Insight Enterprises, Inc. $NSIT Shares Sold by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC lowered its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 94.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,747 shares of the software maker’s stock after selling 163,474 shares during the period. Anchor Capital Advisors LLC’s holdings in Insight Enterprises were worth $713,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NSIT. Norges Bank acquired a new stake in shares of Insight Enterprises during the fourth quarter valued at $36,209,000. Qube Research & Technologies Ltd boosted its stake in Insight Enterprises by 321.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 237,201 shares of the software maker’s stock worth $32,754,000 after buying an additional 180,860 shares during the last quarter. Vanguard Group Inc. boosted its stake in Insight Enterprises by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker’s stock worth $463,965,000 after buying an additional 179,599 shares during the last quarter. Jane Street Group LLC boosted its stake in Insight Enterprises by 114.2% in the 2nd quarter. Jane Street Group LLC now owns 285,248 shares of the software maker’s stock worth $39,388,000 after buying an additional 152,064 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its stake in Insight Enterprises by 432.0% in the 3rd quarter. Voloridge Investment Management LLC now owns 114,099 shares of the software maker’s stock worth $12,940,000 after buying an additional 92,650 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NSIT. Barrington Research reissued an “outperform” rating and issued a $120.00 price target on shares of Insight Enterprises in a research note on Friday, February 6th. Canaccord Genuity Group set a $75.00 price objective on Insight Enterprises in a research note on Friday, May 8th. Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Raymond James Financial raised 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. Finally, Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $100.00.

Insight Enterprises Stock Performance

Shares of NASDAQ:NSIT opened at $115.60 on Thursday. The company has a market cap of $3.49 billion, a P/E ratio of 20.21, a PEG ratio of 1.05 and a beta of 1.10. 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 business’s 50-day simple moving average is $81.14 and its 200 day simple moving average is $82.74.

Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, beating the consensus estimate of $2.45 by $0.43. The business 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 company’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the business posted $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, sell-side analysts forecast that Insight Enterprises, Inc. will post 11.43 earnings per share for the current fiscal year.

Insider Activity at Insight Enterprises

In related news, CFO James A. Morgado purchased 2,290 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased 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 directly owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.21% of the company’s stock.

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.