Skandinaviska Enskilda Banken AB publ Purchases Shares of 900 Insight Enterprises, Inc. (NASDAQ:NSIT)

Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 900 shares of the software maker’s stock, valued at approximately $135,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake 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 purchasing an additional 225,283 shares in the last quarter. Geode Capital Management LLC boosted its stake in Insight Enterprises by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 659,483 shares of the software maker’s stock valued at $142,073,000 after purchasing an additional 10,711 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Insight Enterprises by 30.1% during 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 purchasing an additional 85,428 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Insight Enterprises by 9.2% during the 4th 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 in the last quarter. Finally, Hennessy Advisors Inc. bought a new stake in shares of Insight Enterprises during the 4th quarter worth $39,242,000.

Insight Enterprises Stock Performance

NSIT opened at $155.41 on Wednesday. The firm has a market cap of $4.94 billion, a PE ratio of 23.84, a P/E/G ratio of 1.40 and a beta of 1.40. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $162.92 and a 200-day simple moving average of $176.19. Insight Enterprises, Inc. has a fifty-two week low of $146.56 and a fifty-two week high of $228.07.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $2.66 earnings per share 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 quarter last year, the firm posted $2.98 earnings per share. As a group, equities analysts predict that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal 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.