Company shares are trading at $94.90 which is marginally higher than the 50 day moving average which is $89.88 and significantly above the 200 day moving average of $81.87. The 50 day moving average was up $5.02 or +5.58% whereas the 200 day moving average was up $13.03 or +15.92%. Trading volume for Insperity, Inc. was 147K by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 32.28% over the normal average daily volume.
Investors are more bullish on shares of Insperity, Inc. of late as indicated by the fall in short interest. The firm saw a fall in short interest of -1.44% as of the latest report on October 13, 2017. Short shares fell 2,789 over that period. The days to cover decreased to 2.0 and the percentage of shorted shares was 0.01% on October 13.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Victory Capital Management Inc had bought a total of 78,342 shares growing its stake by 5,421.6%. The value of the investment in (NSP) went from $103,000 to $7,022,000 a change of $6,919,000 for the reporting period. Aperio Group, LLC downsized its position by shedding 246 shares a decrease of 4.5% as of 09/30/2017. Aperio Group, LLC claims 5,205 shares with a value of $458,000. The value of the position overall is up by 18.3%.
As of quarter end Northwest Investment Counselors, LLC had acquired 233 shares growing its holdings by 1.8%. The value of the investment in Insperity, Inc. increased from $943,000 to $1,190,000 a change of 26.2% since the last quarter. As of the end of the quarter Simplex Trading, LLC had acquired a total of 102 shares growing its position 93.6%. The value of the investment in NSP went from $7,000 to $18,000 increasing 157.1% quarter to quarter.
On August 1, 2017 the stock rating was rated “Buy” by Roth Capital up from the previous “Buy” rating.
The company is so far trading up since yesterday’s close of $94.90. Additionally the company declared a dividend that was paid on Friday the 22nd of September 2017. The dividend payment was $0.300 per share for the quarter or $1.20 annualized. This dividend amount represented a yield of $1.25. The ex-dividend date was set for Thursday the 7th of September 2017.
The company currently has a P/E ratio of 27.48 and market capitalization is 1.98B. In the last earnings report the EPS was $3.45 and is estimated to be $4.55 for the current year with 20,846,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.90 and the next full year EPS is anticipated to be $5.17.
Insperity, Inc. (Insperity), launched on August 9, 1995, provides a range of human resources (HR) and business solutions. The Business’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, government compliance, performance management, and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC). In addition to its PEO HR Outsourcing solutions, the Company offers various other business performance solutions, including Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial and Expense Management Services, Retirement Services and Insurance Services, which are offered through desktop applications and cloud-based delivery models. These other products and services are offered separately, along with its PEO HR Outsourcing solutions or as a bundle, such as its Workforce Administration solution that provides a human capital management and payroll service solution..