Henshaw Capital LLC Grows Position in Insight Enterprises, Inc. $NSIT

Henshaw Capital LLC grew its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 27.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,620 shares of the software maker’s stock after purchasing an additional 3,981 shares during the quarter. Henshaw Capital LLC’s holdings in Insight Enterprises were worth $1,248,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of NSIT. Morgan Stanley raised its position in shares of Insight Enterprises by 15.6% in the fourth quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock valued at $218,496,000 after purchasing an additional 362,258 shares during the period. State Street Corp raised its stake in shares of Insight Enterprises by 3.2% during the 4th quarter. State Street Corp now owns 1,183,203 shares of the software maker’s stock valued at $96,396,000 after purchasing an additional 36,566 shares during the period. Paradigm Capital Management Inc. NY raised its stake in shares of Insight Enterprises by 17.9% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 955,933 shares of the software maker’s stock valued at $64,057,000 after purchasing an additional 145,169 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Insight Enterprises by 11.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 906,400 shares of the software maker’s stock worth $73,847,000 after purchasing an additional 94,877 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Insight Enterprises by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 741,948 shares of the software maker’s stock worth $60,457,000 after purchasing an additional 8,919 shares during the period.

Analysts Set New Price Targets

A number of research firms have weighed in on NSIT. Zacks Research raised Insight Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price objective for the company in a research report on Wednesday, May 27th. Wall Street Zen cut shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Needham & Company LLC raised shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Finally, Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Insight Enterprises has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

Insight Enterprises Stock Performance

NASDAQ:NSIT opened at $128.93 on Friday. The stock has a market cap of $3.89 billion, a P/E ratio of 22.54, a PEG ratio of 1.18 and a beta of 1.08. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $114.29 and its two-hundred day moving average price is $91.94. Insight Enterprises, Inc. has a twelve month low of $63.62 and a twelve month high of $142.43.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.43. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, equities analysts predict that Insight Enterprises, Inc. will post 10.89 EPS for the current fiscal year.

Insider Activity at Insight Enterprises

In related news, CFO James A. Morgado purchased 2,290 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of $87.25 per share, with a total value of $199,802.50. Following the acquisition, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. This represents 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. 1.21% of the stock is owned by insiders.

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.