Pacer Advisors Inc. Buys Shares of 156,675 Insight Enterprises, Inc. $NSIT

Pacer Advisors Inc. purchased a new position in Insight Enterprises, Inc. (NASDAQ:NSIT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 156,675 shares of the software maker’s stock, valued at approximately $12,764,000. Pacer Advisors Inc. owned 0.51% of Insight Enterprises at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada increased its stake in shares of Insight Enterprises by 684.8% in the 1st quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock worth $3,664,000 after purchasing an additional 21,310 shares in the last quarter. AQR Capital Management LLC lifted its position in Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock valued at $2,264,000 after purchasing an additional 4,293 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Insight Enterprises during the first quarter valued at about $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Insight Enterprises by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock valued at $2,432,000 after purchasing an additional 714 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Insight Enterprises by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock valued at $11,138,000 after purchasing an additional 3,722 shares during the period.

Insider Buying and Selling

In other Insight Enterprises news, CFO James A. Morgado purchased 2,290 shares of the company’s stock in a transaction on Monday, May 11th. The stock was acquired at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the purchase, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at $1,504,713.50. This trade represents a 15.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.21% of the company’s stock.

Insight Enterprises Stock Performance

Shares of NSIT stock opened at $108.44 on Friday. 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 fifty day simple moving average of $91.40 and a two-hundred day simple moving average of $84.81. The firm has a market capitalization of $3.27 billion, a PE ratio of 18.96, a PEG ratio of 0.95 and a beta of 1.10. Insight Enterprises, Inc. has a 52-week low of $63.62 and a 52-week high of $148.58.

Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the previous year, the business earned $2.06 earnings per share. 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 predict that Insight Enterprises, Inc. will post 11.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NSIT. JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price objective on the stock in a research note on Wednesday, May 27th. Raymond James Financial upgraded Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research note on Thursday, May 7th. Weiss Ratings raised shares of Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Wall Street Zen upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Finally, Needham & Company LLC raised shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $100.00.

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.