BNP Paribas Financial Markets Boosts Stock Position in Insight Enterprises, Inc. $NSIT

BNP Paribas Financial Markets lifted its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT) by 21.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 188,444 shares of the software maker’s stock after purchasing an additional 33,880 shares during the quarter. BNP Paribas Financial Markets’ holdings in Insight Enterprises were worth $15,353,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Xponance Inc. boosted its stake in Insight Enterprises by 5.1% during the third quarter. Xponance Inc. now owns 2,454 shares of the software maker’s stock worth $278,000 after buying an additional 119 shares during the period. State of Wyoming boosted its stake in Insight Enterprises by 9.2% during the third quarter. State of Wyoming now owns 1,456 shares of the software maker’s stock worth $165,000 after buying an additional 123 shares during the period. Creative Planning boosted its stake in Insight Enterprises by 1.8% during the third quarter. Creative Planning now owns 7,630 shares of the software maker’s stock worth $865,000 after buying an additional 135 shares during the period. CWM LLC boosted its stake in Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after buying an additional 149 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Insight Enterprises by 1.6% during the third quarter. Raymond James Financial Inc. now owns 9,854 shares of the software maker’s stock worth $1,118,000 after buying an additional 154 shares during the period.

Insider Transactions at Insight Enterprises

In related news, CFO James A. Morgado bought 2,290 shares of the business’s stock in a transaction 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 completion of the purchase, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. This trade represents a 15.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.21% of the stock is owned by company insiders.

Insight Enterprises Stock Performance

NSIT stock 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 has a 50-day moving average price of $83.12 and a 200 day moving average price of $83.14. The company has a market capitalization of $3.35 billion, a P/E ratio of 19.42, a PEG ratio of 0.97 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 released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.43. The firm had revenue of $2.13 billion during 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 firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.06 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, equities research analysts forecast that Insight Enterprises, Inc. will post 11.43 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on NSIT. JPMorgan Chase & Co. raised 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 note on Wednesday, May 27th. Wall Street Zen raised shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insight Enterprises in a research note on Thursday, April 2nd. Raymond James Financial raised shares of Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a research note on Thursday, May 7th. Finally, Canaccord Genuity Group set a $75.00 target price on Insight Enterprises in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $100.00.

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.