Copper Rock Capital Partners buys $37,134,628 stake in Insperity Inc (NSP)

Insperity Inc (NSP) : Copper Rock Capital Partners scooped up 7,257 additional shares in Insperity Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 468,990 shares of Insperity Inc which is valued at $37,134,628.Insperity Inc makes up approximately 2.70% of Copper Rock Capital Partners’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management boosted its stake in NSP in the latest quarter, The investment management firm added 228,193 additional shares and now holds a total of 740,042 shares of Insperity Inc which is valued at $58,596,526. Insperity Inc makes up approx 0.29% of Acadian Asset Management’s portfolio.Eqis Capital Management boosted its stake in NSP in the latest quarter, The investment management firm added 114 additional shares and now holds a total of 8,876 shares of Insperity Inc which is valued at $702,979. Insperity Inc makes up approx 0.05% of Eqis Capital Management’s portfolio.Capstone Asset Management Co reduced its stake in NSP by selling 250 shares or 4.55% in the most recent quarter. The Hedge Fund company now holds 5,250 shares of NSP which is valued at $409,290. Insperity Inc makes up approx 0.01% of Capstone Asset Management Co’s portfolio. Cutler Group Lp added NSP to its portfolio by purchasing 262 company shares during the most recent quarter which is valued at $20,426.Bnp Paribas Arbitrage Sa boosted its stake in NSP in the latest quarter, The investment management firm added 2,570 additional shares and now holds a total of 5,614 shares of Insperity Inc which is valued at $430,818.

Insperity Inc opened for trading at $78.97 and hit $79.38 on the upside on Wednesday, eventually ending the session at $79.18, with a gain of 0.25% or 0.2 points. The heightened volatility saw the trading volume jump to 1,45,088 shares. Company has a market cap of $1,693 M.

On the company’s financial health, Insperity Inc reported $1.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on May 2, 2016. Analyst had a consensus of $1.47. The company had revenue of $802.40 million for the quarter, compared to analysts expectations of $807.98 million. The company’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.

Many Wall Street Analysts have commented on Insperity Inc. First Analysis Sec Downgraded Insperity Inc on Jul 7, 2016 to ” Equal-Weight”, Price Target of the shares are set at $84.Company shares were Upgraded by Robert W. Baird on Apr 29, 2016 to ” Outperform”, Firm has raised the Price Target to $ 59 from a previous price target of $50 .

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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