Insight Enterprises, Inc. $NSIT Shares Sold by EULAV Asset Management

EULAV Asset Management reduced its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT) by 82.1% during the 4th quarter, Holdings Channel reports. The firm owned 8,910 shares of the software maker’s stock after selling 40,987 shares during the quarter. EULAV Asset Management’s holdings in Insight Enterprises were worth $726,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. State of Wyoming grew its holdings in Insight Enterprises by 59.0% in the fourth quarter. State of Wyoming now owns 2,315 shares of the software maker’s stock valued at $189,000 after purchasing an additional 859 shares during the period. BNP Paribas Financial Markets grew its holdings in Insight Enterprises by 21.9% in the fourth quarter. BNP Paribas Financial Markets now owns 188,444 shares of the software maker’s stock valued at $15,353,000 after purchasing an additional 33,880 shares during the period. Norges Bank acquired a new stake in Insight Enterprises in the fourth quarter valued at approximately $36,209,000. Geode Capital Management LLC grew its holdings in Insight Enterprises by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 741,948 shares of the software maker’s stock valued at $60,457,000 after purchasing an additional 8,919 shares during the period. Finally, Studio Investment Management LLC grew its holdings in Insight Enterprises by 21.8% in the fourth quarter. Studio Investment Management LLC now owns 3,555 shares of the software maker’s stock valued at $290,000 after purchasing an additional 636 shares during the period.

Insider Buying and Selling

In related news, CFO James A. Morgado acquired 2,290 shares of Insight Enterprises stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the transaction, the chief financial officer owned 17,246 shares in the company, valued at $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 available at this link. Insiders own 1.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on NSIT shares. Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a report on Thursday, May 7th. Barrington Research reaffirmed an “outperform” rating and issued a $120.00 price target on shares of Insight Enterprises in a research note on Friday, February 6th. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insight Enterprises in a research note on Thursday, April 2nd. Finally, JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research note on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $100.00.

Insight Enterprises Stock Performance

Shares of NASDAQ:NSIT opened at $111.07 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. The business’s 50 day moving average price is $83.12 and its 200-day moving average price is $83.14. The firm has a market capitalization of $3.35 billion, a PE ratio of 19.42, a P/E/G ratio of 1.04 and a beta of 1.10. Insight Enterprises, Inc. has a 1 year low of $63.62 and a 1 year high of $148.58.

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 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 analyst estimates of $2.12 billion. During the same period in the previous year, the company posted $2.06 earnings per share. The business’s 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 research analysts expect that Insight Enterprises, Inc. will post 11.43 earnings per share for the current fiscal year.

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.