Insight Enterprises, Inc. (NASDAQ:NSIT) Receives $147.50 Consensus PT from Analysts

Shares of Insight Enterprises, Inc. (NASDAQ:NSIT) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $147.50.

NSIT has been the topic of a number of analyst reports. Barrington Research set a $180.00 target price on Insight Enterprises in a research report on Monday, August 10th. JPMorgan Chase & Co. lifted their price objective on Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen cut Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $175.00 price target on shares of Insight Enterprises in a report on Thursday, August 6th.

Insider Buying and Selling

In other Insight Enterprises news, General Counsel Karim Adatia sold 248 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $157.40, for a total transaction of $39,035.20. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.21% of the company’s stock.

Institutional Trading of Insight Enterprises

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new stake in Insight Enterprises in the second quarter worth $32,000. CWM LLC lifted its stake in shares of Insight Enterprises by 39.2% in the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after acquiring an additional 149 shares during the period. IFP Advisors Inc boosted its holdings in shares of Insight Enterprises by 301.4% in the second quarter. IFP Advisors Inc now owns 566 shares of the software maker’s stock valued at $69,000 after acquiring an additional 425 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Insight Enterprises by 172.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker’s stock valued at $47,000 after acquiring an additional 368 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Insight Enterprises by 40.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock worth $48,000 after purchasing an additional 170 shares in the last quarter.

Insight Enterprises Stock Performance

NASDAQ:NSIT opened at $165.37 on Wednesday. The business’s 50-day moving average is $138.63 and its two-hundred day moving average is $106.26. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.15. Insight Enterprises has a 12 month low of $63.62 and a 12 month high of $165.79. The firm has a market capitalization of $4.85 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 1.20 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.93. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%.The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the firm earned $2.45 earnings per share. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Research analysts predict that Insight Enterprises will post 11.5 earnings per share for the current fiscal year.

Insight Enterprises Company Profile

Insight Enterprises, Inc is a global technology solutions and services provider that helps organizations select, deploy and manage information technology. The company serves businesses, government agencies and educational institutions, providing technology products and expertise across the IT lifecycle.

Its offerings include hardware, software and cloud solutions, along with consulting, systems integration, managed services, data and artificial intelligence solutions, cybersecurity, digital transformation and modern workplace services.