EverSource Wealth Advisors LLC Has $73,000 Stake in Insight Enterprises, Inc. (NASDAQ:NSIT)

EverSource Wealth Advisors LLC decreased its stake in Insight Enterprises, Inc. (NASDAQ:NSIT) by 15.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 482 shares of the software maker’s stock after selling 88 shares during the period. EverSource Wealth Advisors LLC’s holdings in Insight Enterprises were worth $73,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its position in Insight Enterprises by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 659,483 shares of the software maker’s stock valued at $142,073,000 after purchasing an additional 10,711 shares during the last quarter. EULAV Asset Management raised its position in Insight Enterprises by 7.2% in the 3rd quarter. EULAV Asset Management now owns 49,879 shares of the software maker’s stock valued at $10,743,000 after purchasing an additional 3,359 shares during the last quarter. Alberta Investment Management Corp bought a new position in Insight Enterprises in the 4th quarter valued at $2,494,000. Principal Financial Group Inc. raised its position in Insight Enterprises by 1.2% in the 4th quarter. Principal Financial Group Inc. now owns 143,544 shares of the software maker’s stock valued at $21,833,000 after purchasing an additional 1,653 shares during the last quarter. Finally, New York Life Investment Management LLC bought a new position in Insight Enterprises in the 4th quarter valued at $449,000.

Insight Enterprises Trading Up 0.3 %

Shares of NSIT opened at $155.41 on Wednesday. The company has a market cap 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 52-week low of $146.56 and a 52-week high of $228.07. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.15 and a current ratio of 1.18. The stock has a fifty day moving average price of $162.92 and a two-hundred day moving average price of $176.19.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Thursday, February 6th. The software maker reported $2.66 earnings per share 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 quarter in the prior year, the company earned $2.98 earnings per share. Analysts predict 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.