Insperity, Inc. (NSP): Michael W Brown , director of Insperity, Inc. sold 8,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $69.67 per share for a total value of $557,344.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Peter A Feld (director 10% owner) sold 467,720 shares at $69.48 per share price.On May 16, 2016, Jay E Mincks (EVP of Sales & Marketing) sold 6,000 shares at $65.99 per share price.Also, On May 13, 2016, Paul J Sarvadi (Chairman of the Board & CEO) sold 66,000 shares at $65.66 per share price.On May 11, 2016, Douglas S Sharp (SVP Finance, CFO & Treasurer) sold 3,345 shares at $66.54 per share price.
Shares of Insperity Inc (NSP) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.6 points or -0.86% at $69.2 with 8,46,208 shares getting traded. Post opening the session at $70.72, the shares hit an intraday low of $69.1201 and an intraday high of $70.8 and the price vacillated in this range throughout the day. The company has a market cap of $1,480 M and the number of outstanding shares has been calculated to be 2,13,86,048 shares. The 52-week high of Insperity Inc is $72.25 and the 52-week low is $41.77.
Company has been under the radar of several Street Analysts.Insperity Inc is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 59 from a previous price target of $50 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 29, 2016.
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.