Insight Enterprises (NASDAQ:NSIT) Releases FY 2026 Earnings Guidance
by Tristan Rich · The Markets DailyInsight Enterprises (NASDAQ:NSIT – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.200-12.700 for the period, compared to the consensus EPS estimate of 11.300. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of brokerages have issued reports on NSIT. Weiss Ratings raised Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. JPMorgan Chase & Co. upgraded shares of Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 price target on the stock in a research note on Wednesday, May 27th. Canaccord Genuity Group set a $75.00 price objective 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 report on Wednesday, May 27th. Finally, Wall Street Zen cut shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Sunday. 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $100.00.
Get Our Latest Research Report on NSIT
Insight Enterprises Trading Up 1.5%
Shares of NASDAQ:NSIT traded up $2.10 during midday trading on Thursday, hitting $142.38. The company had a trading volume of 144,041 shares, compared to its average volume of 468,409. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. Insight Enterprises has a 12 month low of $63.62 and a 12 month high of $148.85. The firm has a fifty day simple moving average of $116.46 and a 200 day simple moving average of $93.08. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 1.26 and a beta of 1.07.
Insight Enterprises (NASDAQ:NSIT – Get Free Report) last posted its earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.43. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the previous year, the company posted $2.06 earnings per share. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. On average, analysts predict that Insight Enterprises will post 10.89 EPS for the current year.
Insider Transactions at Insight Enterprises
In other news, CFO James A. Morgado bought 2,290 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired 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 of the company’s stock, valued at approximately $1,504,713.50. This trade represents a 15.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.21% of the company’s stock.
Hedge Funds Weigh In On Insight Enterprises
A number of institutional investors and hedge funds have recently bought and sold shares of NSIT. Royal Bank of Canada raised its position in Insight Enterprises by 684.8% during the 1st quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock worth $3,664,000 after purchasing an additional 21,310 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock worth $2,264,000 after buying an additional 4,293 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Insight Enterprises during the 1st quarter worth about $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Insight Enterprises by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock valued at $2,432,000 after purchasing an additional 714 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Insight Enterprises by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock valued at $11,138,000 after acquiring an additional 3,722 shares in the last quarter.
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.