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20,800 Shares in Insight Enterprises, Inc. $NSIT Acquired by Pinnbrook Capital Management LP

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Key Points

  • Pinnbrook Capital Management acquired 20,800 shares of Insight Enterprises worth approximately $2.53 million, representing about 0.07% of the company. Several other investment firms also initiated positions during the second quarter.
  • Analysts maintain a generally positive outlook, with Insight receiving a consensus “Moderate Buy” rating and an average price target of $147.50; individual targets range from $75 to $180.
  • Insight reported strong quarterly results, earning $3.86 per share versus the $2.93 consensus estimate and generating $2.40 billion in revenue, up 14.7% year over year. The company issued fiscal 2026 EPS guidance of $12.20–$12.70.
  • Five stocks to consider instead of Insight Enterprises.

Pinnbrook Capital Management LP purchased a new stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 20,800 shares of the software maker's stock, valued at approximately $2,533,000. Pinnbrook Capital Management LP owned about 0.07% of Insight Enterprises at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NSIT. Northwestern Mutual Wealth Management Co. acquired a new stake in Insight Enterprises during the second quarter worth about $348,000. Callan Family Office LLC acquired a new position in Insight Enterprises in the 2nd quarter valued at about $941,000. Virtus Advisers LLC purchased a new stake in shares of Insight Enterprises in the 2nd quarter valued at approximately $912,000. Denali Advisors LLC purchased a new stake in shares of Insight Enterprises in the 2nd quarter valued at approximately $2,207,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Insight Enterprises during the 2nd quarter worth approximately $1,109,000.

Analysts Set New Price Targets

A number of research analysts recently commented on NSIT shares. Zacks Research upgraded Insight Enterprises from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 7th. Wall Street Zen cut Insight Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 2nd. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research report on Friday, May 8th. Barrington Research set a $180.00 price target on Insight Enterprises in a research note on Monday, August 10th. Finally, Weiss Ratings upgraded Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Insight Enterprises has an average rating of "Moderate Buy" and a consensus price target of $147.50.

Check Out Our Latest Stock Report on Insight Enterprises

Insight Enterprises Stock Performance

NASDAQ NSIT opened at $147.38 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.15. The company has a market cap of $4.33 billion, a P/E ratio of 21.58, a P/E/G ratio of 1.07 and a beta of 1.07. The stock has a 50-day moving average of $125.77 and a two-hundred day moving average of $98.72. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $157.35.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) 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 analysts' expectations of $2.18 billion. During the same quarter in the prior year, the company earned $2.45 earnings per share. The business's quarterly revenue was up 14.7% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. As a group, analysts anticipate that Insight Enterprises, Inc. will post 11.5 EPS for the current year.

About Insight Enterprises

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding NSIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report).

Institutional Ownership by Quarter for Insight Enterprises (NASDAQ:NSIT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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