Amundi Purchases 9,172 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Amundi lifted its stake in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 183.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,176 shares of the software maker's stock after acquiring an additional 9,172 shares during the period. Amundi's holdings in Insight Enterprises were worth $2,233,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank Julius Baer & Co. Ltd Zurich bought a new position in Insight Enterprises during the fourth quarter valued at about $117,000. Raymond James Financial Inc. acquired a new position in shares of Insight Enterprises in the fourth quarter valued at $532,000. Assetmark Inc. lifted its position in Insight Enterprises by 27.7% in the fourth quarter. Assetmark Inc. now owns 18,144 shares of the software maker's stock worth $2,760,000 after purchasing an additional 3,940 shares during the period. J.Safra Asset Management Corp boosted its stake in Insight Enterprises by 40.8% during the fourth quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker's stock worth $37,000 after buying an additional 71 shares in the last quarter. Finally, Cornerstone Investment Partners LLC increased its holdings in Insight Enterprises by 5.8% in the 4th quarter. Cornerstone Investment Partners LLC now owns 1,371 shares of the software maker's stock valued at $209,000 after buying an additional 75 shares during the period.

Insight Enterprises Price Performance

Shares of NSIT stock traded down $0.40 during mid-day trading on Friday, reaching $154.18. The company's stock had a trading volume of 1,293,027 shares, compared to its average volume of 284,295. The firm's 50-day moving average is $162.84 and its two-hundred day moving average is $175.91. The company has a market cap of $4.90 billion, a P/E ratio of 23.65, a PEG ratio of 1.40 and a beta of 1.40. Insight Enterprises, Inc. has a 1-year low of $146.56 and a 1-year 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.

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Insight Enterprises (NASDAQ:NSIT - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping 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 period last year, the firm earned $2.98 earnings per share. On average, research analysts predict that Insight Enterprises, Inc. will post 9.89 earnings per share for the current year.

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.