Insight Enterprises, Inc. $NSIT Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC cut its position in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 42.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,059 shares of the software maker's stock after selling 6,642 shares during the period. Headlands Technologies LLC's holdings in Insight Enterprises were worth $1,103,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of NSIT. CWM LLC lifted its holdings in shares of Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker's stock worth $43,000 after purchasing an additional 149 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Insight Enterprises by 172.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker's stock valued at $47,000 after buying an additional 368 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Insight Enterprises by 40.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker's stock worth $48,000 after buying an additional 170 shares during the period. Hantz Financial Services Inc. increased its holdings in Insight Enterprises by 467.1% in the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker's stock worth $66,000 after buying an additional 668 shares during the period. Finally, Covestor Ltd raised its position in Insight Enterprises by 32.2% during the 4th quarter. Covestor Ltd now owns 879 shares of the software maker's stock worth $72,000 after buying an additional 214 shares during the last quarter.

Analyst Ratings Changes

NSIT has been the subject of several research reports. Wall Street Zen upgraded shares of Insight Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Zacks Research raised shares of Insight Enterprises from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 7th. Needham & Company LLC upgraded shares of Insight Enterprises to an "overweight" rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upped their price target on shares of Insight Enterprises from $135.00 to $160.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Finally, Weiss Ratings raised Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $147.50.

Insight Enterprises Trading Up 0.9%

Shares of NASDAQ:NSIT opened at $157.02 on Tuesday. Insight Enterprises, Inc. has a 12-month low of $63.62 and a 12-month high of $159.41. The company has a market capitalization of $4.61 billion, a PE ratio of 22.99, a PEG ratio of 1.13 and a beta of 1.07. The business has a 50 day moving average of $131.11 and a two-hundred day moving average of $101.62. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 EPS for the quarter, topping analysts' consensus estimates of $2.93 by $0.93. The business had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business's revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company earned $2.45 EPS. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. As a group, analysts forecast that Insight Enterprises, Inc. will post 11.5 EPS 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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