Pacer Advisors Inc. Purchases Shares of 156,675 Insight Enterprises, Inc. $NSIT

Pacer Advisors Inc. purchased a new position in Insight Enterprises, Inc. (NASDAQ:NSIT) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 156,675 shares of the software maker’s stock, valued at approximately $12,764,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NSIT. CWM LLC increased its holdings in shares of Insight Enterprises by 39.2% in the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after purchasing an additional 149 shares during the last quarter. Torren Management LLC bought a new position in Insight Enterprises during the fourth quarter valued at approximately $44,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in 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 grew its holdings in Insight Enterprises by 26.0% during the 2nd 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 in the last quarter. Finally, Hantz Financial Services Inc. grew 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 valued at $66,000 after buying an additional 668 shares in the last quarter.

Insight Enterprises Stock Performance

Shares of NASDAQ NSIT opened at $108.44 on Friday. The business’s 50 day moving average is $91.40 and its two-hundred day moving average is $84.81. 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 $3.27 billion, a P/E ratio of 18.96, a PEG ratio of 0.95 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data 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 business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 earnings per share. 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.

Insider Buying and Selling at Insight Enterprises

In related news, CFO James A. Morgado purchased 2,290 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought 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 of the company’s stock, valued at approximately $1,504,713.50. This represents a 15.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.21% of the company’s stock.

Analysts Set New Price Targets

NSIT has been the topic of several recent research reports. Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Weiss Ratings raised shares of Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Canaccord Genuity Group set a $75.00 price target on shares of Insight Enterprises in a research report on Friday, May 8th. 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. Finally, JPMorgan Chase & Co. upgraded shares of 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. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

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.