Allspring Global Investments Holdings LLC Buys 59,987 Shares of Insight Enterprises, Inc. $NSIT

Key Points

• Allspring Global Investments Holdings LLC raised its stake in Insight by 31.5%, buying 59,987 shares to own 250,509 shares (about 0.81% of the company) valued at roughly $21.03 million.
• Analyst sentiment is mixed with a consensus “Reduce” rating and an average price target of $100, following downgrades from firms including Wall Street Zen and Weiss and price targets ranging from $90 to $120.
• Insight beat quarterly EPS estimates ($2.96 vs. $2.82) while slightly missing revenue, set FY2026 guidance of 11.00–11.50 EPS, and the stock trades near $67 with a $2.07B market cap and a 52‑week range of $63.62–$148.58.

Allspring Global Investments Holdings LLC increased its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 31.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 250,509 shares of the software maker's stock after buying an additional 59,987 shares during the period. Allspring Global Investments Holdings LLC owned 0.81% of Insight Enterprises worth $21,033,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSIT. Vanguard Group Inc. lifted its position in shares of Insight Enterprises by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker's stock worth $463,965,000 after purchasing an additional 179,599 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Insight Enterprises by 2.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 811,523 shares of the software maker's stock worth $92,032,000 after buying an additional 22,303 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Insight Enterprises by 8.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 672,517 shares of the software maker's stock worth $76,270,000 after buying an additional 53,159 shares during the last quarter. Northern Trust Corp boosted its position in shares of Insight Enterprises by 4.4% in the third quarter. Northern Trust Corp now owns 445,140 shares of the software maker's stock valued at $50,483,000 after acquiring an additional 18,667 shares during the period. Finally, Norges Bank acquired a new stake in shares of Insight Enterprises in the second quarter worth $46,972,000.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Canaccord Genuity Group set a $90.00 price target on shares of Insight Enterprises in a report on Friday, February 6th. Barrington Research restated an "outperform" rating and set a $120.00 price objective on shares of Insight Enterprises in a report on Friday, February 6th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $90.00 price objective (down from $117.00) on shares of Insight Enterprises in a research report on Monday, December 15th. Wall Street Zen cut shares of Insight Enterprises from a "buy" rating to a "hold" rating in a research note on Saturday, March 28th. Finally, Weiss Ratings downgraded Insight Enterprises from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $100.00.

Insight Enterprises Stock Performance

Shares of NSIT stock opened at $67.05 on Friday. The firm has a fifty day moving average of $80.15 and a 200-day moving average of $89.49. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 13.49, a P/E/G ratio of 0.68 and a beta of 0.96. Insight Enterprises, Inc. has a 52-week low of $63.62 and a 52-week high of $148.58. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.22 and a current ratio of 1.25.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its earnings results on Thursday, February 5th. The software maker reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.14. The business 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% on a year-over-year basis. During the same period in the previous year, the business earned $2.66 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, equities research analysts forecast that Insight Enterprises, Inc. will post 9.89 earnings per share for the current fiscal 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.

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