Insight Enterprises, Inc. $NSIT Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors reduced its Insight Enterprises stake by 3.6% in the first quarter, selling 32,573 shares. It still held 873,827 shares, worth approximately $58.6 million, or 2.88% of the company.
• Insight’s CFO James A. Morgado purchased 2,290 shares for roughly $199,800, increasing his direct position by 15.31%. Other institutional investors also reported changes, with several smaller funds adding to their holdings.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and a $100 price target. The company recently exceeded quarterly EPS estimates, reporting $2.88 versus the $2.45 consensus, while revenue rose 1.2% year over year to $2.13 billion.

Dimensional Fund Advisors LP lessened its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 3.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 873,827 shares of the software maker's stock after selling 32,573 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.88% of Insight Enterprises worth $58,551,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NSIT. CWM LLC increased its holdings in shares of Insight Enterprises by 39.2% in the 4th quarter. CWM LLC now owns 529 shares of the software maker's stock valued at $43,000 after acquiring an additional 149 shares during the last quarter. Torren Management LLC purchased a new stake in Insight Enterprises during the fourth quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd lifted its stake in Insight Enterprises by 172.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker's stock worth $47,000 after purchasing an additional 368 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Insight Enterprises by 40.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker's stock valued at $48,000 after purchasing an additional 170 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in 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 purchasing an additional 160 shares during the last quarter.

Insider Activity

In related news, CFO James A. Morgado purchased 2,290 shares of the company's stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the transaction, the chief financial officer directly owned 17,246 shares of the company's stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on NSIT. Weiss Ratings raised shares of Insight Enterprises from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, June 17th. Zacks Research upgraded shares of Insight Enterprises from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 7th. Needham & Company LLC raised shares of Insight Enterprises to an "overweight" rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an "underweight" rating to a "neutral" rating and set a $105.00 price target on the stock in a research note on Wednesday, May 27th. Finally, Wall Street Zen cut shares of Insight Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Sunday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Insight Enterprises currently has a consensus rating of "Moderate Buy" and a consensus target price of $100.00.

Insight Enterprises Stock Up 0.9%

NSIT stock opened at $128.93 on Friday. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 1.18 and a beta of 1.08. The company has a fifty day moving average price of $114.29 and a 200 day moving average price of $91.94. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. Insight Enterprises, Inc. has a 12 month low of $63.62 and a 12 month high of $142.43.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.43. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the firm posted $2.06 EPS. Insight Enterprises's revenue for the quarter was up 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Sell-side analysts expect that Insight Enterprises, Inc. will post 10.89 earnings per share for the current 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.

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