Insight Enterprises (NASDAQ:NSIT) Shares Break Above 200-Day Moving Average - Should You Sell?

Key Points

• Insight Enterprises shares broke above their 200-day moving average, reaching $157.26 and last trading at $155.64, compared with the $112.51 long-term average.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $147.50; individual targets range from $160 to $180, suggesting mixed but generally positive sentiment.
• The company reported quarterly earnings of $3.86 per share, beating estimates of $2.93, while revenue rose 14.7% year over year to $2.40 billion.

Insight Enterprises, Inc. (NASDAQ:NSIT - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $112.51 and traded as high as $157.26. Insight Enterprises shares last traded at $155.64, with a volume of 232,513 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NSIT shares. JPMorgan Chase & Co. raised their price objective on Insight Enterprises from $135.00 to $160.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. 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. Wall Street Zen cut shares of Insight Enterprises from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 12th. Raymond James Financial reaffirmed an "outperform" rating and issued a $175.00 price objective on shares of Insight Enterprises in a research report on Thursday, August 6th. Finally, Barrington Research set a $180.00 price objective on shares of Insight Enterprises in a research note on Monday, August 10th. One investment 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 stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $147.50.

Insight Enterprises Stock Down 0.2%

The company has a 50-day moving average of $148.78 and a 200-day moving average of $112.51. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.13 and a beta of 1.10. 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 results on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the firm earned $2.45 earnings per share. The company'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, equities analysts predict that Insight Enterprises, Inc. will post 11.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Insight Enterprises news, General Counsel Karim Adatia sold 248 shares of the company'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 document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.21% of the company's stock.

Institutional Investors Weigh In On Insight Enterprises

A number of large investors have recently made changes to their positions in NSIT. BlackRock Inc. acquired a new position in shares of Insight Enterprises in the 2nd quarter valued at $587,162,000. Paradigm Capital Management Inc. NY acquired a new stake in Insight Enterprises during the 2nd quarter worth about $116,563,000. Bank of America Corp DE acquired a new stake in Insight Enterprises during the 2nd quarter worth about $36,643,000. Norges Bank purchased a new stake in Insight Enterprises during the 4th quarter valued at about $36,209,000. Finally, Alyeska Investment Group L.P. purchased a new stake in Insight Enterprises during the 2nd quarter valued at about $26,602,000.

Insight Enterprises Company Profile

Insight Enterprises, Inc is a global technology solutions and services provider that helps organizations select, deploy and manage information technology. The company serves businesses, government agencies and educational institutions, providing technology products and expertise across the IT lifecycle.

Its offerings include hardware, software and cloud solutions, along with consulting, systems integration, managed services, data and artificial intelligence solutions, cybersecurity, digital transformation and modern workplace services.

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