Insight Enterprises, Inc. (NASDAQ:NSIT) Stock Has Consensus Price Target of $147.50 According to Analysts

Insight Enterprises, Inc. (NASDAQ:NSIT) has received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $147.50.

NSIT has been the topic of several analyst reports. Wall Street Zen downgraded shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Weiss Ratings raised shares of Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Raymond James Financial restated an “outperform” rating and set a $175.00 target price on shares of Insight Enterprises in a research report on Thursday, August 6th. Zacks Research lowered Insight Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Finally, Barrington Research set a $180.00 target price on Insight Enterprises in a research note on Monday, August 10th.

Insider Activity

In related news, General Counsel Karim Adatia sold 248 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $157.40, for a total transaction of $39,035.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.21% of the company’s stock.

Hedge Funds Weigh In On Insight Enterprises

Several hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Insight Enterprises during the second quarter worth $587,162,000. Paradigm Capital Management Inc. NY bought a new position in shares of Insight Enterprises in the second quarter worth about $116,563,000. Bank of America Corp DE increased its stake in Insight Enterprises by 24.4% in the 1st quarter. Bank of America Corp DE now owns 316,014 shares of the software maker’s stock worth $21,176,000 after buying an additional 62,060 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Insight Enterprises by 6.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 265,601 shares of the software maker’s stock worth $17,856,000 after buying an additional 15,092 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in Insight Enterprises in the 2nd quarter worth about $26,602,000.

Insight Enterprises Trading Down 0.3%

NSIT stock opened at $177.84 on Thursday. Insight Enterprises has a twelve month low of $63.62 and a twelve month high of $182.12. The stock has a market capitalization of $5.22 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 1.28 and a beta of 1.06. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.92. The firm’s fifty day simple moving average is $160.18 and its two-hundred day simple moving average is $112.32.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.93. The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the business earned $2.45 EPS. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. As a group, analysts anticipate that Insight Enterprises will post 11.50 earnings per share for the current year.

Insight Enterprises Company Profile

Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.

Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.