Insight Enterprises, Inc. (NSIT) Shares Sold by Chicago Equity Partners LLC

Chicago Equity Partners LLC lowered its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 14.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 81,290 shares of the software maker’s stock after selling 14,045 shares during the period. Chicago Equity Partners LLC owned about 0.23% of Insight Enterprises worth $3,313,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in NSIT. Quantamental Technologies LLC purchased a new stake in Insight Enterprises in the fourth quarter valued at approximately $137,000. Campbell & CO Investment Adviser LLC acquired a new position in Insight Enterprises during the third quarter worth $239,000. Pacer Advisors Inc. acquired a new stake in Insight Enterprises in the third quarter valued at $287,000. Jefferies Group LLC acquired a new stake in Insight Enterprises in the third quarter valued at $298,000. Finally, Xact Kapitalforvaltning AB grew its holdings in Insight Enterprises by 21.1% in the fourth quarter. Xact Kapitalforvaltning AB now owns 8,030 shares of the software maker’s stock valued at $327,000 after purchasing an additional 1,400 shares during the last quarter. 99.49% of the stock is currently owned by institutional investors.

Shares of NASDAQ NSIT opened at $47.91 on Wednesday. The company has a market capitalization of $1.68 billion, a P/E ratio of 14.78 and a beta of 1.13. Insight Enterprises, Inc. has a 12-month low of $33.06 and a 12-month high of $56.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.51 and a current ratio of 1.65.

A number of analysts recently commented on the company. BidaskClub lowered Insight Enterprises from a “buy” rating to a “hold” rating in a research note on Thursday, November 8th. ValuEngine downgraded Insight Enterprises from a “hold” rating to a “sell” rating in a report on Wednesday, November 7th. Zacks Investment Research upgraded Insight Enterprises from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Finally, B. Riley lowered their target price on Insight Enterprises from $61.00 to $59.00 and set a “buy” rating for the company in a research note on Thursday, November 8th.

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Insight Enterprises Profile

Insight Enterprises, Inc provides information technology (IT) hardware, software, and service solutions for small and medium sized firms, enterprises, governments, schools, and health care organizations in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It sources, stages, configures, integrates, tests, deploys, and maintains its products spanning endpoints to infrastructure; and provides infrastructure management solutions.

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Institutional Ownership by Quarter for Insight Enterprises (NASDAQ:NSIT)

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