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HOUSTON - Insperity, Inc. (NYSE:NSP), a $2 billion market cap company whose shares have declined nearly 40% over the past six months according to InvestingPro data, announced Thursday it has dual listed its common stock on NYSE Texas, the Dallas-headquartered electronic equities exchange, while maintaining its primary listing on the New York Stock Exchange.
The human resources and business performance solutions provider will continue trading under its NSP ticker symbol on both exchanges, according to a company press release.
"We’re proud to be a Founding Member of this innovative new platform in Texas, the state where Insperity began and has thrived since 1986," said Paul Sarvadi, Insperity’s chairman and chief executive officer.
Chris Taylor, Chief Development Officer at NYSE Group, stated that Insperity’s "premier offerings of scalable HR solutions make them a strong addition to our NYSE Texas community of Founding Members."
Insperity, founded in 1986, offers HR solutions for businesses and reported revenues of $6.6 billion in 2024. The company operates more than 100 sales offices throughout the United States.
The dual listing represents a connection to the company’s Texas roots, where it was founded and has operated for nearly four decades. Insperity will maintain the same NSP ticker symbol across both exchanges.
In other recent news, Insperity Inc. reported its second-quarter 2025 earnings, which showed a significant miss in earnings per share (EPS) compared to analysts’ forecasts. The company posted an EPS of $0.26, falling short of the expected $0.41, marking a 36.59% shortfall. This earnings miss has raised investor concerns about the company’s financial performance and future outlook. Following the earnings announcement, Roth/MKM lowered its price target for Insperity to $74 from $85, although it maintained a Buy rating on the company. The price target reduction was influenced by a substantial selloff of approximately 25% in Insperity shares after the company cut its forward guidance. These developments highlight the challenges Insperity is facing in meeting market expectations.
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