William Blair analyst Andrew Nicholas has maintained their neutral stance on NSP stock, giving a Hold rating yesterday.
Andrew Nicholas has given his Hold rating due to a combination of factors impacting Insperity’s financial performance. The company’s first-quarter results showed a significant shortfall in gross profit, primarily driven by higher-than-expected benefits costs. This resulted in adjusted earnings per share falling notably below expectations, which in turn led to a sharp decline in the stock price.
Furthermore, the ongoing challenges with Worksite Employee (WSEE) trends and uncertainties surrounding the return on investment from its joint solution with Workday contribute to the cautious outlook. Although management is taking steps to address pricing and cost alignment, these adjustments are not expected to take full effect until early 2026. Given these uncertainties and the current market conditions, Andrew Nicholas maintains a Hold rating on Insperity’s stock.
In another report released yesterday, Truist Financial also maintained a Hold rating on the stock with a $70.00 price target.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NSP in relation to earlier this year.