Insight Enterprises, Inc. (NASDAQ:NSIT) Stock Has Consensus Price Target of $147.50 According to Analysts

Insight Enterprises, Inc. (NASDAQ:NSIT) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $147.50.

A number of analysts recently weighed in on the stock. Zacks Research raised shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Raymond James Financial reissued an “outperform” rating and set a $175.00 target price on shares of Insight Enterprises in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. raised their price target on shares of Insight Enterprises from $135.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, Barrington Research set a $180.00 price target on Insight Enterprises in a report on Monday, August 10th.

Insight Enterprises Stock Performance

Shares of NASDAQ NSIT opened at $159.49 on Friday. The stock has a market capitalization of $4.68 billion, a P/E ratio of 23.35, a P/E/G ratio of 1.16 and a beta of 1.06. Insight Enterprises has a 52-week low of $63.62 and a 52-week high of $168.50. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.92. The firm’s 50-day moving average price is $152.74 and its two-hundred day moving average price is $115.32.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.93. The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.18 billion. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%.The firm’s revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.45 EPS. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. As a group, sell-side analysts forecast that Insight Enterprises will post 11.5 earnings per share for the current year.

Insider Buying and Selling

In other Insight Enterprises news, General Counsel Karim Adatia sold 248 shares of Insight Enterprises stock in a transaction on Friday, August 28th. The stock was sold at an average price of $157.40, for a total transaction of $39,035.20. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.21% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new stake in shares of Insight Enterprises during the second quarter valued at about $32,000. Polaris Financial Partners bought a new position in Insight Enterprises in the 3rd quarter valued at about $41,000. 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 valued at $47,000 after buying an additional 368 shares in the last quarter. IFP Advisors Inc increased its stake in Insight Enterprises by 301.4% during the 2nd quarter. IFP Advisors Inc now owns 566 shares of the software maker’s stock valued at $69,000 after buying an additional 425 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in Insight Enterprises during the 1st quarter valued at about $117,000.

About Insight Enterprises

Insight Enterprises, Inc is a global technology solutions and services provider that helps organizations plan, procure, implement and manage information technology. The company offers hardware, software, cloud solutions and related services from technology vendors, serving businesses, government agencies, schools and other institutions.

Its services include cloud and data center solutions, cybersecurity, managed services, digital transformation, modern workplace initiatives, software asset management and IT consulting.