Quantbot Technologies LP Invests $2.07 Million in Insight Enterprises, Inc. (NASDAQ:NSIT)

Quantbot Technologies LP acquired a new position in Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,610 shares of the software maker's stock, valued at approximately $2,070,000.

Several other institutional investors have also added to or reduced their stakes in NSIT. Pacer Advisors Inc. lifted its holdings in Insight Enterprises by 26.6% during the 4th quarter. Pacer Advisors Inc. now owns 1,073,262 shares of the software maker's stock valued at $163,243,000 after buying an additional 225,283 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Insight Enterprises by 1.7% during the third quarter. Geode Capital Management LLC now owns 659,483 shares of the software maker's stock worth $142,073,000 after acquiring an additional 10,711 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Insight Enterprises by 30.1% during the third 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. Bank of New York Mellon Corp boosted its holdings in shares of Insight Enterprises by 9.2% in the fourth quarter. Bank of New York Mellon Corp now owns 260,838 shares of the software maker's stock valued at $39,674,000 after purchasing an additional 21,876 shares during the period. Finally, Hennessy Advisors Inc. purchased a new stake in shares of Insight Enterprises in the fourth quarter valued at approximately $39,242,000.

Insight Enterprises Trading Down 2.5 %

NSIT traded down $4.00 during trading on Tuesday, hitting $156.42. 91,254 shares of the stock were exchanged, compared to its average volume of 285,212. 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 firm has a 50 day simple moving average of $162.78 and a 200 day simple moving average of $174.78. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 24.07, a P/E/G 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.

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Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its quarterly 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 quarter last year, the company earned $2.98 EPS. As a group, equities analysts expect that Insight Enterprises, Inc. will post 9.89 EPS 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.