Skandinaviska Enskilda Banken AB publ Purchases Shares of 900 Insight Enterprises, Inc. (NASDAQ:NSIT)

Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 900 shares of the software maker’s stock, valued at approximately $135,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in shares of Insight Enterprises in the fourth quarter worth about $32,000. R Squared Ltd acquired a new stake in Insight Enterprises during the fourth quarter valued at approximately $33,000. J.Safra Asset Management Corp raised its stake in Insight Enterprises by 40.8% during the fourth quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker’s stock valued at $37,000 after buying an additional 71 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Insight Enterprises by 287.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 504 shares of the software maker’s stock valued at $76,000 after buying an additional 374 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Insight Enterprises by 25.8% during the 4th quarter. Blue Trust Inc. now owns 677 shares of the software maker’s stock worth $103,000 after purchasing an additional 139 shares during the period.

Insight Enterprises Stock Up 0.3 %

Shares of Insight Enterprises stock opened at $155.41 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The business’s 50 day simple moving average is $162.92 and its 200-day simple moving average is $176.19. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 1.40 and a beta of 1.40. Insight Enterprises, Inc. has a twelve month low of $146.56 and a twelve month high of $228.07.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, February 6th. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.13. Insight Enterprises had a return on equity of 18.95% and a net margin of 2.87%. During the same period last year, the business posted $2.98 earnings per share. Equities research analysts forecast that Insight Enterprises, Inc. will post 9.89 earnings per share for the current year.

Insight Enterprises Profile

Insight Enterprises, Inc, together with its subsidiaries, provides information technology, hardware, software, and services in the United States and internationally. The company offers modern platforms/infrastructure that manages and supports cloud and data platforms, modern networks, and edge technologies; cybersecurity solutions automates and connects modern platform securely; data and artificial intelligence modernizes data platforms and architectures, and build data analytics and AI solutions; modern workplace and apps; and intelligent edge solutions that gathers and utilizes data for real-time decision making.