Headlands Technologies LLC Lowers Stake in Insight Enterprises, Inc. $NSIT

Headlands Technologies LLC cut its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 42.3% during the second quarter, Holdings Channel.com reports. The fund owned 9,059 shares of the software maker’s stock after selling 6,642 shares during the period. Headlands Technologies LLC’s holdings in Insight Enterprises were worth $1,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NSIT. CWM LLC raised its holdings in 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 purchasing an additional 149 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in 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 worth $47,000 after purchasing an additional 368 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Insight Enterprises by 40.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock valued at $48,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Insight Enterprises by 26.0% in the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock valued at $107,000 after purchasing an additional 160 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Insight Enterprises by 467.1% in the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after buying an additional 668 shares in the last quarter.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barrington Research set a $180.00 target price on Insight Enterprises in a research note on Monday, August 10th. Raymond James Financial reissued an “outperform” rating and issued a $175.00 price target on shares of Insight Enterprises in a report on Thursday, August 6th. Needham & Company LLC raised shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a research report on Friday, May 8th. Finally, Zacks Research raised shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $147.50.

Insight Enterprises Stock Performance

Shares of NASDAQ:NSIT opened at $157.02 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 1 year low of $63.62 and a 1 year high of $159.41. The firm has a market capitalization of $4.61 billion, a PE ratio of 22.99, a P/E/G ratio of 1.13 and a beta of 1.07. The business’s 50 day moving average price is $131.11 and its 200-day moving average price is $101.62.

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

Insight Enterprises Profile

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.