Okabena Investment Services Inc. Sells 196 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Okabena Investment Services Inc. lowered its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,679 shares of the software maker’s stock after selling 196 shares during the quarter. Okabena Investment Services Inc.’s holdings in Insight Enterprises were worth $1,016,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in Insight Enterprises in the fourth quarter worth $32,000. R Squared Ltd bought a new position in shares of Insight Enterprises during the 4th quarter worth about $33,000. J.Safra Asset Management Corp boosted its position in shares of Insight Enterprises by 40.8% during the 4th quarter. J.Safra Asset Management Corp now owns 245 shares of the software maker’s stock valued at $37,000 after acquiring an additional 71 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Insight Enterprises by 287.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 504 shares of the software maker’s stock valued at $76,000 after acquiring an additional 374 shares during the period. Finally, Blue Trust Inc. raised its position 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 purchasing an additional 139 shares in the last quarter.

Insight Enterprises Stock Down 0.9 %

NASDAQ NSIT opened at $152.62 on Friday. Insight Enterprises, Inc. has a 1-year low of $146.56 and a 1-year high of $228.07. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 23.41, a PEG ratio of 1.40 and a beta of 1.40. The stock’s 50 day moving average is $161.97 and its two-hundred day moving average is $173.86. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30.

Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings results on Thursday, February 6th. The software maker reported $2.66 earnings per share for the quarter, beating 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 period in the previous year, the business earned $2.98 EPS. Equities analysts forecast 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.