Callan Family Office LLC Acquires Shares of 7,726 Insight Enterprises, Inc. $NSIT

Callan Family Office LLC purchased a new position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,726 shares of the software maker’s stock, valued at approximately $941,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. CWM LLC lifted its holdings in shares of Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after purchasing an additional 149 shares during the period. Torren Management LLC acquired a new position in Insight Enterprises in the 4th quarter valued at $44,000. Caitong International Asset Management Co. Ltd increased its stake 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 during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in Insight Enterprises by 40.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock worth $48,000 after buying an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Insight Enterprises by 26.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after buying an additional 160 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on NSIT shares. Canaccord Genuity Group set a $75.00 price objective on Insight Enterprises in a report on Friday, May 8th. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Raymond James Financial reissued an “outperform” rating and issued a $175.00 price target on shares of Insight Enterprises in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target on 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 objective on Insight Enterprises in a report on Monday, August 10th. 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 stock. According to MarketBeat.com, Insight Enterprises has a consensus rating of “Moderate Buy” and a consensus target price of $147.50.

Insight Enterprises Price Performance

NSIT stock opened at $145.29 on Tuesday. The stock’s 50 day moving average price is $126.46 and its 200 day moving average price is $99.28. The firm has a market cap of $4.26 billion, a P/E ratio of 21.27, a PEG ratio of 1.07 and a beta of 1.07. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. Insight Enterprises, Inc. has a 1 year low of $63.62 and a 1 year high of $157.35.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results 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 business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.45 earnings per share. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. On average, sell-side analysts expect that Insight Enterprises, Inc. will post 11.5 earnings per share for the current fiscal year.

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.