Insider Selling: Insight Enterprises (NASDAQ:NSIT) General Counsel Sells $39,035.20 in Stock

Insight Enterprises, Inc. (NASDAQ:NSIT) General Counsel Karim Adatia sold 248 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $157.40, for a total value of $39,035.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Insight Enterprises Price Performance

NSIT stock opened at $159.15 on Friday. Insight Enterprises, Inc. has a one year low of $63.62 and a one year high of $159.42. The firm has a 50-day moving average of $133.66 and a two-hundred day moving average of $103.06. The firm has a market capitalization of $4.67 billion, a PE ratio of 23.30, a P/E/G ratio of 1.10 and a beta of 1.10. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.93. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the firm posted $2.45 earnings per share. The firm’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. On average, analysts forecast that Insight Enterprises, Inc. will post 11.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NSIT shares. Wall Street Zen raised shares of Insight Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 29th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. Raymond James Financial reiterated an “outperform” rating and set a $175.00 price target on shares of Insight Enterprises in a report on Thursday, August 6th. Zacks Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Finally, Barrington Research set a $180.00 price objective on Insight Enterprises in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.50.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. CWM LLC lifted its position 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 buying an additional 149 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Insight Enterprises by 172.0% during the 4th 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 in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of 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 worth $48,000 after acquiring an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of 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 acquiring an additional 160 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Insight Enterprises by 467.1% during the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock worth $66,000 after acquiring an additional 668 shares in the last quarter.

Insight Enterprises Company 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.