Quantinno Capital Management LP Purchases 3,392 Shares of Insight Enterprises, Inc. $NSIT

Quantinno Capital Management LP lifted its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 38.3% in the first quarter, Holdings Channel.com reports. The firm owned 12,250 shares of the software maker’s stock after purchasing an additional 3,392 shares during the quarter. Quantinno Capital Management LP’s holdings in Insight Enterprises were worth $821,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Insight Enterprises by 684.8% during the 1st quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock valued at $3,664,000 after purchasing an additional 21,310 shares during the last quarter. AQR Capital Management LLC boosted its stake in Insight Enterprises by 39.7% in the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock worth $2,264,000 after buying an additional 4,293 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Insight Enterprises in the first quarter worth approximately $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 acquiring an additional 714 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position 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 acquiring an additional 3,722 shares during the last quarter.

Analyst Ratings Changes

NSIT has been the subject of a number of recent research reports. Raymond James Financial restated an “outperform” rating and issued a $175.00 price objective on shares of Insight Enterprises in a report on Thursday, August 6th. Wall Street Zen lowered shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 2nd. Zacks Research upgraded shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. boosted their price target on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Insight Enterprises currently has an average rating of “Moderate Buy” and a consensus price target of $147.50.

Insight Enterprises Price Performance

Shares of Insight Enterprises stock opened at $149.31 on Tuesday. 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, Inc. has a one year low of $63.62 and a one year high of $157.35. The business’s 50 day simple moving average is $122.78 and its two-hundred day simple moving average is $97.02. The stock has a market capitalization of $4.38 billion, a P/E ratio of 21.86, a price-to-earnings-growth ratio of 1.18 and a beta of 1.07.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 earnings per share 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 firm had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the prior year, the firm posted $2.45 earnings per share. The business’s quarterly revenue 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. Analysts forecast that Insight Enterprises, Inc. will post 10.89 EPS 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.