Insight Enterprises, Inc. $NSIT Shares Purchased by JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. increased its stake in Insight Enterprises by 64.2% in Q3, owning 196,950 shares (about 0.64% of the company) worth roughly $22.34 million after buying an additional 76,992 shares.
• Insight beat Q4 EPS estimates with $2.96 per share but saw revenue down 1.2% year-over-year to $2.05 billion, and set FY 2026 guidance of $11.00–$11.50 EPS; the stock trades near its 12-month low with a $2.05 billion market cap and an average analyst rating of "Reduce" (avg. price target $100).
• Other institutions also adjusted positions — notably Vanguard raised its stake to 4,091,041 shares (up 4.6%) valued at about $464 million, while several managers including Principal, Kennedy Capital and Allspring also increased holdings.

JPMorgan Chase & Co. boosted its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 64.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 196,950 shares of the software maker's stock after acquiring an additional 76,992 shares during the quarter. JPMorgan Chase & Co. owned about 0.64% of Insight Enterprises worth $22,336,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NSIT. Principal Financial Group Inc. increased its holdings in shares of Insight Enterprises by 11.5% in the 3rd quarter. Principal Financial Group Inc. now owns 151,848 shares of the software maker's stock valued at $17,221,000 after purchasing an additional 15,655 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Insight Enterprises by 4.6% in the third quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker's stock valued at $463,965,000 after purchasing an additional 179,599 shares during the period. Kennedy Capital Management LLC boosted its holdings in Insight Enterprises by 14.2% during the third quarter. Kennedy Capital Management LLC now owns 177,075 shares of the software maker's stock worth $20,082,000 after buying an additional 22,072 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Insight Enterprises by 32.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 190,522 shares of the software maker's stock worth $21,417,000 after buying an additional 46,485 shares during the period. Finally, American Century Companies Inc. grew its position in Insight Enterprises by 28.5% during the second quarter. American Century Companies Inc. now owns 184,675 shares of the software maker's stock worth $25,501,000 after buying an additional 40,924 shares during the period.

Insight Enterprises Stock Performance

NASDAQ:NSIT opened at $66.02 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $2.05 billion, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 0.73 and a beta of 0.92. The firm has a 50-day moving average price of $82.71 and a two-hundred day moving average price of $92.32. Insight Enterprises, Inc. has a twelve month low of $65.90 and a twelve month high of $160.41.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The software maker reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.14. Insight Enterprises had a net margin of 1.91% and a return on equity of 19.61%. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the firm earned $2.66 earnings per share. The company's revenue for the quarter 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. As a group, research analysts expect that Insight Enterprises, Inc. will post 9.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.