8,788 Insight Enterprises, Inc. $NSIT Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 494.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 10,566 shares of the software maker’s stock after buying an additional 8,788 shares during the period. Fulcrum Asset Management LLP’s holdings in Insight Enterprises were worth $1,644,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in NSIT. Integrated Wealth Concepts LLC acquired a new stake in shares of Insight Enterprises during the 2nd quarter worth approximately $32,000. Polaris Financial Partners bought a new stake in shares of Insight Enterprises in the 3rd quarter worth approximately $41,000. Reyes Financial Architecture Inc. acquired a new position in Insight Enterprises during the 3rd quarter valued at approximately $51,000. Farther Finance Advisors LLC grew its stake in Insight Enterprises by 35.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 338 shares of the software maker’s stock worth $53,000 after buying an additional 88 shares during the last quarter. Finally, Heritage Family Offices LLP bought a new position in Insight Enterprises during the 3rd quarter worth $78,000.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price on Insight Enterprises from $160.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 6th. Barrington Research set a $180.00 price target on shares of Insight Enterprises in a report on Monday, August 10th. Wall Street Zen cut shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Weiss Ratings raised Insight Enterprises from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $175.00 price objective on shares of Insight Enterprises in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $175.00.

Insider Activity at Insight Enterprises

In related news, General Counsel Karim Adatia sold 248 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $157.40, for a total value of $39,035.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.21% of the company’s stock.

Insight Enterprises Price Performance

NASDAQ NSIT opened at $168.75 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.16 and a debt-to-equity ratio of 0.96. Insight Enterprises, Inc. has a 1 year low of $63.62 and a 1 year high of $182.12. The company has a market cap of $4.86 billion, a PE ratio of 12.93, a PEG ratio of 1.02 and a beta of 1.06. The stock’s 50-day moving average price is $163.12 and its two-hundred day moving average price is $116.09.

Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, November 5th. The software maker reported $3.59 EPS for the quarter, topping the consensus estimate of $2.85 by $0.74. The company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.15 billion. Insight Enterprises had a net margin of 2.01% and a return on equity of 24.01%. The business’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the company posted $2.43 earnings per share. Insight Enterprises has set its FY 2026 guidance at 13.550-13.750 EPS. On average, analysts predict that Insight Enterprises, Inc. will post 11.50 EPS for the current year.

Insight Enterprises Profile

Insight Enterprises is a global technology solutions provider that helps businesses and public-sector organizations plan, build and manage their IT environments. The company works with clients on digital transformation and technology projects, from selecting and sourcing products to implementing and supporting solutions. Its offerings include computers, software and other technology products, as well as cloud services, cybersecurity, data and artificial intelligence solutions, and managed services.