August 16, 2025

Insperity Announces Dual Listing on NYSE Texas

News Summary

Insperity, Inc. has made a significant move by announcing a dual listing of its stock on NYSE Texas while maintaining its primary listing on the New York Stock Exchange. The company, known for its HR solutions, aims to tap into a larger investor base while strengthening its roots in Texas. Despite recent challenges, including an earnings miss, Insperity’s strategic decisions highlight their commitment to growth in the professional employer organization sector.

Texas – Insperity, Inc. (NYSE: NSP), a prominent provider of human resources and business performance solutions, has officially announced the dual listing of its common stock on NYSE Texas. This strategic move enables Insperity to trade under the same “NSP” ticker symbol on both the New York Stock Exchange (NYSE) and the newly added NYSE Texas, a fully electronic equities exchange based in Dallas. The company plans to retain its primary listing on the NYSE while expanding its presence in Texas.

The dual listing is particularly significant given Insperity’s foundational history in Texas, where the company was established in 1986. Insperity’s mission centers around providing support for small and midsize businesses, making this dual listing a logical progression in its growth strategy. Paul Sarvadi, the chairman and CEO of Insperity, expressed the company’s pride in being a Founding Member of NYSE Texas, highlighting the importance of the exchange in fostering business growth and entrepreneurship within the state.

In supporting this initiative, NYSE Group’s Chief Development Officer, Chris Taylor, noted that Insperity’s innovative solutions for human resources are a great fit for the NYSE Texas community. The company is particularly known for its scalable HR solutions, which cater to a diverse range of businesses across various industries.

Insperity has recently reported revenues totaling $6.6 billion for the fiscal year 2024, underscoring its robust operational model and the efficacy of its HR solutions. The company operates over 100 sales offices nationwide, further establishing its footprint as a critical player in the Professional Employer Organization (PEO) industry.

This announcement comes as Insperity faces challenges following a disappointing earnings report, where the company posted an earnings per share (EPS) of $0.26, significantly below analysts’ expectations of $0.41. The lower-than-expected earnings led to investor concerns, prompting Roth/MKM to reduce its price target for Insperity shares from $85 to $74 while still maintaining a Buy rating. In response to the earnings miss and the subsequent reduction in forward guidance, Insperity shares have seen a noteworthy selloff of approximately 25%.

The dual listing on NYSE Texas represents Insperity’s proactive strategy to enhance its market presence and leverage the local business environment that is increasingly supportive of entrepreneurial ventures. As more companies pursue dual listings, this trend may signal a broader movement that aligns with regional economic goals and innovation.

Overall, Insperity’s decision to list on NYSE Texas and its continued operations on the NYSE not only reflects the company’s commitment to its roots but also positions it for growth and stability in an ever-evolving market landscape. As the company navigates the aftermath of its recent earnings report, its dual exchange listing could provide an opportunity for renewed investor engagement and confidence in its long-term objectives.

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