Insider Buying: Insperity (NYSE:NSP) CEO Acquires 25,000 Shares of Stock

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Insperity CEO Paul Sarvadi purchased 25,000 shares of the company’s stock for $590,000 on March 19, increasing his total holdings to 997,912 shares. This insider buying occurred despite the company missing quarterly earnings expectations, reporting a negative EPS, and having a high dividend yield with a negative payout ratio. Analysts currently have an average “Reduce” rating on the stock with an average target price of $47.50.

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