Jupiter Topco LLC Takes Position in Insight Enterprises, Inc. $NSIT

Key Points

• Jupiter Topco LLC initiated a position in Insight Enterprises during the second quarter, purchasing 12,274 shares valued at approximately $1.5 million. Several other institutional investors also increased their holdings.
• Insight Enterprises reported strong quarterly results, with EPS of $3.86 versus the $2.93 consensus estimate and revenue of $2.40 billion, up 14.7% year over year. The company issued fiscal 2026 EPS guidance of $12.20–$12.70.
• NSIT shares opened at $160.98, near their 52-week high of $161.76. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $147.50, while an insider recently sold 248 shares.

Jupiter Topco LLC bought a new stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,274 shares of the software maker's stock, valued at approximately $1,497,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. CWM LLC grew its holdings in Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker's stock valued at $43,000 after purchasing an additional 149 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of 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 purchasing an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of 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 worth $48,000 after buying an additional 170 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Insight Enterprises by 467.1% during 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 boosted its holdings in shares of 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 period.

Insider Buying and Selling at Insight Enterprises

In related news, General Counsel Karim Adatia sold 248 shares of Insight Enterprises stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $157.40, for a total value of $39,035.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.21% of the stock is currently owned by insiders.

Insight Enterprises Stock Up 1.1%

NSIT opened at $160.98 on Friday. The company has a market capitalization of $4.72 billion, a P/E ratio of 23.57, a P/E/G ratio of 1.15 and a beta of 1.10. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.15. The firm's fifty day moving average price is $134.49 and its two-hundred day moving average price is $103.47. Insight Enterprises, Inc. has a fifty-two week low of $63.62 and a fifty-two week high of $161.76.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.93. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the business earned $2.45 EPS. The firm's revenue was up 14.7% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. On average, analysts anticipate that Insight Enterprises, Inc. will post 11.5 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NSIT. Barrington Research set a $180.00 price objective on Insight Enterprises in a research note on Monday, August 10th. JPMorgan Chase & Co. raised their target price on Insight Enterprises from $135.00 to $160.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a research report on Friday, May 8th. Zacks Research raised Insight Enterprises from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th. Finally, Needham & Company LLC upgraded shares of Insight Enterprises to an "overweight" rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $147.50.

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.

Want to see what other hedge funds are holding NSIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report).

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.