Fuller & Thaler Asset Management Inc. Sells 48,500 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Fuller & Thaler Asset Management Inc. decreased its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 99.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 188 shares of the software maker's stock after selling 48,500 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Insight Enterprises were worth $29,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in Insight Enterprises during the 4th quarter worth approximately $32,000. R Squared Ltd bought a new position in shares of Insight Enterprises in the 4th quarter valued at $33,000. J.Safra Asset Management Corp lifted its stake in shares of Insight Enterprises by 40.8% in the 4th quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker's stock valued at $37,000 after acquiring an additional 71 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Insight Enterprises by 32.8% during the 4th quarter. NewEdge Advisors LLC now owns 255 shares of the software maker's stock valued at $39,000 after acquiring an additional 63 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew 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 worth $76,000 after acquiring an additional 374 shares during the last quarter.

Insight Enterprises Trading Up 0.7 %

NASDAQ NSIT opened at $138.61 on Friday. The firm has a market capitalization of $4.42 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 1.40 and a beta of 1.31. The business's 50-day moving average price is $146.93 and its two-hundred day moving average price is $162.23. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. Insight Enterprises, Inc. has a 12 month low of $126.10 and a 12 month high of $228.07.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its earnings results on Thursday, February 6th. The software maker reported $2.66 EPS for the quarter, beating the consensus estimate 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 in the previous year, the firm earned $2.98 EPS. On average, analysts expect that Insight Enterprises, Inc. will post 9.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on NSIT. JPMorgan Chase & Co. dropped their target price on Insight Enterprises from $193.00 to $156.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Barrington Research cut their target price on shares of Insight Enterprises from $205.00 to $164.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $185.00.

About Insight Enterprises

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.

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