13GD Alert: Insperity, Inc Has Another Bullish Trade, Jeffrey Smith’s Starboard Value Lp Bought Stake!

13GD Alert: Insperity, Inc Has Another Bullish Trade, Jeffrey Smith's Starboard Value Lp Bought Stake!

The New Jeffrey Smith’s Starboard Value Lp Holding in Insperity, Inc

Starboard Value Lp filed with the SEC SC 13D/A form for Insperity, Inc. The form can be accessed here: 000092189516006194. As reported in Jeffrey Smith’s Starboard Value Lp’s form, the filler as of late owns 6% or 1,273,689 shares of the Industrials–company.

Insperity, Inc stake is a new one for the for the hedge fund and it was filed because of activity on November 15, 2016. We feel this shows Jeffrey Smith’s Starboard Value Lp’s positive view for the stock. For a hedge fund managing $2.57 billion in assets and having 15+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Jeffrey Smith’s Starboard Value Lp’s US equities portfolio is in this sector.

Insperity, Inc Institutional Sentiment

Latest Security and Exchange filings show 168 investors own Insperity, Inc. The institutional ownership in Q3 2015 is high, at 95.39% of the outstanding shares. This is decreased by 274 the total institutional shares. 20298476 were the shares owned by these institutional investors. In total 21 funds opened new Insperity, Inc stakes, 53 increased stakes. There were 29 that closed positions and 76 reduced them.

5 managers had the stock in their top Ten. Notable investors are: Winslow Asset Management Inc, Springbank Value Partners Lp, Copper Rock Capital Partners Llc, Value Holdings Lp, Strategic Investment Management Llc, Starboard Value Lp, Globeflex Capital L P..

Tim Curro Value Holdings Lp is an institutional investor bullish on Insperity, Inc, owning 145590 shares as of Q3 2015 for 4.63% of its portfolio. Tinicum Inc owns 103800 shares or 2.21% of its portfolio. NY Springbank Value Partners Lp have 4.96% of their stock portfolio for 58790 shares. Further, Starboard Value Lp reported stake worth 3.27% of its US stock portfolio. The CT Stadium Capital Management Llc owns 1096281 shares. Insperity, Inc is 17.65% of the manager’s US portfolio.

Business Profile

Insperity, Inc. (Insperity) provides an array of human resources (HR) and business 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, many of which are offered through desktop applications and cloud-based delivery models.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Jeffrey Smith’s Starboard Value Lp website.

Insitutional Activity: The institutional sentiment increased to 1.43 in 2016 Q2. Its up 0.79, from 0.64 in 2016Q1. The ratio increased, as 15 funds sold all Insperity Inc shares owned while 64 reduced positions. 51 funds bought stakes while 62 increased positions. They now own 17.19 million shares or 1.44% less from 17.45 million shares in 2016Q1.

Moreover, Counsel Port Svcs has 0.13% invested in Insperity Inc (NYSE:NSP) for 16,808 shares. The New Jersey-based Kcg has invested 0.01% in Insperity Inc (NYSE:NSP). Citigroup has 10,069 shares for 0% of their US portfolio. Clarivest Asset Llc has invested 0.1% of its portfolio in Insperity Inc (NYSE:NSP). Oppenheimer & holds 4,000 shares or 0.01% of its portfolio. River Road Asset Limited Company reported 212,168 shares or 0.35% of all its holdings. Millennium Management Ltd accumulated 115,210 shares or 0.02% of the stock. Federated Investors Pa last reported 9,817 shares in the company. Moreover, Hsbc Public Limited Com has 0% invested in Insperity Inc (NYSE:NSP) for 5,988 shares. Amer Intll owns 11,774 shares or 0% of their US portfolio. Los Angeles Capital Mgmt And Equity Research Inc has invested 0.01% of its portfolio in Insperity Inc (NYSE:NSP). Geode Cap Lc, a Massachusetts-based fund reported 182,254 shares. Teacher Retirement Systems Of Texas accumulated 0% or 2,080 shares. First Tru Advsr L P has 0% invested in the company for 17,036 shares. Moreover, Rothschild Asset Incorporated has 0.39% invested in Insperity Inc (NYSE:NSP) for 279,461 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 insider buys, and 14 insider sales for $85.69 million net activity. 8,000 shares with value of $557,344 were sold by BROWN MICHAEL W on Wednesday, May 25. 2,000 shares were sold by MINCKS JAY E, worth $138,000. Feld Peter A sold $16.20 million worth of stock. $200,250 worth of shares were sold by Herink Daniel D on Wednesday, August 24. The insider SHARP DOUGLAS S sold $286,200. 5,000 shares were sold by YOUNG AUSTIN P, worth $370,900. Shares for $423,000 were sold by ARIZPE ARTHUR A.

The stock decreased 0.42% or $0.3 during the last trading session, hitting $70.85. Insperity Inc (NYSE:NSP) has risen 35.34% since April 14, 2016 and is uptrending. It has outperformed by 30.65% the S&P500.

Insperity, Inc. provides an array of human resources (HR) and business solutions. The company has a market cap of $1.48 billion. 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. It has a 24.4 P/E ratio.

Insperity Inc (NYSE:NSP) Ratings Coverage

Out of 3 analysts covering Insperity Inc (NYSE:NSP), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Insperity Inc has been the topic of 3 analyst reports since February 16, 2016 according to StockzIntelligence Inc. First Analysis upgraded Insperity Inc (NYSE:NSP) on Tuesday, February 16 to “Overweight” rating. The rating was maintained by Roth Capital on Tuesday, May 3 with “Buy”. The rating was upgraded by Robert W. Baird on Friday, April 29 to “Outperform”.

More important recent Insperity Inc (NYSE:NSP) news were published by: Chron.com which released: “Insperity opens Indianapolis office” on November 14, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: Broadcom, Mentor Graphics and Insperity”, Wsj.com published: “Insperity Makes Deal to Accept Starboard Nominee, Add Another to Board” on May 19, 2016. More interesting news about Insperity Inc (NYSE:NSP) was released by: Businesswire.com and their article: “Insperity Announces Preliminary Results of Modified Dutch Auction Tender Offer” with publication date: January 08, 2016.

According to Zacks Investment Research, “Insperity, Inc., formerly known as Administaff, Inc., is engaged in providing an array of human resources and business solutions. Services offered by the Company includes Workforce Optimization in the marketplace, MidMarket Solutions, Performance Management, Expense Management, Time and Attendance, Organizational Planning, Employment Screening, Recruiting Services, Retirement Services, Business Insurance and Technology Services. Insperity, Inc. is headquartered in Kingwood, Texas.”

NSP Company Profile

Insperity, Inc. (Insperity), incorporated on August 9, 1995, provides an array of human resources (HR) and business 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, many of which are offered through desktop applications and cloud delivery models.

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