Signaturefd LLC Sells 152 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Signaturefd LLC trimmed its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 36.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 260 shares of the software maker’s stock after selling 152 shares during the period. Signaturefd LLC’s holdings in Insight Enterprises were worth $40,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Golden State Wealth Management LLC bought a new stake in Insight Enterprises in the fourth quarter worth $32,000. R Squared Ltd purchased a new position in shares of Insight Enterprises in the 4th quarter worth about $33,000. J.Safra Asset Management Corp boosted its stake in Insight Enterprises by 40.8% in the 4th quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker’s stock worth $37,000 after purchasing an additional 71 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Insight Enterprises by 287.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 504 shares of the software maker’s stock valued at $76,000 after purchasing an additional 374 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Insight Enterprises by 25.8% in the fourth quarter. Blue Trust Inc. now owns 677 shares of the software maker’s stock worth $103,000 after buying an additional 139 shares during the last quarter.

Insight Enterprises Trading Down 2.8 %

Shares of NASDAQ NSIT opened at $155.96 on Wednesday. The company has a market cap of $4.96 billion, a PE ratio of 23.92, a P/E/G ratio of 1.40 and a beta of 1.40. 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’s 50 day moving average price is $162.64 and its 200-day moving average price is $174.47. 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 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 in the prior year, the business posted $2.98 EPS. On average, equities research analysts expect that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal 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.