Insight Enterprises, Inc. (NASDAQ:NSIT) Shares Bought by Swiss National Bank

Swiss National Bank boosted its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 0.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 54,500 shares of the software maker’s stock after acquiring an additional 500 shares during the period. Swiss National Bank owned about 0.17% of Insight Enterprises worth $8,289,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in NSIT. Atria Investments Inc acquired a new position in Insight Enterprises during the third quarter worth $215,000. Jennison Associates LLC acquired a new position in Insight Enterprises during the third quarter worth $637,000. Intech Investment Management LLC raised its position in Insight Enterprises by 28.2% during the third quarter. Intech Investment Management LLC now owns 18,080 shares of the software maker’s stock worth $3,894,000 after acquiring an additional 3,982 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Insight Enterprises by 30.1% in 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 buying an additional 85,428 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of Insight Enterprises by 54.4% in the third quarter. Cerity Partners LLC now owns 2,813 shares of the software maker’s stock valued at $606,000 after buying an additional 991 shares during the last quarter.

Insight Enterprises Price Performance

Shares of NASDAQ NSIT opened at $154.18 on Friday. The firm has a 50-day simple moving average of $162.77 and a 200-day simple moving average of $175.47. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 23.65, a price-to-earnings-growth 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. Insight Enterprises, Inc. has a 52 week low of $146.56 and a 52 week high of $228.07.

Insight Enterprises (NASDAQ:NSIT) last issued its earnings results on Thursday, February 6th. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the business earned $2.98 earnings per share. On average, equities analysts predict that Insight Enterprises, Inc. will post 9.89 earnings per share 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.