Insight Enterprises, Inc. (NASDAQ:NSIT) Given Consensus Recommendation of “Hold” by Brokerages

Insight Enterprises, Inc. (NASDAQ:NSIT) has been given an average rating of “Hold” by the six analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $100.00.

NSIT has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research report on Wednesday, May 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday. Finally, Barrington Research restated an “outperform” rating and issued a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado bought 2,290 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the transaction, the chief financial officer directly owned 17,246 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Insight Enterprises

Several institutional investors and hedge funds have recently made changes to their positions in NSIT. Vanguard Group Inc. lifted its position in shares of Insight Enterprises by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker’s stock valued at $463,965,000 after acquiring an additional 179,599 shares during the period. Morgan Stanley lifted its position in shares of Insight Enterprises by 15.6% during the 4th quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock valued at $218,496,000 after acquiring an additional 362,258 shares during the period. State Street Corp lifted its position in shares of Insight Enterprises by 3.2% during the 4th quarter. State Street Corp now owns 1,183,203 shares of the software maker’s stock valued at $96,396,000 after acquiring an additional 36,566 shares during the period. Paradigm Capital Management Inc. NY lifted its position in shares of Insight Enterprises by 17.9% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 955,933 shares of the software maker’s stock valued at $64,057,000 after acquiring an additional 145,169 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Insight Enterprises by 11.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 906,400 shares of the software maker’s stock worth $73,847,000 after buying an additional 94,877 shares during the period.

Insight Enterprises Price Performance

Shares of NSIT opened at $106.38 on Monday. The company has a market capitalization of $3.21 billion, a PE ratio of 18.60, a PEG ratio of 0.93 and a beta of 1.10. Insight Enterprises has a 12 month low of $63.62 and a 12 month high of $148.58. The stock’s 50-day moving average price is $78.38 and its two-hundred day moving average price is $82.17. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, topping the consensus estimate of $2.45 by $0.43. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, analysts anticipate that Insight Enterprises will post 11.43 EPS for the current year.

About Insight Enterprises

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.