Virtus Advisers LLC Acquires Shares of 7,489 Insight Enterprises, Inc. $NSIT

Key Points

• Virtus Advisers LLC initiated a position in Insight Enterprises during the second quarter, purchasing 7,489 shares valued at approximately $912,000. Several other institutional investors also increased or initiated holdings.
• Insight Enterprises reported strong quarterly results, with earnings of $3.86 per share 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 $146.27, near the analyst consensus price target of $147.50. The stock carries a “Moderate Buy” consensus rating, with recent upgrades from Needham and Zacks Research.

Virtus Advisers LLC bought a new position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,489 shares of the software maker's stock, valued at approximately $912,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. CWM LLC grew its holdings in shares of Insight Enterprises by 39.2% in the fourth quarter. CWM LLC now owns 529 shares of the software maker's stock valued at $43,000 after acquiring an additional 149 shares in the last quarter. Torren Management LLC bought a new stake in Insight Enterprises during the fourth quarter worth $44,000. Caitong International Asset Management Co. Ltd lifted its holdings 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 acquiring an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its position 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 worth $48,000 after purchasing an additional 170 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its position in Insight Enterprises by 467.1% in the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker's stock worth $66,000 after purchasing an additional 668 shares during the last quarter.

Insight Enterprises Stock Performance

Shares of NSIT opened at $146.27 on Friday. Insight Enterprises, Inc. has a 1 year low of $63.62 and a 1 year high of $157.35. 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 stock's fifty day moving average price is $125.05 and its two-hundred day moving average price is $98.37. The firm has a market cap of $4.29 billion, a PE ratio of 21.42, a PEG ratio of 1.07 and a beta of 1.07.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on NSIT shares. Needham & Company LLC raised Insight Enterprises to an "overweight" rating in a research report on Wednesday, May 27th. Zacks Research raised shares of Insight Enterprises from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 7th. Weiss Ratings upgraded shares of Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Canaccord Genuity Group set a $75.00 price objective on shares of Insight Enterprises in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $147.50.

Insight Enterprises 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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