Insight Enterprises (NASDAQ:NSIT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Insight Enterprises (NASDAQ:NSIT) from a hold rating to a buy rating in a research note released on Sunday morning.

Other analysts also recently issued research reports about the company. Weiss Ratings downgraded Insight Enterprises from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $90.00 target price (down from $117.00) on shares of Insight Enterprises in a research report on Monday, December 15th. Barrington Research reaffirmed an “outperform” rating and issued a $120.00 target price on shares of Insight Enterprises in a research report on Friday, February 6th. Finally, Canaccord Genuity Group set a $90.00 target price on Insight Enterprises in a research report on Friday, February 6th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Insight Enterprises currently has a consensus rating of “Reduce” and a consensus price target of $100.00.

Insight Enterprises Stock Performance

Shares of Insight Enterprises stock opened at $70.64 on Friday. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 0.68 and a beta of 0.96. The stock’s 50-day moving average is $79.60 and its 200-day moving average is $88.36. Insight Enterprises has a one year low of $63.62 and a one year high of $148.58. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.25 and a quick ratio of 1.22.

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

Hedge Funds Weigh In On Insight Enterprises

A number of institutional investors have recently bought and sold shares of NSIT. Royal Bank of Canada increased its position in Insight Enterprises by 684.8% during the first quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock worth $3,664,000 after buying an additional 21,310 shares during the last quarter. AQR Capital Management LLC increased its position in Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock worth $2,264,000 after buying an additional 4,293 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Insight Enterprises during the first quarter worth approximately $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 buying an additional 714 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Insight Enterprises by 5.3% during 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 worth $11,138,000 after buying an additional 3,722 shares during the last quarter.

Insight Enterprises Company 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.