Paradigm Capital Management Inc. NY increased its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 645,502 shares of the software maker’s stock after purchasing an additional 20,120 shares during the quarter. Insight Enterprises makes up about 2.1% of Paradigm Capital Management Inc. NY’s holdings, making the stock its 15th biggest position. Paradigm Capital Management Inc. NY’s holdings in Insight Enterprises were worth $24,716,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its stake in Insight Enterprises by 60.6% in the second quarter. Wells Fargo & Company MN now owns 87,392 shares of the software maker’s stock valued at $3,494,000 after acquiring an additional 32,976 shares during the last quarter. UBS Asset Management Americas Inc. boosted its stake in Insight Enterprises by 20.2% in the second quarter. UBS Asset Management Americas Inc. now owns 21,166 shares of the software maker’s stock valued at $846,000 after acquiring an additional 3,562 shares during the last quarter. Vanguard Group Inc. boosted its stake in Insight Enterprises by 2.9% in the second quarter. Vanguard Group Inc. now owns 3,335,703 shares of the software maker’s stock valued at $133,395,000 after acquiring an additional 92,987 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in Insight Enterprises by 6.2% in the second quarter. Parametric Portfolio Associates LLC now owns 230,568 shares of the software maker’s stock valued at $9,220,000 after acquiring an additional 13,534 shares during the last quarter. Finally, Voya Investment Management LLC boosted its stake in Insight Enterprises by 139.4% in the second quarter. Voya Investment Management LLC now owns 37,575 shares of the software maker’s stock valued at $1,503,000 after acquiring an additional 21,877 shares during the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.

Insight Enterprises, Inc. (NASDAQ NSIT) opened at $33.04 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.84 and a quick ratio of 1.59. The firm has a market cap of $1,182.57, a PE ratio of 10.49 and a beta of 1.40. Insight Enterprises, Inc. has a 52 week low of $32.10 and a 52 week high of $53.19.

NSIT has been the topic of a number of research analyst reports. ValuEngine cut shares of Insight Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Zacks Investment Research upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research note on Tuesday, January 9th. BidaskClub cut shares of Insight Enterprises from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 12th. Finally, B. Riley reiterated a “buy” rating and issued a $56.00 target price (up from $54.50) on shares of Insight Enterprises in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $48.00.

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Insight Enterprises Company Profile

Insight Enterprises, Inc is engaged in providing information technology (IT) hardware, software, and cloud and service solutions to business, government, healthcare and educational clients. The Company operates through three segments: North America, EMEA and APAC. North America comprises the United States and Canada; EMEA comprises Europe, the Middle East and Africa, and APAC comprises Asia Pacific.

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

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