purchased a new position in shares of Insperity during the second quarter valued at $109,000. Finally, Point72 DIFC Ltd bought a new stake in shares of Insperity in the second quarter valued at about $179,000. Institutional investors own 93.44% of the company’s stock.

Insperity Stock Up 0.9 %

NYSE:NSP opened at $73.84 on Friday. The company’s 50-day simple moving average is $83.80 and its 200-day simple moving average is $91.39. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.16 and a current ratio of 1.16. Insperity, Inc. has a fifty-two week low of $71.69 and a fifty-two week high of $119.40. The stock has a market capitalization of $2.76 billion, a P/E ratio of 23.10, a P/E/G ratio of 2.04 and a beta of 1.12.

Analyst Ratings Changes

NSP has been the topic of a number of research reports. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price on the stock. William Blair downgraded shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. Truist Financial reduced their price objective on shares of Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Finally, StockNews.com cut Insperity from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $95.67.

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.