James Investment Research Inc. Sells 3,154 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

James Investment Research Inc. lessened its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,147 shares of the software maker's stock after selling 3,154 shares during the quarter. James Investment Research Inc. owned about 0.13% of Insight Enterprises worth $6,411,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Geode Capital Management LLC lifted 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 acquiring an additional 10,711 shares in the last quarter. EULAV Asset Management lifted 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 acquiring an additional 3,359 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in Insight Enterprises by 65.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 23,578 shares of the software maker's stock valued at $5,078,000 after acquiring an additional 9,289 shares in the last quarter. Barclays PLC lifted its position in Insight Enterprises by 178.3% in the 3rd quarter. Barclays PLC now owns 56,402 shares of the software maker's stock valued at $12,150,000 after acquiring an additional 36,132 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Insight Enterprises by 30.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 368,951 shares of the software maker's stock valued at $79,468,000 after acquiring an additional 85,428 shares in the last quarter.

Insight Enterprises Stock Down 0.9 %

NASDAQ:NSIT traded down $1.58 on Thursday, hitting $166.00. The stock had a trading volume of 265,530 shares, compared to its average volume of 382,619. 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 market cap of $5.28 billion, a P/E ratio of 25.46, a price-to-earnings-growth ratio of 1.42 and a beta of 1.42. Insight Enterprises, Inc. has a 1 year low of $146.56 and a 1 year high of $228.07. The firm's fifty day simple moving average is $162.78 and its two-hundred day simple moving average is $182.30.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last posted its quarterly earnings data 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 net margin of 2.87% and a return on equity of 18.95%. During the same period last year, the business posted $2.98 earnings per share. Analysts predict that Insight Enterprises, Inc. will post 9.89 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on NSIT. Redburn Atlantic began coverage on shares of Insight Enterprises in a research report on Friday, November 15th. They issued a "buy" rating and a $220.00 price target on the stock. Barrington Research dropped their price target on shares of Insight Enterprises from $225.00 to $205.00 and set an "outperform" rating on the stock in a research report on Monday, November 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $212.50.

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.