Brokerages Set Insight Enterprises, Inc. (NASDAQ:NSIT) Price Target at $100.00

Insight Enterprises, Inc. (NASDAQ:NSIT) has been given an average rating of “Moderate Buy” by the seven analysts that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $100.00.

Several equities analysts have recently weighed in on NSIT shares. Wall Street Zen raised shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research note on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price target on shares of Insight Enterprises in a report on Friday, May 8th. Weiss Ratings upgraded shares of Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 17th. Finally, Raymond James Financial upgraded Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Thursday, May 7th.

Insider Transactions at Insight Enterprises

In other news, CFO James A. Morgado purchased 2,290 shares of Insight Enterprises stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the purchase, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at $1,504,713.50. This trade represents a 15.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.21% of the stock is owned by company insiders.

Institutional Investors Weigh In On Insight Enterprises

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC grew its stake in shares of Insight Enterprises by 39.2% in the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock valued at $43,000 after acquiring an additional 149 shares in the last quarter. Torren Management LLC acquired a new stake in Insight Enterprises in the 4th quarter worth about $44,000. Caitong International Asset Management Co. Ltd boosted its holdings in Insight Enterprises by 172.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker’s stock valued at $47,000 after purchasing an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Insight Enterprises by 40.3% in the 4th 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. Finally, Hantz Financial Services Inc. grew its position in shares of Insight Enterprises by 467.1% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock worth $66,000 after purchasing an additional 668 shares in the last quarter.

Insight Enterprises Stock Performance

Shares of NASDAQ NSIT opened at $115.66 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $3.49 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.08 and a beta of 1.08. Insight Enterprises has a 12 month low of $63.62 and a 12 month high of $148.58. The stock has a 50 day moving average of $110.33 and a 200-day moving average of $90.35.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The business had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the prior year, the business earned $2.06 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, equities research analysts predict that Insight Enterprises 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.