Public Sector Pension Investment Board Purchases 29,196 Shares of Insight Enterprises, Inc. $NSIT

Public Sector Pension Investment Board grew its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 31.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,761 shares of the software maker’s stock after buying an additional 29,196 shares during the period. Public Sector Pension Investment Board owned approximately 0.40% of Insight Enterprises worth $13,922,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of Insight Enterprises by 684.8% in the first quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock valued at $3,664,000 after acquiring an additional 21,310 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Insight Enterprises by 39.7% in the 1st quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock valued at $2,264,000 after purchasing an additional 4,293 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of Insight Enterprises during the 1st quarter worth approximately $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Insight Enterprises by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock worth $2,432,000 after purchasing an additional 714 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Insight Enterprises by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock valued at $11,138,000 after buying an additional 3,722 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NSIT shares. Barrington Research reissued an “outperform” rating and set a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th. Canaccord Genuity Group set a $90.00 target price on Insight Enterprises in a report on Friday, February 6th. Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $90.00 price objective (down from $117.00) on shares of Insight Enterprises in a research note on Monday, December 15th. Finally, Weiss Ratings cut shares of Insight Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $100.00.

Insight Enterprises Stock Performance

NASDAQ:NSIT opened at $85.11 on Friday. Insight Enterprises, Inc. has a twelve month low of $77.10 and a twelve month high of $168.96. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.83. The stock’s 50-day simple moving average is $83.67 and its 200 day simple moving average is $101.29. The firm has a market capitalization of $2.64 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 0.87 and a beta of 0.93.

Insight Enterprises (NASDAQ:NSIT) last issued its earnings results on Thursday, February 5th. The software maker reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. Insight Enterprises had a return on equity of 19.61% and a net margin of 1.91%.The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The business’s quarterly revenue was down 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, analysts anticipate that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal year.

Insight Enterprises Profile

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.