Insight Enterprises, Inc. $NSIT Shares Acquired by Country Trust Bank

Key Points

• Country Trust Bank increased its stake in Insight Enterprises by 45.6% in Q4, adding 87,538 shares to hold 279,375 shares (about a 0.90% ownership) worth roughly $22.76 million.
• Analyst sentiment is mixed-to-negative: the stock has a consensus rating of "Reduce" with an average price target of $100, while analyst opinions range from Buy to Sell.
• Recent fundamentals are mixed — Insight beat EPS estimates ($2.96 vs. $2.82) but revenue was slightly below expectations and down 1.2% year-over-year, and management set FY2026 guidance of 11.00–11.50 EPS.

Country Trust Bank lifted its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 45.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 279,375 shares of the software maker's stock after purchasing an additional 87,538 shares during the quarter. Country Trust Bank owned about 0.90% of Insight Enterprises worth $22,761,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Allspring Global Investments Holdings LLC lifted its position in shares of Insight Enterprises by 31.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 250,509 shares of the software maker's stock worth $21,033,000 after purchasing an additional 59,987 shares in the last quarter. Chatham Capital Group Inc. increased its stake in shares of Insight Enterprises by 1.1% during the fourth quarter. Chatham Capital Group Inc. now owns 30,231 shares of the software maker's stock worth $2,463,000 after buying an additional 335 shares during the period. Cascade Investment Advisors Inc. increased its stake in shares of Insight Enterprises by 12.4% during the fourth quarter. Cascade Investment Advisors Inc. now owns 10,090 shares of the software maker's stock worth $822,000 after buying an additional 1,110 shares during the period. SG Americas Securities LLC increased its stake in shares of Insight Enterprises by 264.5% during the fourth quarter. SG Americas Securities LLC now owns 18,904 shares of the software maker's stock worth $1,540,000 after buying an additional 13,718 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Insight Enterprises during the fourth quarter worth approximately $1,028,000.

Analysts Set New Price Targets

A number of research firms recently weighed in on NSIT. Wall Street Zen upgraded shares of Insight Enterprises from a "hold" rating to a "buy" rating in a research note on Sunday. Weiss Ratings restated a "sell (d+)" rating on shares of Insight Enterprises in a research note on Thursday. Barrington Research restated an "outperform" rating and set a $120.00 target price on shares of Insight Enterprises in a research note on Friday, February 6th. JPMorgan Chase & Co. restated 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, Canaccord Genuity Group set a $90.00 target price on shares of Insight Enterprises in a research note on Friday, February 6th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $100.00.

Insight Enterprises Stock Performance

Shares of Insight Enterprises stock opened at $68.90 on Tuesday. The firm has a market capitalization of $2.13 billion, a P/E ratio of 13.86, 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 quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.83. The firm's 50 day moving average is $79.86 and its two-hundred day moving average is $88.70.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The software maker reported $2.96 EPS for the quarter, beating the consensus estimate of $2.82 by $0.14. The company 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 prior year, the firm posted $2.66 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Research analysts forecast that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal year.

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.

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.