4,844 Shares in Insight Enterprises, Inc. $NSIT Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,844 shares of the software maker’s stock, valued at approximately $395,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Insight Enterprises during the 3rd quarter worth $48,000. CWM LLC increased its stake in Insight Enterprises by 39.2% during the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after buying an additional 149 shares during the period. Torren Management LLC purchased a new stake in Insight Enterprises during the 4th quarter worth $44,000. EverSource Wealth Advisors LLC increased its stake in Insight Enterprises by 26.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after buying an additional 160 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in Insight Enterprises by 467.1% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock worth $66,000 after buying an additional 668 shares during the period.

Insiders Place Their Bets

In related news, CFO James A. Morgado acquired 2,290 shares of the firm’s stock in a transaction on 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 directly owned 17,246 shares in the company, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.21% of the stock is currently owned by corporate insiders.

Insight Enterprises Price Performance

Shares of NSIT stock opened at $103.38 on Friday. The firm has a market cap of $3.12 billion, a P/E ratio of 18.07, a P/E/G ratio of 0.91 and a beta of 0.96. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $148.58. The firm has a fifty day moving average of $77.73 and a two-hundred day moving average of $82.07.

Insight Enterprises (NASDAQ:NSIT) last announced 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 during 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%. 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 business earned $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, research analysts anticipate that Insight Enterprises, Inc. will post 11.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.