Copper Rock Capital Partners Lowers stake in Insperity Inc (NSP)

Insperity Inc (NSP) : Copper Rock Capital Partners reduced its stake in Insperity Inc by 0.39% during the most recent quarter end. The investment management company now holds a total of 461,733 shares of Insperity Inc which is valued at $23.8 Million after selling 1,810 shares in Insperity Inc according to a report filed by the company on Apr 5, 2016 with the SEC.Insperity Inc makes up approximately 2.09% of Copper Rock Capital Partners’s portfolio.

On the company’s financial health, Insperity Inc reported $0.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.09 based on the information available during the earnings call on Feb 12, 2016. Analyst had a consensus of $0.42. The company had revenue of $650.00 million for the quarter, compared to analysts expectations of $671.23 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Many Wall Street Analysts have commented on Insperity Inc. First Analysis Sec Upgraded Insperity Inc on Feb 16, 2016 to ” Overweight”, Price Target of the shares are set at $58.

Insperity Inc opened for trading at $51.65 and hit $52.62 on the upside on Monday, eventually ending the session at $51.62, with a gain of 0.47% or 0.24 points. The heightened volatility saw the trading volume jump to 1,37,604 shares. Company has a market cap of $1,097 M.

Insperity Inc. (Insperity) provides an array of human resources (HR) and business performance solutions. The Company’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. In addition to its PEO HR Outsourcing solutions the Company offers 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 (collectively Strategic Businesses) many of which are offered through desktop applications and cloud-based delivery models.

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