Capital International Investors Has $13.27 Million Stock Position in Insight Enterprises, Inc. $NSIT

Capital International Investors cut its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 51.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 162,924 shares of the software maker’s stock after selling 169,463 shares during the quarter. Capital International Investors’ holdings in Insight Enterprises were worth $13,273,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC grew its stake in Insight Enterprises by 39.2% in the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock valued at $43,000 after buying an additional 149 shares during the last quarter. Torren Management LLC acquired a new position in Insight Enterprises in the 4th quarter valued at $44,000. Annis Gardner Whiting Capital Advisors LLC grew its stake 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 valued at $48,000 after buying an additional 170 shares during the last quarter. Hantz Financial Services Inc. grew its stake in Insight Enterprises by 467.1% in the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after buying an additional 668 shares during the last quarter. Finally, Covestor Ltd grew its stake in Insight Enterprises by 32.2% in the 4th quarter. Covestor Ltd now owns 879 shares of the software maker’s stock valued at $72,000 after buying an additional 214 shares during the last quarter.

Analyst Upgrades and Downgrades

NSIT has been the topic of several research analyst reports. Canaccord Genuity Group set a $75.00 price target on shares of Insight Enterprises in a research report on Friday, May 8th. Raymond James Financial upgraded shares of Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Thursday, May 7th. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research report on Wednesday, May 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Insight Enterprises presently has an average rating of “Hold” and a consensus price target of $100.00.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado acquired 2,290 shares of Insight Enterprises stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $87.25 per share, with a total value of $199,802.50. Following the acquisition, the chief financial officer owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.21% of the company’s stock.

Insight Enterprises Stock Performance

NASDAQ NSIT opened at $109.80 on Wednesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 19.20, a P/E/G ratio of 0.96 and a beta of 1.10. The company’s fifty day moving average is $84.80 and its two-hundred day moving average is $83.44. Insight Enterprises, Inc. has a 52-week low of $63.62 and a 52-week high of $148.58.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.43. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.12 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Equities research analysts forecast that Insight Enterprises, Inc. will post 11.43 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.