Aristotle Capital Boston LLC Sells 10,323 Shares of Insight Enterprises, Inc. $NSIT

Aristotle Capital Boston LLC decreased its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 9.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 100,228 shares of the software maker’s stock after selling 10,323 shares during the quarter. Aristotle Capital Boston LLC’s holdings in Insight Enterprises were worth $8,166,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Xponance Inc. raised its holdings in Insight Enterprises by 5.1% in the third quarter. Xponance Inc. now owns 2,454 shares of the software maker’s stock worth $278,000 after purchasing an additional 119 shares in the last quarter. Creative Planning raised its holdings in Insight Enterprises by 1.8% in the third quarter. Creative Planning now owns 7,630 shares of the software maker’s stock worth $865,000 after purchasing an additional 135 shares in the last quarter. CWM LLC raised its holdings in 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 in the last quarter. Raymond James Financial Inc. raised its holdings in Insight Enterprises by 1.6% in the third quarter. Raymond James Financial Inc. now owns 9,854 shares of the software maker’s stock worth $1,118,000 after purchasing an additional 154 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Insight Enterprises by 26.0% in the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after purchasing an additional 160 shares in the last quarter.

Insight Enterprises Trading Down 2.1%

NASDAQ NSIT opened at $106.96 on Thursday. Insight Enterprises, Inc. has a 12 month low of $63.62 and a 12 month high of $148.58. The stock has a market cap of $3.23 billion, a P/E ratio of 18.70, a P/E/G ratio of 0.96 and a beta of 1.10. The stock’s fifty day moving average price is $89.92 and its 200-day moving average price is $84.49. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.43. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The firm had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period 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, equities analysts forecast that Insight Enterprises, Inc. will post 11.43 EPS for the current fiscal year.

Insider Activity at Insight Enterprises

In other Insight Enterprises news, CFO James A. Morgado acquired 2,290 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of $87.25 per share, with a total value of $199,802.50. Following the completion of the transaction, the chief financial officer directly 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.21% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Insight Enterprises in a report on Thursday, April 2nd. Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research note on Friday, May 8th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research note on Wednesday, May 27th. 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 company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $100.00.

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.