Insight Enterprises (NASDAQ:NSIT) Hits New 12-Month High - What's Next?

Key Points

• Insight Enterprises shares hit a new 52-week high, reaching $178.23 before trading near $173.53, up 1.8% from the prior close.
• Analyst sentiment remains mixed, with three Buy ratings and four Holds; the consensus rating is Hold and the $147.50 average price target is below the current share price.
• The company exceeded quarterly expectations, reporting $3.86 in adjusted EPS versus $2.93 expected and $2.40 billion in revenue, up 14.7% year over year. Management issued fiscal 2026 EPS guidance of $12.20–$12.70.

Insight Enterprises, Inc. (NASDAQ:NSIT - Get Free Report) shares reached a new 52-week high on Friday. The stock traded as high as $178.23 and last traded at $173.5340, with a volume of 51,423 shares traded. The stock had previously closed at $171.27.

Wall Street Analysts Forecast Growth

NSIT has been the topic of several research reports. Weiss Ratings raised shares of Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Zacks Research downgraded shares of Insight Enterprises from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 6th. JPMorgan Chase & Co. lifted their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Barrington Research set a $180.00 price objective on shares of Insight Enterprises in a research note on Monday, August 10th. Finally, Raymond James Financial reissued an "outperform" rating and set a $175.00 target price on shares of Insight Enterprises in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $147.50.

Insight Enterprises Trading Up 1.8%

The firm has a 50 day simple moving average of $158.23 and a 200 day simple moving average of $123.55. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. The firm has a market cap of $5.12 billion, a P/E ratio of 25.53, a P/E/G ratio of 1.24 and a beta of 1.06.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last posted its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.93 by $0.93. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the firm earned $2.45 EPS. The company'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 predict that Insight Enterprises, Inc. will post 11.50 EPS for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Karim Adatia sold 248 shares of the business's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $157.40, for a total transaction of $39,035.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.21% of the company's stock.

Institutional Trading of Insight Enterprises

Several institutional investors and hedge funds have recently bought and sold shares of NSIT. Integrated Wealth Concepts LLC purchased a new position in shares of Insight Enterprises during the 2nd quarter valued at $32,000. Polaris Financial Partners bought a new position in shares of Insight Enterprises in the third quarter worth $41,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Insight Enterprises in the third quarter worth $51,000. Farther Finance Advisors LLC raised its position in shares of Insight Enterprises by 35.2% in the third quarter. Farther Finance Advisors LLC now owns 338 shares of the software maker's stock worth $53,000 after buying an additional 88 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of Insight Enterprises by 301.4% in the second quarter. IFP Advisors Inc now owns 566 shares of the software maker's stock worth $69,000 after buying an additional 425 shares in the last quarter.

About Insight Enterprises

Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.

Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.

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