Kennedy Capital Management LLC Increases Stock Position in Insight Enterprises, Inc. $NSIT

Kennedy Capital Management LLC grew its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 36.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242,104 shares of the software maker’s stock after acquiring an additional 65,029 shares during the quarter. Kennedy Capital Management LLC owned about 0.78% of Insight Enterprises worth $19,724,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Entropy Technologies LP purchased a new stake in shares of Insight Enterprises during the 4th quarter valued at about $1,076,000. Barclays PLC boosted its holdings in shares of Insight Enterprises by 176.1% during the 4th quarter. Barclays PLC now owns 147,156 shares of the software maker’s stock valued at $11,989,000 after acquiring an additional 93,858 shares during the last quarter. Bridgewater Associates LP purchased a new stake in shares of Insight Enterprises during the 4th quarter valued at about $6,192,000. Morgan Stanley boosted its holdings in shares of Insight Enterprises by 15.6% during the 4th quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock valued at $218,496,000 after acquiring an additional 362,258 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in shares of Insight Enterprises during the 4th quarter valued at about $12,478,000.

Insight Enterprises Stock Performance

NSIT opened at $111.05 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 0.97 and a beta of 1.10. The company’s 50 day moving average is $87.44 and its 200 day moving average is $84.01. Insight Enterprises, Inc. has a 12-month low of $63.62 and a 12-month high of $148.58.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, beating 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 business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the firm earned $2.06 earnings per share. The company’s revenue for the quarter 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, equities research analysts predict that Insight Enterprises, Inc. will post 11.43 EPS for the current year.

Insiders Place Their Bets

In other news, CFO James A. Morgado purchased 2,290 shares of the stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $87.25 per share, with a total value of $199,802.50. Following the completion of the acquisition, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at $1,504,713.50. This trade represents a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.21% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NSIT. Needham & Company LLC raised shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Raymond James Financial raised 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. Wall Street Zen raised shares of Insight Enterprises from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Insight Enterprises in a report on Thursday, April 2nd. Finally, Canaccord Genuity Group set a $75.00 price objective on shares of Insight Enterprises in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Insight Enterprises currently has a consensus rating of “Hold” and a consensus price target of $100.00.

Insight Enterprises 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.