New Age Alpha Advisors LLC Takes Position in Insight Enterprises, Inc. $NSIT

New Age Alpha Advisors LLC purchased a new stake in Insight Enterprises, Inc. (NASDAQ:NSIT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,844 shares of the software maker’s stock, valued at approximately $395,000.

Several other large investors have also modified their holdings of the business. Hantz Financial Services Inc. grew its position in shares of Insight Enterprises by 467.1% in the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after purchasing an additional 668 shares during the last quarter. MQS Management LLC acquired a new stake in shares of Insight Enterprises in the fourth quarter valued at approximately $227,000. Covestor Ltd grew its position in shares of Insight Enterprises by 32.2% in the fourth quarter. Covestor Ltd now owns 879 shares of the software maker’s stock valued at $72,000 after purchasing an additional 214 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Insight Enterprises by 34.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,850 shares of the software maker’s stock valued at $232,000 after purchasing an additional 726 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Insight Enterprises by 700.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,960 shares of the software maker’s stock worth $1,871,000 after acquiring an additional 20,093 shares during the last quarter.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado bought 2,290 shares of the business’s stock in a transaction dated 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 purchase, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.21% of the company’s stock.

Insight Enterprises Stock Performance

NASDAQ:NSIT opened at $103.38 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. The company has a market cap of $3.12 billion, a P/E ratio of 18.07, a P/E/G ratio of 0.91 and a beta of 0.96. Insight Enterprises, Inc. has a fifty-two week low of $63.62 and a fifty-two week high of $148.58. The firm’s 50 day moving average is $77.73 and its two-hundred day moving average is $82.07.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $0.43. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the firm posted $2.06 earnings per share. Insight Enterprises’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. Analysts expect that Insight Enterprises, Inc. will post 11.34 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NSIT. Wall Street Zen upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research report on Wednesday. Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a research 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 target price on the stock in a research report on Thursday, May 7th. Finally, Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $100.00.

About Insight Enterprises

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.