Henshaw Capital LLC Grows Position in Insight Enterprises, Inc. $NSIT

Henshaw Capital LLC grew its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 27.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,620 shares of the software maker’s stock after acquiring an additional 3,981 shares during the quarter. Henshaw Capital LLC owned 0.06% of Insight Enterprises worth $1,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. CWM LLC lifted its position in shares of 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 purchased a new position in Insight Enterprises during the fourth quarter worth about $44,000. Caitong International Asset Management Co. Ltd grew its position in Insight Enterprises by 172.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker’s stock worth $47,000 after purchasing an additional 368 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in 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 buying an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Insight Enterprises by 26.0% in 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 during the last quarter.

Insight Enterprises Stock Up 0.9%

NSIT opened at $128.93 on Friday. Insight Enterprises, Inc. has a twelve month low of $63.62 and a twelve month high of $142.43. The company’s 50-day moving average price is $114.29 and its two-hundred day moving average price is $91.94. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.18 and a beta of 1.08. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.43. The company 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%. Insight Enterprises’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, equities analysts expect that Insight Enterprises, Inc. will post 10.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on NSIT shares. Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research note on Friday, May 8th. Weiss Ratings upgraded Insight Enterprises from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, June 17th. Wall Street Zen cut Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Sunday. JPMorgan Chase & Co. upgraded Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price objective for the company in a research note on Wednesday, May 27th. Finally, Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Insiders Place Their Bets

In other news, CFO James A. Morgado bought 2,290 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired 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 $1,504,713.50. This represents a 15.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.21% of the company’s stock.

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.