Delphi Management Inc. MA Buys 1,089 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Delphi Management Inc. MA lifted its stake in Insight Enterprises, Inc. (NASDAQ:NSIT) by 15.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,974 shares of the software maker’s stock after acquiring an additional 1,089 shares during the period. Delphi Management Inc. MA’s holdings in Insight Enterprises were worth $1,213,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Cibc World Markets Corp acquired a new stake in shares of Insight Enterprises during the 4th quarter valued at about $387,000. Polen Capital Management LLC lifted its stake in Insight Enterprises by 94.0% during the fourth quarter. Polen Capital Management LLC now owns 41,431 shares of the software maker’s stock worth $6,302,000 after purchasing an additional 20,074 shares during the period. Skandinaviska Enskilda Banken AB publ acquired a new stake in Insight Enterprises during the fourth quarter valued at approximately $135,000. Swiss National Bank grew its stake in shares of Insight Enterprises by 0.9% in the 4th quarter. Swiss National Bank now owns 54,500 shares of the software maker’s stock valued at $8,289,000 after purchasing an additional 500 shares during the period. Finally, Truvestments Capital LLC raised its holdings in shares of Insight Enterprises by 45.9% in the 4th quarter. Truvestments Capital LLC now owns 4,396 shares of the software maker’s stock worth $669,000 after buying an additional 1,383 shares in the last quarter.

Insight Enterprises Stock Performance

Insight Enterprises stock opened at $154.87 on Tuesday. Insight Enterprises, Inc. has a 52-week low of $146.56 and a 52-week high of $228.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.15. The stock has a fifty day moving average price of $162.93 and a two-hundred day moving average price of $176.63. The firm has a market capitalization of $4.92 billion, a P/E ratio of 23.75, a P/E/G ratio of 1.40 and a beta of 1.40.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings results on Thursday, February 6th. The software maker reported $2.66 EPS for the quarter, topping analysts’ consensus estimates 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 EPS. As a group, analysts anticipate that Insight Enterprises, Inc. will post 9.89 EPS for the current fiscal 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.