Insight Enterprises, Inc. (NSIT) Position Lifted by First Quadrant L P CA

First Quadrant L P CA grew its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 26.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,089 shares of the software maker’s stock after purchasing an additional 2,915 shares during the period. First Quadrant L P CA’s holdings in Insight Enterprises were worth $574,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Macquarie Group Ltd. acquired a new position in shares of Insight Enterprises in the 2nd quarter worth approximately $108,000. Paloma Partners Management Co acquired a new position in shares of Insight Enterprises in the 2nd quarter worth approximately $204,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Insight Enterprises in the 3rd quarter worth approximately $239,000. Pacer Advisors Inc. acquired a new position in shares of Insight Enterprises in the 3rd quarter worth approximately $287,000. Finally, Jefferies Group LLC acquired a new position in shares of Insight Enterprises in the 3rd quarter worth approximately $298,000. 97.84% of the stock is currently owned by institutional investors and hedge funds.

NSIT stock traded up $0.39 during trading on Friday, reaching $47.26. 132,191 shares of the company’s stock were exchanged, compared to its average volume of 131,803. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.51 and a current ratio of 1.65. Insight Enterprises, Inc. has a 1-year low of $32.10 and a 1-year high of $56.86. The firm has a market capitalization of $1.68 billion, a PE ratio of 14.59 and a beta of 1.13.

Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings results on Wednesday, November 7th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.00 by ($0.09). Insight Enterprises had a return on equity of 16.60% and a net margin of 1.83%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the firm posted $0.73 EPS. The company’s revenue was down .6% compared to the same quarter last year. Equities research analysts predict that Insight Enterprises, Inc. will post 4.42 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded Insight Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th. B. Riley reduced their price objective on Insight Enterprises from $61.00 to $59.00 and set a “buy” rating for the company in a research report on Thursday, November 8th. ValuEngine lowered Insight Enterprises from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Finally, BidaskClub upgraded Insight Enterprises from a “hold” rating to a “buy” rating in a research report on Saturday, December 22nd.

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Insight Enterprises Company Profile

Insight Enterprises, Inc provides information technology (IT) hardware, software, and service solutions for small and medium sized firms, enterprises, governments, schools, and health care organizations in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It sources, stages, configures, integrates, tests, deploys, and maintains its products spanning endpoints to infrastructure; and provides infrastructure management solutions.

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Institutional Ownership by Quarter for Insight Enterprises (NASDAQ:NSIT)

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