Insperity, Inc. (NSP) was a big mover last session, as the company saw its shares rise over 13% on the day. The upside came after activist investor Starboard Value reported a 13.2% ownership stake in the company. This led to more shares changing hands than in a normal session. This continues yesterday’s uptrend for the company — as the stock is now up more than 24% since Jan 2.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Insperity currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked staffing stock is Resources Connection Inc. (RECN) sporting a Zacks Rank #1 (Strong Buy).
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