Denali Advisors LLC Makes New Investment in Insight Enterprises, Inc. $NSIT

Denali Advisors LLC bought a new stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 18,121 shares of the software maker’s stock, valued at approximately $2,207,000.

Other large investors also recently made changes to their positions in the company. CWM LLC lifted its position in shares of Insight Enterprises by 39.2% in the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after purchasing an additional 149 shares in the last quarter. Torren Management LLC purchased a new position in Insight Enterprises during the fourth quarter valued at approximately $44,000. Caitong International Asset Management Co. Ltd increased its stake in Insight Enterprises by 172.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker’s stock valued at $47,000 after buying an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in Insight Enterprises by 40.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock worth $48,000 after buying an additional 170 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in Insight Enterprises by 467.1% in the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock worth $66,000 after buying an additional 668 shares in the last quarter.

Analyst Ratings Changes

Several research firms have recently commented on NSIT. Raymond James Financial restated an “outperform” rating and set a $175.00 price target on shares of Insight Enterprises in a report on Thursday, August 6th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Zacks Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. raised their price target on Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $147.50.

Insight Enterprises Stock Down 1.3%

Insight Enterprises stock opened at $147.26 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $157.35. The firm’s fifty day simple moving average is $124.33 and its 200-day simple moving average is $97.93. The company has a market capitalization of $4.32 billion, a P/E ratio of 21.56, a P/E/G ratio of 1.14 and a beta of 1.07.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.93. The firm had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. Insight Enterprises’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.45 earnings per share. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Sell-side analysts forecast that Insight Enterprises, Inc. will post 10.89 earnings per share for the current fiscal year.

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.