Kestrel Investment Management Corp Buys New Position in Insight Enterprises, Inc. $NSIT

Kestrel Investment Management Corp purchased a new stake in Insight Enterprises, Inc. (NASDAQ:NSIT) in the first quarter, Holdings Channel.com reports. The fund purchased 63,750 shares of the software maker’s stock, valued at approximately $4,272,000. Insight Enterprises makes up about 2.6% of Kestrel Investment Management Corp’s holdings, making the stock its 19th biggest holding.

Several other large investors have also bought and sold shares of NSIT. CWM LLC grew its stake in shares of Insight Enterprises by 39.2% in the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after acquiring an additional 149 shares in the last quarter. Torren Management LLC bought a new position in shares of Insight Enterprises during the fourth quarter valued at about $44,000. Caitong International Asset Management Co. Ltd boosted its holdings in Insight Enterprises by 172.0% during the fourth 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 during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position 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 worth $48,000 after purchasing an additional 170 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Insight Enterprises by 26.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after purchasing an additional 160 shares in the last quarter.

Insight Enterprises Stock Up 0.9%

NSIT opened at $115.67 on Friday. Insight Enterprises, Inc. has a 12 month low of $63.62 and a 12 month high of $148.58. The company has a market cap of $3.49 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 1.06 and a beta of 1.08. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. The company has a 50 day moving average of $107.46 and a 200 day moving average of $89.19.

Insight Enterprises (NASDAQ:NSIT) last issued its earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.43. The business had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.06 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, sell-side analysts expect that Insight Enterprises, Inc. will post 10.8 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently commented on the company. Canaccord Genuity Group set a $75.00 price target on Insight Enterprises in a research report on Friday, May 8th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price for the company in a research report on Wednesday, May 27th. Finally, Zacks Research upgraded Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Insight Enterprises presently has a consensus rating of “Moderate Buy” and an average price target of $100.00.

Insider Activity

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

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.