Quantinno Capital Management LP Increases Stock Position in Insight Enterprises, Inc. $NSIT

Quantinno Capital Management LP increased its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT) by 38.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,250 shares of the software maker’s stock after buying an additional 3,392 shares during the period. Quantinno Capital Management LP’s holdings in Insight Enterprises were worth $821,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Morgan Stanley lifted its position in shares of Insight Enterprises by 15.6% during the fourth quarter. Morgan Stanley now owns 2,681,920 shares of the software maker’s stock worth $218,496,000 after acquiring an additional 362,258 shares in the last quarter. State Street Corp grew its position in shares of Insight Enterprises by 3.2% in the fourth quarter. State Street Corp now owns 1,183,203 shares of the software maker’s stock valued at $96,396,000 after purchasing an additional 36,566 shares in the last quarter. Paradigm Capital Management Inc. NY raised its stake in shares of Insight Enterprises by 17.9% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 955,933 shares of the software maker’s stock valued at $64,057,000 after purchasing an additional 145,169 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Insight Enterprises by 11.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 906,400 shares of the software maker’s stock worth $73,847,000 after purchasing an additional 94,877 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Insight Enterprises by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 741,948 shares of the software maker’s stock worth $60,457,000 after purchasing an additional 8,919 shares in the last quarter.

Insight Enterprises Stock Down 3.2%

NSIT stock opened at $149.31 on Tuesday. The company’s 50 day moving average is $122.78 and its 200 day moving average is $97.02. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 1.18 and a beta of 1.07. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $157.35.

Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.93. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the business posted $2.45 earnings per share. Insight Enterprises’s revenue for the quarter was up 14.7% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Sell-side analysts predict that Insight Enterprises, Inc. will post 10.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. raised their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Zacks Research raised shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a report on Friday, May 8th. Finally, Wall Street Zen cut shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $147.50.

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.