WINTON GROUP Ltd Makes New $4.40 Million Investment in Insight Enterprises, Inc. $NSIT

WINTON GROUP Ltd acquired a new position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 54,007 shares of the software maker’s stock, valued at approximately $4,400,000.

A number of other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in shares of Insight Enterprises by 11.5% in the 3rd quarter. Principal Financial Group Inc. now owns 151,848 shares of the software maker’s stock valued at $17,221,000 after purchasing an additional 15,655 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Insight Enterprises by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 4,091,041 shares of the software maker’s stock valued at $463,965,000 after purchasing an additional 179,599 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Insight Enterprises by 64.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 196,950 shares of the software maker’s stock valued at $22,336,000 after purchasing an additional 76,992 shares in the last quarter. Kennedy Capital Management LLC boosted its stake in shares of Insight Enterprises by 14.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 177,075 shares of the software maker’s stock valued at $20,082,000 after purchasing an additional 22,072 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Insight Enterprises by 31.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 250,509 shares of the software maker’s stock valued at $21,033,000 after purchasing an additional 59,987 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Canaccord Genuity Group set a $75.00 price target on shares of Insight Enterprises in a research note on Friday, May 8th. Needham & Company LLC upgraded shares of Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Insight Enterprises in a research note on Thursday, April 2nd. Wall Street Zen upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Insight Enterprises has a consensus rating of “Hold” and a consensus price target of $100.00.

Insider Activity

In other news, CFO James A. Morgado purchased 2,290 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer 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 SEC, which is available at this hyperlink. Company insiders own 1.21% of the company’s stock.

Insight Enterprises Stock Down 6.5%

NASDAQ:NSIT opened at $111.07 on Friday. The firm’s 50 day simple moving average is $83.12 and its 200 day simple moving average is $83.14. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. Insight Enterprises, Inc. has a one year low of $63.62 and a one year high of $148.58. The company has a market cap of $3.35 billion, a PE ratio of 19.42, a P/E/G ratio of 0.97 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results on Thursday, May 7th. The software maker reported $2.88 EPS for the quarter, topping the consensus estimate of $2.45 by $0.43. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the company earned $2.06 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, research analysts anticipate that Insight Enterprises, Inc. will post 11.43 earnings per share for the current year.

Insight Enterprises Company 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.