Insight Enterprises (NASDAQ:NSIT) Rating Lowered to Buy at Wall Street Zen

Insight Enterprises (NASDAQ:NSIT) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Sunday.

Several other research firms have also commented on NSIT. Weiss Ratings raised Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 17th. JPMorgan Chase & Co. upgraded Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research note on Wednesday, May 27th. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price target on shares of Insight Enterprises in a research report on Friday, May 8th. Finally, 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 report on Thursday, May 7th. One 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Insight Enterprises Price Performance

Shares of NSIT opened at $131.67 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.17 and a current ratio of 1.22. The company has a 50 day moving average price of $114.96 and a 200-day moving average price of $92.32. Insight Enterprises has a fifty-two week low of $63.62 and a fifty-two week high of $135.88. The stock has a market capitalization of $3.98 billion, a PE ratio of 23.02, a PEG ratio of 1.18 and a beta of 1.07.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.43. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.12 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. Insight Enterprises’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company posted $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Equities analysts predict that Insight Enterprises will post 10.89 earnings per share for the current fiscal year.

Insider Transactions at Insight Enterprises

In related news, CFO James A. Morgado purchased 2,290 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $87.25 per share, with a total value of $199,802.50. Following the completion of the acquisition, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. This represents a 15.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 the stock. CWM LLC increased its position in shares of 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 acquiring an additional 149 shares during the period. Torren Management LLC acquired a new stake in Insight Enterprises during the 4th quarter worth about $44,000. Caitong International Asset Management Co. Ltd grew its stake in Insight Enterprises by 172.0% during the 4th 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 last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in Insight Enterprises by 40.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock valued at $48,000 after purchasing an additional 170 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in shares of Insight Enterprises by 467.1% in the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after purchasing an additional 668 shares during the period.

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.