Insperity Inc(NYSE:NSP) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 1, 2016. Company reported revenue of $707.33M. Analysts estimated a revenue of $720.85M. Earnings per share were $0.60. Analysts had estimated an EPS of $0.59.
In a different note, On Jul 7, 2016, First Analysis said it Downgrades its rating on Insperity Inc. The shares have been rated ‘Equal Weight’ by the firm.
Insperity Inc (NSP) shares turned negative on Mondays trading session with the shares closing down -1.77 points or -2.59% at a volume of 2,35,336. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $68.225. The peak price level was also seen at $68.225 while the days lowest was $66.27. Finally the shares closed at $66.65. The 52-week high of the shares is $82.18 while the 52-week low is $41.77. According to the latest information available, the market cap of the company is $1,426 M.
Several Insider Transactions has been reported to the SEC. On Jun 9, 2016, Austin P Young (director) sold 5,000 shares at $74.18 per share price.Also, On Jun 3, 2016, Peter A Feld (director) sold 313,918 shares at $72.49 per share price.On May 31, 2016, Arthur A Arizpe (EVP of Client Services and COO) sold 6,000 shares at $70.50 per share price, according to the Form-4 filing with the securities and exchange commission.
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.