Insight Enterprises, Inc. (NASDAQ:NSIT) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Insight Enterprises, Inc. (NASDAQ:NSIT) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $100.00.

Several equities research analysts have issued reports on the company. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price objective on Insight Enterprises in a report on Friday, May 8th. Weiss Ratings raised Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, June 17th. Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research note on Thursday, May 7th. Finally, Wall Street Zen upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th.

Insight Enterprises Trading Down 1.0%

Shares of NSIT opened at $114.19 on Tuesday. Insight Enterprises has a twelve month low of $63.62 and a twelve month high of $148.58. The stock has a market cap of $3.45 billion, a PE ratio of 19.96, a P/E/G ratio of 1.06 and a beta of 1.08. 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 business’s 50-day moving average price is $108.61 and its 200-day moving average price is $89.63.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the business earned $2.06 earnings per share. Insight Enterprises’s revenue was up 1.2% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, equities analysts forecast that Insight Enterprises will post 10.89 EPS for the current fiscal year.

Insider Activity

In other Insight Enterprises news, CFO James A. Morgado bought 2,290 shares of Insight Enterprises stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $87.25 per share, with a total value of $199,802.50. Following the acquisition, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. This trade represents a 15.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.21% of the company’s stock.

Institutional Trading of Insight Enterprises

Several institutional investors have recently added to or reduced their stakes in NSIT. Assenagon Asset Management S.A. grew its stake in shares of Insight Enterprises by 34.6% during the second quarter. Assenagon Asset Management S.A. now owns 60,746 shares of the software maker’s stock valued at $7,399,000 after buying an additional 15,623 shares during the last quarter. Baron Wealth Management LLC bought a new stake in shares of Insight Enterprises in the 2nd quarter valued at about $221,000. Henshaw Capital LLC lifted its stake in shares of Insight Enterprises by 27.2% in the 1st quarter. Henshaw Capital LLC now owns 18,620 shares of the software maker’s stock valued at $1,248,000 after acquiring an additional 3,981 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in Insight Enterprises by 81.2% during the 1st quarter. Glenmede Trust Co. NA now owns 4,783 shares of the software maker’s stock valued at $321,000 after acquiring an additional 2,143 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Insight Enterprises by 24.4% during the 1st quarter. Bank of America Corp DE now owns 316,014 shares of the software maker’s stock valued at $21,176,000 after acquiring an additional 62,060 shares during the period.

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.