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Arthur A. Arizpe, the President and COO of Insperity, Inc. (NYSE:NSP), a $3.26 billion market cap company with a GOOD financial health rating according to InvestingPro, recently sold a portion of his holdings in the company. On March 10, Arizpe disposed of 1,465 shares of common stock at a weighted average price of $95.11, generating a total value of approximately $139,336. The transaction saw prices ranging from $95.00 to $95.39 per share, near the upper end of the stock’s 52-week range of $68.79 to $110.72. The company, currently trading at a P/E ratio of 36.7x, has maintained dividend payments for 21 consecutive years. Following this sale, Arizpe directly owns 83,097 shares of Insperity. Additionally, he holds an indirect interest in 109,808 shares through S.C.A. Legacy, Ltd., a company managed by Arizpe Management, LLC. For comprehensive insider trading analysis and additional ProTips, visit InvestingPro.
In other recent news, Insperity, Inc. reported strong fourth-quarter results that exceeded expectations, resulting in a 6.3% increase in its stock. The company announced adjusted earnings per share of $0.05 for Q4, surpassing analyst estimates of $0.02. Revenue for the quarter was $1.61 billion, slightly above the consensus forecast of $1.6 billion, marking a 2% year-over-year increase. For the full year 2024, Insperity’s revenue rose by 1% to $6.6 billion, while adjusted earnings per share declined from $5.52 in 2023 to $3.58. The company also shared an optimistic outlook for 2025, projecting Q1 earnings per share between $1.89 and $2.15, which is higher than the consensus of $2.02. For the full year 2025, Insperity forecasts earnings per share in the range of $3.10 to $3.95, compared to analyst estimates of $3.67. CEO Paul J. Sarvadi expressed satisfaction with the company’s performance and expects to continue this momentum into 2025. These developments have been positively received by investors, despite the challenges faced in 2024.
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