Polen Capital Management LLC Boosts Holdings in Insight Enterprises, Inc. (NASDAQ:NSIT)

Polen Capital Management LLC boosted its position in Insight Enterprises, Inc. (NASDAQ:NSIT) by 94.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,431 shares of the software maker’s stock after purchasing an additional 20,074 shares during the quarter. Polen Capital Management LLC owned about 0.13% of Insight Enterprises worth $6,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of NSIT. Hennessy Advisors Inc. purchased a new stake in Insight Enterprises in the 4th quarter worth approximately $39,242,000. Pacer Advisors Inc. lifted its stake in Insight Enterprises by 26.6% in the 4th quarter. Pacer Advisors Inc. now owns 1,073,262 shares of the software maker’s stock worth $163,243,000 after purchasing an additional 225,283 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Insight Enterprises by 30.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 368,951 shares of the software maker’s stock worth $79,468,000 after purchasing an additional 85,428 shares in the last quarter. WCM Investment Management LLC purchased a new stake in Insight Enterprises in the 4th quarter worth approximately $10,643,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Insight Enterprises by 207.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 103,926 shares of the software maker’s stock valued at $15,522,000 after buying an additional 70,134 shares in the last quarter.

Insight Enterprises Stock Up 0.3 %

Shares of NASDAQ:NSIT opened at $151.43 on Monday. The firm has a market capitalization of $4.81 billion, a PE ratio of 23.23, a price-to-earnings-growth 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. Insight Enterprises, Inc. has a 52-week low of $146.56 and a 52-week high of $228.07. The firm has a fifty day moving average of $162.88 and a 200 day moving average of $177.05.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings data on Thursday, February 6th. The software maker reported $2.66 earnings per share (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 period in the previous year, the company posted $2.98 earnings per share. As a group, research 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.