Insight Enterprises, Inc. (NASDAQ:NSIT) Given Average Rating of “Hold” by Analysts

Shares of Insight Enterprises, Inc. (NASDAQ:NSIT) have received an average recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $100.00.

Several research analysts have weighed in on the stock. Canaccord Genuity Group set a $75.00 price objective on shares of Insight Enterprises in a report on Friday, May 8th. Raymond James Financial upgraded shares of Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a report on Thursday, May 7th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price objective for the company in a research note on Wednesday, May 27th. Finally, Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th.

Insight Enterprises Price Performance

NSIT stock opened at $106.38 on Monday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.17 and a current ratio of 1.22. The stock’s 50 day simple moving average is $78.38 and its 200 day simple moving average is $82.17. Insight Enterprises has a fifty-two week low of $63.62 and a fifty-two week high of $148.58. The company has a market cap of $3.21 billion, a P/E ratio of 18.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.43. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company posted $2.06 earnings per share. The business’s revenue was up 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, research analysts expect that Insight Enterprises will post 11.43 earnings per share for the current fiscal year.

Insider Activity at Insight Enterprises

In related news, CFO James A. Morgado acquired 2,290 shares of the stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of $87.25 per share, with a total value of $199,802.50. Following the completion of the purchase, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. This trade represents a 15.31% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.21% of the stock is currently owned by company insiders.

Institutional Trading of Insight Enterprises

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Insight Enterprises by 4.6% in the third quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker’s stock valued at $463,965,000 after purchasing an additional 179,599 shares during the last quarter. Morgan Stanley raised its holdings in shares of Insight Enterprises by 15.6% in the fourth quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock valued at $218,496,000 after purchasing an additional 362,258 shares during the last quarter. State Street Corp raised its holdings in shares of Insight Enterprises by 3.2% in the fourth quarter. State Street Corp now owns 1,183,203 shares of the software maker’s stock valued at $96,396,000 after purchasing an additional 36,566 shares during the last quarter. Paradigm Capital Management Inc. NY raised its holdings in shares of Insight Enterprises by 17.9% in the first quarter. Paradigm Capital Management Inc. NY now owns 955,933 shares of the software maker’s stock valued at $64,057,000 after purchasing an additional 145,169 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Insight Enterprises by 11.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 906,400 shares of the software maker’s stock valued at $73,847,000 after purchasing an additional 94,877 shares during the last quarter.

Insight Enterprises Company Profile

Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight’s expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.

At the core of Insight’s business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.