6 days Ago By ABMN Staff
Franklin Resources Inc. lowered its position in Insight Enterprises, Inc. ( NASDAQ:NSIT – Free Report ) by 4.
5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,121 shares of the software maker’s stock after selling 522 shares during the quarter. Franklin Resources Inc.
’s holdings in Insight Enterprises were worth $1,692,000 as of its most recent SEC filing. A number of other large investors also recently modified their holdings of NSIT. Golden State Wealth Management LLC purchased a new stake in shares of Insight Enterprises during the 4th quarter worth $32,000.
R Squared Ltd purchased a new position in shares of Insight Enterprises in the 4th quarter valued at about $33,000. J.Safra Asset Management Corp raised its position in shares of Insight Enterprises by 40.
8% during the 4th quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker’s stock worth $37,000 after acquiring an additional 71 shares in the last quarter.
Smartleaf Asset Management LLC lifted 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 worth $76,000 after purchasing an additional 374 shares during the last quarter.
Finally, Blue Trust Inc. increased its stake in Insight Enterprises by 25.8% in the fourth quarter.
Blue Trust Inc. now owns 677 shares of the software maker’s stock valued at $103,000 after purchasing an additional 139 shares during the last quarter. Insight Enterprises Stock Up 1.
2 % Shares of NASDAQ NSIT opened at $135.96 on Tuesday. The company has a quick ratio of 1.
15, a current ratio of 1.18 and a debt-to-equity ratio of 0.30.
Insight Enterprises, Inc. has a 52-week low of $126.10 and a 52-week high of $228.
07. The business has a 50-day moving average price of $152.88 and a 200 day moving average price of $167.
09. The stock has a market cap of $4.32 billion, a PE ratio of 20.
85, a price-to-earnings-growth ratio of 1.40 and a beta of 1.31.
Wall Street Analysts Forecast Growth Separately, Barrington Research reduced their price objective on shares of Insight Enterprises from $205.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, April 4th.
Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $202.
25. Read Our Latest Analysis on NSIT Insight Enterprises Company Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding NSIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insight Enterprises, Inc. ( NASDAQ:NSIT – Free Report ).
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