HighTower Advisors LLC Purchases 383 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

HighTower Advisors LLC lifted its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 7.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,838 shares of the software maker’s stock after acquiring an additional 383 shares during the period. HighTower Advisors LLC’s holdings in Insight Enterprises were worth $888,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in NSIT. Golden State Wealth Management LLC purchased a new stake in Insight Enterprises in the fourth quarter worth about $32,000. R Squared Ltd purchased a new stake in shares of Insight Enterprises in the 4th quarter worth approximately $33,000. J.Safra Asset Management Corp increased its position in Insight Enterprises by 40.8% during the 4th 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 increased its position in Insight Enterprises by 287.7% during the 4th 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 stake in Insight Enterprises by 25.8% during the fourth quarter. Blue Trust Inc. now owns 677 shares of the software maker’s stock valued at $103,000 after buying an additional 139 shares during the last quarter.

Insight Enterprises Trading Down 1.3 %

NASDAQ NSIT opened at $153.95 on Friday. Insight Enterprises, Inc. has a 12 month low of $146.56 and a 12 month high of $228.07. 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 stock’s fifty day moving average price is $162.24 and its 200-day moving average price is $174.20. The stock has a market cap of $4.89 billion, a P/E ratio of 23.61, a P/E/G ratio of 1.40 and a beta of 1.40.

Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings results on Thursday, February 6th. The software maker reported $2.66 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.13. Insight Enterprises had a net margin of 2.87% and a return on equity of 18.95%. During the same quarter in the prior year, the company earned $2.98 earnings per share. As a group, equities analysts forecast that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal year.

Insight Enterprises Company 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.