Fiduciary Management Inc. WI Sells 66,952 Shares of Insight Enterprises, Inc. $NSIT

Fiduciary Management Inc. WI reduced its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,322,558 shares of the software maker’s stock after selling 66,952 shares during the quarter. Fiduciary Management Inc. WI owned 4.27% of Insight Enterprises worth $107,749,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of NSIT. CWM LLC increased its position in shares of Insight Enterprises by 39.2% during the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock valued at $43,000 after purchasing an additional 149 shares during the last quarter. Torren Management LLC bought a new position in shares of Insight Enterprises during the 4th quarter valued at about $44,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Insight Enterprises by 40.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock valued at $48,000 after purchasing an additional 170 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Insight Enterprises by 467.1% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after purchasing an additional 668 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in Insight Enterprises by 32.2% during the 4th quarter. Covestor Ltd now owns 879 shares of the software maker’s stock valued at $72,000 after acquiring an additional 214 shares during the period.

Wall Street Analyst Weigh In

NSIT has been the subject of several analyst reports. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a report on Friday, May 8th. Raymond James Financial upgraded Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a report on Thursday, May 7th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a report on Thursday, April 2nd. Three investment 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 data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $100.00.

Insight Enterprises Trading Down 6.5%

NASDAQ NSIT opened at $111.07 on Friday. Insight Enterprises, Inc. has a fifty-two week low of $63.62 and a fifty-two week high of $148.58. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.17 and a current ratio of 1.22. The stock has a 50 day simple moving average of $83.12 and a two-hundred day simple moving average of $83.14. The stock has a market cap of $3.35 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 0.97 and a beta of 1.10.

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

Insiders Place Their Bets

In other Insight Enterprises news, CFO James A. Morgado acquired 2,290 shares of the company’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the acquisition, the chief financial officer owned 17,246 shares in the company, valued at $1,504,713.50. This represents a 15.31% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.21% of the company’s stock.

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.