Kennedy Capital Management LLC Raises Stake in Insight Enterprises, Inc. $NSIT

Kennedy Capital Management LLC raised its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 36.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 242,104 shares of the software maker’s stock after purchasing an additional 65,029 shares during the quarter. Kennedy Capital Management LLC’s holdings in Insight Enterprises were worth $19,724,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CWM LLC lifted its holdings in Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock valued at $43,000 after purchasing an additional 149 shares in the last quarter. Torren Management LLC bought a new stake in shares of Insight Enterprises during the fourth quarter valued at approximately $44,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Insight Enterprises by 40.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock valued at $48,000 after buying an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Insight Enterprises by 26.0% during the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock valued at $107,000 after buying an additional 160 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of Insight Enterprises by 467.1% during the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock valued at $66,000 after buying an additional 668 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Insight Enterprises in a research report on Thursday, April 2nd. Canaccord Genuity Group set a $75.00 price objective on shares of Insight Enterprises in a research report on Friday, May 8th. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price objective on the stock in a research report on Wednesday, May 27th. Finally, Raymond James Financial upgraded shares of Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $100.00.

Insight Enterprises Trading Up 0.4%

NSIT stock opened at $111.05 on Friday. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 0.97 and a beta of 1.10. Insight Enterprises, Inc. has a twelve month low of $63.62 and a twelve month high of $148.58. 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 firm’s fifty day simple moving average is $87.44 and its two-hundred day simple moving average is $84.01.

Insight Enterprises (NASDAQ:NSIT) last issued its earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. The firm 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 business’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, analysts anticipate that Insight Enterprises, Inc. will post 11.43 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO James A. Morgado bought 2,290 shares of Insight Enterprises stock in a transaction on Monday, May 11th. The stock was acquired at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the acquisition, the chief financial officer owned 17,246 shares of the company’s stock, valued at $1,504,713.50. This trade represents a 15.31% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.21% of the stock is currently owned by company insiders.

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.