Insight Enterprises (NASDAQ:NSIT) Upgraded at JPMorgan Chase & Co.

Insight Enterprises (NASDAQ:NSIT) was upgraded by equities researchers at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued on Wednesday. The firm currently has a $105.00 price objective on the software maker’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 4.90% from the company’s current price.

Several other analysts have also recently commented on the stock. Wall Street Zen raised shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Raymond James Financial raised shares of Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research note on Thursday, May 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a report on Friday, May 8th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th. 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 company’s stock. According to data from MarketBeat.com, Insight Enterprises has a consensus rating of “Hold” and a consensus target price of $100.00.

Insight Enterprises Trading Up 2.4%

Shares of Insight Enterprises stock opened at $100.10 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. Insight Enterprises has a 1 year low of $63.62 and a 1 year high of $148.58. The company has a market capitalization of $3.02 billion, a P/E ratio of 17.50, a P/E/G ratio of 0.86 and a beta of 0.96. The business has a 50 day moving average price of $76.83 and a 200 day moving average price of $81.90.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, topping the consensus estimate of $2.45 by $0.43. The firm had revenue of $2.13 billion during 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% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Sell-side analysts anticipate that Insight Enterprises will post 11.34 EPS for the current fiscal year.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado bought 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, for a total transaction of $199,802.50. Following the purchase, the chief financial officer owned 17,246 shares in the company, valued at $1,504,713.50. This represents a 15.31% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.21% of the company’s stock.

Institutional Trading of Insight Enterprises

Several institutional investors have recently added to or reduced their stakes in NSIT. CWM LLC grew its holdings 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 acquiring an additional 149 shares in the last quarter. Torren Management LLC bought a new stake in Insight Enterprises in the fourth quarter valued at about $44,000. Caitong International Asset Management Co. Ltd raised its stake in Insight Enterprises by 172.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker’s stock valued at $47,000 after buying an additional 368 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Insight Enterprises during the 3rd quarter worth approximately $48,000. Finally, Hantz Financial Services Inc. lifted its holdings 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 last quarter.

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.