Capital World Investors Sells 118,477 Shares of Insight Enterprises, Inc. $NSIT

Key Points

• Capital World Investors trimmed its stake by 6.9% in Q3, selling 118,477 shares and now holds 1,608,800 shares (about 5.19% of Insight) valued at roughly $182.45 million.
• Analyst sentiment is mixed-to-negative — one Buy, one Hold and two Sell ratings — with an average rating of "Reduce" and an average price target of $100, while recent price targets range roughly from $90 to $120.
• Insight's latest quarter showed an EPS beat ($2.96 vs. $2.82 expected) but a slight revenue miss ($2.05B, down 1.2% YoY), and the company set FY2026 guidance of $11.00–$11.50 EPS.

Capital World Investors decreased its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,608,800 shares of the software maker's stock after selling 118,477 shares during the quarter. Capital World Investors owned approximately 5.19% of Insight Enterprises worth $182,454,000 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. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Insight Enterprises in the 3rd quarter worth about $48,000. MTM Investment Management LLC acquired a new stake in shares of Insight Enterprises during the second quarter valued at about $55,000. Covestor Ltd grew its holdings in shares of Insight Enterprises by 24.3% during the third quarter. Covestor Ltd now owns 665 shares of the software maker's stock worth $75,000 after purchasing an additional 130 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Insight Enterprises by 26.0% in the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker's stock valued at $107,000 after buying an additional 160 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Insight Enterprises in the third quarter valued at approximately $116,000.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Insight Enterprises from a "hold" rating to a "buy" rating in a research report on Saturday, January 10th. Barrington Research restated an "outperform" rating and issued a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th. Weiss Ratings downgraded shares of Insight Enterprises from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, January 5th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $90.00 price objective (down from $117.00) on shares of Insight Enterprises in a research note on Monday, December 15th. Finally, Canaccord Genuity Group set a $90.00 price objective on Insight Enterprises in a report on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $100.00.

Insight Enterprises Price Performance

NSIT stock opened at $82.90 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.83. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.83 and a beta of 0.92. The company's fifty day simple moving average is $84.49 and its 200 day simple moving average is $95.91. Insight Enterprises, Inc. has a 12-month low of $77.10 and a 12-month high of $160.68.

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

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