UBS Group AG Lowers Stock Holdings in Insight Enterprises, Inc. $NSIT

UBS Group AG lowered its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 62.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,040 shares of the software maker’s stock after selling 90,641 shares during the quarter. UBS Group AG’s holdings in Insight Enterprises were worth $4,403,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Insight Enterprises by 4.6% during the third quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker’s stock worth $463,965,000 after purchasing an additional 179,599 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Insight Enterprises by 2.8% during the third quarter. Dimensional Fund Advisors LP now owns 811,523 shares of the software maker’s stock worth $92,032,000 after purchasing an additional 22,303 shares in the last quarter. Northern Trust Corp boosted its position in Insight Enterprises by 4.4% during the third quarter. Northern Trust Corp now owns 445,140 shares of the software maker’s stock worth $50,483,000 after purchasing an additional 18,667 shares in the last quarter. Jane Street Group LLC boosted its position in Insight Enterprises by 114.2% during the second quarter. Jane Street Group LLC now owns 285,248 shares of the software maker’s stock worth $39,388,000 after purchasing an additional 152,064 shares in the last quarter. Finally, Country Trust Bank boosted its position in Insight Enterprises by 45.6% during the fourth quarter. Country Trust Bank now owns 279,375 shares of the software maker’s stock worth $22,761,000 after purchasing an additional 87,538 shares in the last quarter.

Insider Buying and Selling at Insight Enterprises

In other news, CFO James A. Morgado bought 2,290 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the transaction, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. The trade was a 15.31% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.21% of the stock is currently owned by company insiders.

Insight Enterprises Stock Performance

NASDAQ NSIT opened at $97.73 on Friday. The company has a market cap of $2.95 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 0.82 and a beta of 0.96. The stock’s 50 day simple moving average is $76.12 and its 200-day simple moving average is $81.96. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $148.58. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share 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 business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, equities research analysts anticipate that Insight Enterprises, Inc. will post 11.34 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on NSIT. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a research report on Friday, May 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Wall Street Zen upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Barrington Research restated an “outperform” rating and issued a $120.00 target price on shares of Insight Enterprises in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. decreased their target price on Insight Enterprises from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $93.75.

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.