Yahoo Finance Insider Sale: Director John Morphy Sells Shares of Insperity Inc (NSP)
Director John Morphy of Insperity Inc (NYSE:NSP) executed a sale of 3,300 shares of the company on May 23, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 7,633 shares of the company. The shares were sold at a price of $102.42, valuing the transaction at approximately $338,000.
Insperity Inc (NYSE:NSP) provides an array of human resources and business solutions designed to help improve business performance. Their offerings include Workforce Optimization and Workforce Synchronization solutions, which encompass a broad range of human resources functions.
Over the past year, John Morphy has sold a total of 4,800 shares of the company and has not made any purchases. The insider transaction history for Insperity Inc shows a total of 16 insider sells and no insider buys over the past year.
Shares of Insperity Inc were trading at $102.42 on the day of the transaction, giving the company a market cap of $3.772 billion. The price-earnings ratio of the company stands at 24.49, which is above the industry median of 17.79.
The stock is currently considered Modestly Undervalued with a price-to-GF Value ratio of 0.78, based on a GF Value of $131.27. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
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This article first appeared on GuruFocus.
