Natixis Advisors LLC Sells 7,023 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Natixis Advisors LLC reduced its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,538 shares of the software maker’s stock after selling 7,023 shares during the period. Natixis Advisors LLC’s holdings in Insight Enterprises were worth $10,880,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Insight Enterprises by 1.7% in the third quarter. Geode Capital Management LLC now owns 659,483 shares of the software maker’s stock valued at $142,073,000 after buying an additional 10,711 shares during the period. EULAV Asset Management boosted its holdings in Insight Enterprises by 7.2% in the third 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 during the last quarter. Alberta Investment Management Corp acquired a new stake in Insight Enterprises during the 4th quarter valued at approximately $2,494,000. Principal Financial Group Inc. raised its holdings in Insight Enterprises by 1.2% during the 4th quarter. Principal Financial Group Inc. now owns 143,544 shares of the software maker’s stock worth $21,833,000 after purchasing an additional 1,653 shares during the last quarter. Finally, New York Life Investment Management LLC bought a new stake in shares of Insight Enterprises in the 4th quarter valued at $449,000.

Insight Enterprises Price Performance

Shares of NASDAQ NSIT opened at $156.44 on Thursday. The company has a market capitalization of $4.97 billion, a PE ratio of 23.99, 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. Insight Enterprises, Inc. has a twelve month low of $146.56 and a twelve month high of $228.07. The firm has a fifty day simple moving average of $162.89 and a 200 day simple moving average of $176.05.

Insight Enterprises (NASDAQ:NSIT) last posted 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 period last year, the firm posted $2.98 earnings per share. On average, sell-side analysts forecast that Insight Enterprises, Inc. will post 9.89 EPS for the current year.

Insight Enterprises Company 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.