Polen Capital Management LLC Buys 20,074 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Polen Capital Management LLC increased its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 94.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 41,431 shares of the software maker’s stock after purchasing an additional 20,074 shares during the quarter. Polen Capital Management LLC’s holdings in Insight Enterprises were worth $6,302,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its position in Insight Enterprises by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 659,483 shares of the software maker’s stock worth $142,073,000 after acquiring an additional 10,711 shares during the last quarter. EULAV Asset Management grew its position in Insight Enterprises by 7.2% during the 3rd quarter. EULAV Asset Management now owns 49,879 shares of the software maker’s stock worth $10,743,000 after acquiring an additional 3,359 shares during the last quarter. Alberta Investment Management Corp bought a new position in Insight Enterprises during the 4th quarter worth approximately $2,494,000. Principal Financial Group Inc. grew its position in Insight Enterprises by 1.2% during the 4th quarter. Principal Financial Group Inc. now owns 143,544 shares of the software maker’s stock worth $21,833,000 after acquiring an additional 1,653 shares during the last quarter. Finally, New York Life Investment Management LLC bought a new position in Insight Enterprises during the 4th quarter worth approximately $449,000.

Insight Enterprises Price Performance

NSIT opened at $151.43 on Monday. The stock’s 50 day simple moving average is $162.88 and its 200 day simple moving average is $177.05. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.15. Insight Enterprises, Inc. has a 1 year low of $146.56 and a 1 year high of $228.07. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 1.40 and a beta of 1.40.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, February 6th. The software maker reported $2.66 earnings per share 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 last year, the company posted $2.98 EPS. As a group, analysts predict that Insight Enterprises, Inc. will post 9.89 earnings per share for the current 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.