Northwestern Mutual Wealth Management Co. Grows Holdings in Insight Enterprises, Inc. $NSIT

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 700.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,960 shares of the software maker’s stock after buying an additional 20,093 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.07% of Insight Enterprises worth $1,871,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Insight Enterprises during the 3rd quarter valued at approximately $48,000. CWM LLC lifted its stake in Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after purchasing an additional 149 shares during the last quarter. Torren Management LLC bought a new position in Insight Enterprises during the fourth quarter worth $44,000. EverSource Wealth Advisors LLC lifted its stake in Insight Enterprises by 26.0% during the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after purchasing an additional 160 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Insight Enterprises during the third quarter worth $116,000.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a research note on Wednesday. Raymond James Financial upgraded Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research note on Thursday, May 7th. Wall Street Zen upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Barrington Research restated an “outperform” rating and set a $120.00 price objective on shares of Insight Enterprises in a research note on Friday, February 6th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a research note on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Insight Enterprises currently has an average rating of “Hold” and an average target price of $100.00.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado purchased 2,290 shares of the stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $87.25 per share, with a total value of $199,802.50. Following the completion of the acquisition, the chief financial officer owned 17,246 shares of the company’s stock, 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 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

Shares of NSIT opened at $102.83 on Thursday. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 17.98, a price-to-earnings-growth ratio of 0.88 and a beta of 0.96. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.17 and a current ratio of 1.22. Insight Enterprises, Inc. has a one year low of $63.62 and a one year high of $148.58. The stock’s fifty day moving average is $77.26 and its 200-day moving average is $81.98.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.12 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Equities analysts anticipate that Insight Enterprises, Inc. will post 11.34 EPS for the current 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.