Shares of Insight Enterprises, Inc. (NASDAQ:NSIT) have received a consensus broker rating score of 3.00 (Hold) from the three analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a hold recommendation. Insight Enterprises’ rating score has improved by 25% in the last three months as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 1-year consensus price target of $45.00 for the company and are predicting that the company will post $0.95 EPS for the current quarter, according to Zacks. Zacks has also given Insight Enterprises an industry rank of 107 out of 265 based on the ratings given to its competitors.

A number of research analysts recently weighed in on the company. B. Riley reissued a “neutral” rating and set a $48.00 target price on shares of Insight Enterprises in a report on Sunday, May 7th. Zacks Investment Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating and set a $53.00 target price on the stock in a report on Saturday, May 6th. Stifel Nicolaus boosted their target price on Insight Enterprises from $36.00 to $42.00 and gave the stock a “hold” rating in a report on Thursday, May 4th. Finally, Raymond James Financial, Inc. reissued an “underperform” rating on shares of Insight Enterprises in a report on Thursday, May 4th.

In other Insight Enterprises news, VP Dana A. Leighty sold 4,649 shares of the company’s stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $42.45, for a total value of $197,350.05. Following the transaction, the vice president now directly owns 5,404 shares of the company’s stock, valued at approximately $229,399.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Glynis Bryan sold 3,946 shares of the company’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $42.00, for a total value of $165,732.00. Following the completion of the transaction, the chief financial officer now directly owns 39,643 shares in the company, valued at $1,665,006. The disclosure for this sale can be found here. 1.23% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of NSIT. BlackRock Inc. raised its position in shares of Insight Enterprises by 32,650.5% in the first quarter. BlackRock Inc. now owns 4,523,829 shares of the software maker’s stock worth $185,884,000 after buying an additional 4,510,016 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Insight Enterprises by 4.6% in the first quarter. Vanguard Group Inc. now owns 3,242,716 shares of the software maker’s stock worth $133,243,000 after buying an additional 144,077 shares in the last quarter. Northern Trust Corp raised its position in shares of Insight Enterprises by 0.4% in the third quarter. Northern Trust Corp now owns 1,492,118 shares of the software maker’s stock worth $48,569,000 after buying an additional 5,385 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Insight Enterprises by 5.8% in the first quarter. Acadian Asset Management LLC now owns 1,308,316 shares of the software maker’s stock worth $53,758,000 after buying an additional 72,041 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of Insight Enterprises by 32.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,234,545 shares of the software maker’s stock worth $40,184,000 after buying an additional 301,247 shares in the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Insight Enterprises (NASDAQ:NSIT) traded down 1.12% during midday trading on Friday, hitting $41.35. 184,923 shares of the stock traded hands. The firm’s 50 day moving average price is $42.60 and its 200 day moving average price is $40.03. The company has a market capitalization of $1.48 billion, a PE ratio of 16.32 and a beta of 1.91. Insight Enterprises has a 12-month low of $24.23 and a 12-month high of $53.19.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results on Wednesday, May 3rd. The software maker reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.27. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.37 billion. Insight Enterprises had a return on equity of 13.13% and a net margin of 1.54%. The firm’s revenue was up 26.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 EPS. Analysts expect that Insight Enterprises will post $3.08 EPS for the current year.

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About Insight Enterprises

Insight Enterprises, Inc is engaged in providing information technology (IT) hardware, software, and cloud and service solutions to business, government, healthcare and educational clients. The Company operates through three segments: North America, EMEA and APAC. North America comprises the United States and Canada; EMEA comprises Europe, the Middle East and Africa, and APAC comprises Asia Pacific.

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