Insight Enterprises, Inc. $NSIT Shares Bought by First Trust Advisors LP

First Trust Advisors LP lifted its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 362.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 43,239 shares of the software maker’s stock after acquiring an additional 33,884 shares during the quarter. First Trust Advisors LP’s holdings in Insight Enterprises were worth $2,897,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NSIT. Royal Bank of Canada raised its holdings in shares of Insight Enterprises by 684.8% during the first 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 during the period. AQR Capital Management LLC grew its position in shares of Insight Enterprises by 39.7% during the 1st quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock valued at $2,264,000 after buying an additional 4,293 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Insight Enterprises during the first quarter worth about $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $2,432,000 after acquiring an additional 714 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Insight Enterprises by 5.3% in 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 worth $11,138,000 after acquiring an additional 3,722 shares during the last quarter.

Insider Transactions at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado bought 2,290 shares of the 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 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.21% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NSIT. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a report on Friday, May 8th. Wall Street Zen lowered Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 2nd. Zacks Research upgraded Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $118.75.

Trending Headlines about Insight Enterprises

Here are the key news stories impacting Insight Enterprises this week:

• Positive Sentiment: Second-quarter revenue rose 15% year over year to $2.40 billion, exceeding the $2.18 billion consensus estimate. Gross profit increased 18% to $521.6 million, while gross margin expanded 60 basis points to 21.7%. Insight Enterprises Q2 net sales rise 15% as earnings jump 65%
• Positive Sentiment: Adjusted diluted EPS was $3.86, versus the $2.93-$2.95 analyst consensus and $2.45 a year earlier. Consolidated net earnings rose 65% to $77.6 million, reinforcing the earnings upside. Insight Enterprises Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook to $12.20-$12.70 from the prior guidance, above the roughly $11.30 analyst consensus, and increased its gross-profit growth outlook to 8%-10%. Insight outlines 2026 adjusted EPS guidance
• Positive Sentiment: Growth was geographically broad: North American sales increased 15% to $1.9 billion, EMEA sales rose 8% to $375.2 million and APAC sales surged 46% to $85.6 million. Insight Enterprises Q2 Earnings Snapshot
• Neutral Sentiment: After the rally, NSIT is trading near its 52-week high, with a trailing P/E near 26. Investors may therefore expect continued execution to justify the higher valuation. Insider activity was mixed, with a recent CFO purchase and general counsel sale.

Insight Enterprises Trading Up 6.3%

Insight Enterprises stock opened at $149.17 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average price of $117.37 and a two-hundred day moving average price of $93.55. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 1.29 and a beta of 1.07. Insight Enterprises, Inc. has a 52-week low of $63.62 and a 52-week high of $153.91.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results on Thursday, August 6th. The software maker reported $3.86 EPS for the quarter, topping the consensus estimate of $2.93 by $0.93. The firm had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. Insight Enterprises’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.45 EPS. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Sell-side analysts expect that Insight Enterprises, Inc. will post 10.89 earnings per share for the current year.

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.