Insperity, Inc. (NSP): Arthur A Arizpe , EVP of Client Services and COO of Insperity, Inc. sold 6,000 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $70.50 per share for a total value of $423,000.00 , 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 26, 2016, Michael W Brown (director) sold 8,000 shares at $69.67 per share price.On May 25, 2016, Peter A Feld (director 10% owner) sold 467,720 shares at $69.48 per share price.Also, On May 16, 2016, Jay E Mincks (EVP of Sales & Marketing) sold 6,000 shares at $65.99 per share price.On May 13, 2016, Paul J Sarvadi (Chairman of the Board & CEO) sold 66,000 shares at $65.66 per share price.
Insperity Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Insperity Inc which led to swings in the share price. The shares opened for trading at $70.5 and hit $71.45 on the upside , eventually ending the session at $71.17, with a gain of 0.81% or 0.57 points. The heightened volatility saw the trading volume jump to 4,18,559 shares. The 52-week high of the share price is $72.25 and the company has a market cap of $1,522 M . The 52-week low of the share price is at $41.77.
On May 23, 2016, Insperity Inc announced a cash dividend of $0.2500. The company’s management has announced Jun 3, 2016 as the ex-dividend date and fixed the record date on Jun 7, 2016. The payable date has been fixed on Jun 21, 2016.
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.