Insperity: A High-Quality PEO Trading At A Cyclical Low

Core Insights - Insperity (NSP) is a founder-led company with a net-cash balance sheet that has historically generated strong returns on capital while returning a significant share of earnings to shareholders [1] Group 1 - The company has outperformed the S&P 500 index since inception in 2020 across multiple portfolios [1] - Insperity is evaluated as a business rather than just a stock ticker, with investments made when the market misprices the company [1] - The company has a strong historical performance in capital returns and shareholder earnings distribution [1]