Insight Enterprises, Inc. $NSIT Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 700.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,960 shares of the software maker’s stock after acquiring an additional 20,093 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Insight Enterprises were worth $1,871,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Versor Investments LP acquired a new position in shares of Insight Enterprises in the 4th quarter valued at $310,000. Equitable Trust Co. boosted its position in shares of Insight Enterprises by 44.3% in the 4th quarter. Equitable Trust Co. now owns 9,690 shares of the software maker’s stock valued at $789,000 after purchasing an additional 2,975 shares during the period. Strs Ohio boosted its position in shares of Insight Enterprises by 21.9% in the 4th quarter. Strs Ohio now owns 11,700 shares of the software maker’s stock valued at $953,000 after purchasing an additional 2,100 shares during the period. Torren Management LLC acquired a new position in shares of Insight Enterprises in the 4th quarter valued at $44,000. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Insight Enterprises by 51.8% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,286 shares of the software maker’s stock valued at $431,000 after purchasing an additional 1,804 shares during the period.

Insight Enterprises Stock Up 2.7%

Shares of Insight Enterprises stock opened at $102.83 on Thursday. The stock has a 50-day simple moving average of $77.26 and a 200-day simple moving average of $81.98. 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 52-week low of $63.62 and a 52-week high of $148.58. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 17.98, a P/E/G ratio of 0.88 and a beta of 0.96.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, beating 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 business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the business earned $2.06 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, equities research analysts expect that Insight Enterprises, Inc. will post 11.34 earnings per share for the current fiscal year.

Insider Buying and Selling at Insight Enterprises

In related news, CFO James A. Morgado acquired 2,290 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $87.25 per share, with a total value of $199,802.50. Following the purchase, the chief financial officer owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.21% of the company’s stock.

Wall Street Analysts Forecast Growth

NSIT has been the subject of a number of recent analyst reports. Barrington Research reiterated an “outperform” rating and issued a $120.00 price target on shares of Insight Enterprises in a research report on Friday, February 6th. Wall Street Zen upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Raymond James Financial upgraded Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research report on Thursday, May 7th. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a research report on Wednesday. Finally, Canaccord Genuity Group set a $75.00 price objective on Insight Enterprises in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average 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.