Insight Enterprises (NASDAQ:NSIT) Upgraded by Wall Street Zen to “Buy” Rating

Insight Enterprises (NASDAQ:NSIT) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

A number of other research analysts also recently commented on the company. Canaccord Genuity Group set a $90.00 price target on Insight Enterprises in a report on Friday, February 6th. Weiss Ratings downgraded Insight Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $90.00 target price (down from $117.00) on shares of Insight Enterprises in a research note on Monday, December 15th. Finally, Barrington Research reissued an “outperform” rating and set a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $100.00.

Insight Enterprises Stock Performance

Shares of NSIT opened at $67.05 on Friday. The firm’s 50-day moving average is $80.15 and its two-hundred day moving average is $89.28. The firm has a market capitalization of $2.07 billion, a P/E ratio of 13.49, a PEG ratio of 0.68 and a beta of 0.96. Insight Enterprises has a twelve month low of $63.62 and a twelve month high of $148.58. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.83.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, February 5th. The software maker reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.08 billion. Insight Enterprises had a net margin of 1.91% and a return on equity of 19.61%. The firm’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.66 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, research analysts predict that Insight Enterprises will post 9.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC increased 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 purchasing an additional 149 shares during the period. Torren Management LLC bought a new position in Insight Enterprises in the 4th quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd increased its position 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 acquiring an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Insight Enterprises in the 3rd quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. raised its stake in Insight Enterprises by 467.1% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $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.