Fiduciary Management Inc. WI Lowers Position in Insight Enterprises, Inc. $NSIT

Fiduciary Management Inc. WI lessened its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 4.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,322,558 shares of the software maker’s stock after selling 66,952 shares during the quarter. Fiduciary Management Inc. WI’s holdings in Insight Enterprises were worth $107,749,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in NSIT. CWM LLC lifted its stake 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 purchasing an additional 149 shares during the period. Torren Management LLC purchased a new position in shares of Insight Enterprises in the 4th quarter valued at approximately $44,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Insight Enterprises by 40.3% in 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 period. Hantz Financial Services Inc. lifted its stake in shares of Insight Enterprises by 467.1% in the 4th 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. Finally, Covestor Ltd lifted its stake in shares of Insight Enterprises by 32.2% in the 4th quarter. Covestor Ltd now owns 879 shares of the software maker’s stock valued at $72,000 after purchasing an additional 214 shares during the period.

Wall Street Analysts Forecast Growth

NSIT has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. raised 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. Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research report on Thursday, May 7th. Finally, Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $100.00.

Insiders Place Their Bets

In other Insight Enterprises news, CFO James A. Morgado acquired 2,290 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was purchased at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the acquisition, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. This trade represents a 15.31% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.21% of the stock is currently owned by corporate insiders.

Insight Enterprises Trading Down 6.5%

Shares of NASDAQ NSIT opened at $111.07 on Friday. The business’s 50 day moving average is $83.12 and its two-hundred day moving average is $83.14. 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 stock has a market capitalization of $3.35 billion, a P/E ratio of 19.42, a PEG ratio of 0.97 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. The firm had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.During the same quarter in the prior year, the firm posted $2.06 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, research analysts expect that Insight Enterprises, Inc. will post 11.43 EPS for the current 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.