Insight 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 -.
Insight Enterprises Stock Performance
Insight Enterprises stock traded up $2.10 during midday trading on Thursday, reaching $142.38. The stock had a trading volume of 144,041 shares, compared to its average volume of 468,409. The firm has a market capitalization of $4.30 billion, a PE ratio of 25.24, a P/E/G ratio of 1.26 and a beta of 1.07. The company has a quick ratio of 1.17, a current ratio of 1.22 and a debt-to-equity ratio of 0.92. The firm’s 50-day moving average price is $116.46 and its 200 day moving average price is $93.08. Insight Enterprises has a 12 month low of $63.62 and a 12 month high of $148.85.
Insight Enterprises (NASDAQ:NSIT – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $0.43. The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.12 billion. Insight Enterprises had a net margin of 2.17% and a return on equity of 20.89%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.06 EPS. As a group, research analysts predict that Insight Enterprises will post 10.89 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Report on NSIT
Insider Transactions at Insight Enterprises
In other Insight Enterprises news, CFO James A. Morgado purchased 2,290 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $87.25 per share, for a total transaction of $199,802.50. Following the completion of the purchase, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. This represents a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.21% of the stock is owned by company insiders.
Hedge Funds Weigh In On Insight Enterprises
Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings 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 period. State of Wyoming acquired a new stake in shares of Insight Enterprises during the second quarter valued at approximately $184,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Insight Enterprises in the 1st quarter valued at approximately $221,000. Cerity Partners LLC boosted its stake in Insight Enterprises by 22.7% in the 2nd quarter. Cerity Partners LLC now owns 1,643 shares of the software maker’s stock worth $227,000 after purchasing an additional 304 shares during the period. Finally, Osaic Holdings Inc. grew its position in Insight Enterprises by 32.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,531 shares of the software maker’s stock worth $355,000 after purchasing an additional 621 shares in the last quarter.
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.
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