Shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Get Free Report) have earned a consensus rating of "Hold" from the seven research firms that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $147.50.
A number of research firms have commented on NSIT. Wall Street Zen cut Insight Enterprises from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 12th. Barrington Research set a $180.00 target price on Insight Enterprises in a research note on Monday, August 10th. JPMorgan Chase & Co. boosted their price target on Insight Enterprises from $135.00 to $160.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Weiss Ratings upgraded Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 3rd. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $175.00 price objective on shares of Insight Enterprises in a report on Thursday, August 6th.
Check Out Our Latest Stock Analysis on NSIT
Insider Buying and Selling at Insight Enterprises
In other Insight Enterprises news, General Counsel Karim Adatia sold 248 shares of Insight Enterprises stock in a transaction on Friday, August 28th. The shares were sold at an average price of $157.40, for a total value of $39,035.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.21% of the company's stock.
Institutional Trading of Insight Enterprises
Several hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of Insight Enterprises during the 2nd quarter valued at approximately $32,000. Polaris Financial Partners bought a new stake in Insight Enterprises in the third quarter worth $41,000. Reyes Financial Architecture Inc. bought a new stake in Insight Enterprises in the third quarter worth $51,000. Farther Finance Advisors LLC raised its stake in Insight Enterprises by 35.2% during the third quarter. Farther Finance Advisors LLC now owns 338 shares of the software maker's stock valued at $53,000 after purchasing an additional 88 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in Insight Enterprises by 301.4% during the second quarter. IFP Advisors Inc now owns 566 shares of the software maker's stock valued at $69,000 after purchasing an additional 425 shares in the last quarter.
Insight Enterprises Price Performance
NASDAQ NSIT opened at $177.84 on Thursday. Insight Enterprises has a 52 week low of $63.62 and a 52 week high of $182.12. The firm has a market capitalization of $5.22 billion, a P/E ratio of 26.04, a PEG ratio of 1.28 and a beta of 1.06. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $160.18 and a 200-day moving average price of $112.32.
Insight Enterprises (NASDAQ:NSIT - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 EPS for the quarter, topping the consensus estimate of $2.93 by $0.93. The firm had revenue of $2.40 billion for 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 business's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.45 earnings per share. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Equities research analysts anticipate that Insight Enterprises will post 11.50 earnings per share for the current year.
About Insight Enterprises
(
Get Free Report)
Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.
Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.
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