Insight Enterprises, Inc. (NASDAQ:NSIT) Given Consensus Rating of “Moderate Buy” by Brokerages

Insight Enterprises, Inc. (NASDAQ:NSIT) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $147.50.

NSIT has been the topic of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Zacks Research raised shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Wall Street Zen lowered shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Raymond James Financial reissued an “outperform” rating and issued a $175.00 target price on shares of Insight Enterprises in a report on Thursday, August 6th. Finally, Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th.

Insight Enterprises Stock Performance

Shares of Insight Enterprises stock opened at $160.72 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. Insight Enterprises has a 1 year low of $63.62 and a 1 year high of $165.79. The firm’s 50-day simple moving average is $140.60 and its 200-day simple moving average is $107.37. The firm has a market cap of $4.72 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 1.17 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.93. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%.The firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company earned $2.45 earnings per share. Insight Enterprises’s quarterly revenue was up 14.7% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Equities analysts forecast that Insight Enterprises will post 11.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, General Counsel Karim Adatia sold 248 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $157.40, for a total transaction of $39,035.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.21% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in shares of Insight Enterprises in the second quarter worth $32,000. IFP Advisors Inc lifted its holdings in Insight Enterprises by 301.4% in the second quarter. IFP Advisors Inc now owns 566 shares of the software maker’s stock worth $69,000 after purchasing an additional 425 shares during the period. Nykredit A S acquired a new stake in Insight Enterprises in the second quarter worth about $190,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Insight Enterprises in the 2nd quarter valued at about $3,333,000. Finally, Studio Investment Management LLC grew its position in Insight Enterprises by 2.9% in the 2nd quarter. Studio Investment Management LLC now owns 3,657 shares of the software maker’s stock valued at $445,000 after buying an additional 102 shares in the last quarter.

Insight Enterprises Company Profile

Insight Enterprises, Inc is a global technology solutions and services provider that helps organizations select, deploy and manage information technology. The company serves businesses, government agencies and educational institutions, providing technology products and expertise across the IT lifecycle.

Its offerings include hardware, software and cloud solutions, along with consulting, systems integration, managed services, data and artificial intelligence solutions, cybersecurity, digital transformation and modern workplace services.