Credit and interest ratesnegative · 2 filings
“Interest expense decreased $3 million in YTD 2025 compared to YTD 2024 due to decreases in interest rates charged on borrowings under our credit facility.”10-Q · Nov 4, 2025 ↗
Insperity, Inc.
NSP
Market read
Insperity, Inc.'s move is spreading beyond its market group.
NSP accounts for 1.3% of the group's measured movement across 10.0 effective names. raw member direction is mixed; 10 of 12 session-normalized paths align to the upside. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
Session-normalized 5m pathsIs this move genuinely shared?
Role in the moveCounter-move#11 of 12 by movement share
Group movement share1.3%Absolute path energy—not portfolio weight
Relative path-0.26%counter
Effective breadth10.0 / 12broad
Relative alignment10/12upside path · 2 counter-moving
Capital-flow agreement12%not yet clean
SEQUENCE READ
No material onset for NSP could be timestamped inside the aligned 5-minute window.
EVIDENCE COVERAGE
5 of 16 members in Real Estate Services are active. 0 of 2 disclosed connections are confirming.
What would change this read
Watch this read- At least 11 of 16 durable members become active together.
- Capital-flow agreement rises above 55%.
- JBGS remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 5 of 16 members or fewer.
Research brief
The story so far
NSP accounts for 1.3% of the group's measured movement across 10.0 effective names. raw member direction is mixed; 10 of 12 session-normalized paths align to the upside. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 11 of 16 durable members become active together.
- Capital-flow agreement rises above 55%.
- JBGS remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements37
Verified relationships2
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Operating margin changed -1.9 percentage points in the latest annual period.
- Net margin changed -1.5 percentage points in the latest annual period.
Questions before a position
- EV/sales is 66% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
49.636m+134.9%12m-8.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$5.0B+16.0%$3.18-0.4%
2022-12-31$5.9B+19.4%$4.64+0.3%
2023-12-31$6.5B+9.2%$4.47-2.6%
2024-12-31$6.6B+1.5%$2.42+0.0%
2025-12-31$6.8B+3.5%$-0.19+0.0%
What management says matters
Persistent and emerging business drivers
Supply chain and availabilitypositive · 2 filings
“The $85 per WSEE per month increase in direct costs is due primarily to the direct cost component changes as follows: Benefits costs • The cost of group health insurance and related employee benefits increased $60 per WSEE per month and increased 9.1% on a co…”10-Q · Nov 4, 2025 ↗
Restructuring and cost reductionsmixed · 1 filings
“Insperity | 2026 First Quarter Form 10-Q 28 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Restructuring charges for Q1 2026 were $9 million, or $10 per WSEE per month, primarily due to severance costs, which were rela…”10-Q · May 1, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.3× · EV/sales 0.2×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
49.63-0.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NSP. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NSP. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NSP
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
WDAYWorkday, Inc.partnerMay 1, 2026 ▾
“General and administrative expenses — Our general and administrative expenses primarily include: ◦ rent expenses related to our service centers and sales offices ◦ outside professional service fees related to legal, consulting and accounting services ◦ admini…”
Depended on by
BBSIBarrett Business Services, Inc.competitorFeb 26, 2026 ▾
“BBSI is not aware of reliable statistics regarding the number of its competitors, but certain large, well-known companies typically compete with us in the same markets and have greater financial and marketing resources than we do, including Automatic Data Pro…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NSP is currently a Participant in the organic co-movement group Real Estate Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.