Insight Enterprises, Inc. $NSIT Shares Purchased by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd increased its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 3,592.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,573 shares of the software maker’s stock after purchasing an additional 6,395 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Insight Enterprises were worth $536,000 at the end of the most recent reporting period.

A number of other hedge funds and 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 worth $43,000 after purchasing an additional 149 shares during the last quarter. Torren Management LLC purchased a new position in Insight Enterprises during the 4th quarter valued at about $44,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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 acquiring an additional 170 shares during the period. Hantz Financial Services Inc. boosted its holdings in 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 acquiring an additional 668 shares during the period. 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 Analysts Forecast Growth

A number of brokerages recently commented on NSIT. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a report on Friday, May 8th. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. 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. JPMorgan Chase & Co. upgraded Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price for the company in a report on Wednesday, May 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a report on Thursday, April 2nd. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $100.00.

Insiders Place Their Bets

In other Insight Enterprises news, CFO James A. Morgado bought 2,290 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the purchase, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. This trade represents a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.21% of the stock is currently owned by insiders.

Insight Enterprises Price Performance

NSIT stock opened at $110.81 on Tuesday. The business has a 50 day moving average price of $88.31 and a 200 day moving average price of $84.19. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 0.97 and a beta of 1.10. 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 quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results 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. The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The firm’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Equities research analysts anticipate that Insight Enterprises, Inc. will post 11.43 earnings per share for the current fiscal 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.