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

Aster Capital Management DIFC Ltd boosted its position in shares of Insight Enterprises, Inc. (NASDAQ:NSITFree Report) by 3,592.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,573 shares of the software maker’s stock after buying an additional 6,395 shares during the period. Aster Capital Management DIFC Ltd’s holdings in Insight Enterprises were worth $536,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Xponance Inc. increased its position in Insight Enterprises by 5.1% during the third quarter. Xponance Inc. now owns 2,454 shares of the software maker’s stock worth $278,000 after buying an additional 119 shares during the period. Creative Planning increased its position in Insight Enterprises by 1.8% during the third quarter. Creative Planning now owns 7,630 shares of the software maker’s stock worth $865,000 after buying an additional 135 shares during the period. CWM LLC increased its position in Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after buying an additional 149 shares during the period. Raymond James Financial Inc. increased its position in Insight Enterprises by 1.6% during the third quarter. Raymond James Financial Inc. now owns 9,854 shares of the software maker’s stock worth $1,118,000 after buying an additional 154 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Insight Enterprises by 26.0% during the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after buying an additional 160 shares during the period.

Insight Enterprises Trading Down 0.2%

NASDAQ:NSIT opened at $110.81 on Tuesday. The firm has a market cap of $3.35 billion, a P/E ratio of 19.37, a PEG ratio of 0.97 and a beta of 1.10. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. The stock’s 50 day simple moving average is $88.31 and its 200-day simple moving average is $84.19. Insight Enterprises, Inc. has a 12-month low of $63.62 and a 12-month high of $148.58.

Insight Enterprises (NASDAQ:NSITGet Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. The business had revenue of $2.13 billion for the quarter, compared to analyst estimates 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 for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Equities analysts anticipate that Insight Enterprises, Inc. will post 11.43 EPS for the current year.

Insider Buying and Selling at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado purchased 2,290 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost 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 represents a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.21% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on NSIT shares. JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research report on Wednesday, May 27th. Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a report on Thursday, May 7th. Wall Street Zen raised 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. Finally, Weiss Ratings reissued 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 stock. According to data from MarketBeat, Insight Enterprises presently has a consensus rating of “Hold” and an average price target of $100.00.

Get Our Latest Stock Report on NSIT

Insight Enterprises Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Insight Enterprises (NASDAQ:NSIT)

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