Polen Capital Management LLC Acquires 20,074 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Polen Capital Management LLC boosted its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 94.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,431 shares of the software maker's stock after purchasing an additional 20,074 shares during the period. Polen Capital Management LLC owned 0.13% of Insight Enterprises worth $6,302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Golden State Wealth Management LLC acquired a new stake in shares of Insight Enterprises in the 4th quarter valued at $32,000. R Squared Ltd acquired a new stake in shares of Insight Enterprises in the 4th quarter valued at $33,000. J.Safra Asset Management Corp increased 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 buying an additional 71 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Insight Enterprises by 287.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 504 shares of the software maker's stock valued at $76,000 after buying an additional 374 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Insight Enterprises by 25.8% in the 4th quarter. Blue Trust Inc. now owns 677 shares of the software maker's stock valued at $103,000 after buying an additional 139 shares during the period.

Insight Enterprises Trading Down 1.2 %

Shares of NASDAQ:NSIT traded down $1.86 during midday trading on Thursday, hitting $154.58. The company had a trading volume of 268,850 shares, compared to its average volume of 279,828. Insight Enterprises, Inc. has a 12 month low of $146.56 and a 12 month high of $228.07. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 23.71, a PEG ratio of 1.40 and a beta of 1.40. The firm has a fifty day simple moving average of $162.89 and a 200 day simple moving average of $176.05.

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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 return on equity of 18.95% and a net margin of 2.87%. During the same period last year, the company posted $2.98 EPS. On average, analysts predict that Insight Enterprises, Inc. will post 9.89 EPS for the current year.

Insight Enterprises 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.