Insight Enterprises (NSIT) Raised to Strong-Buy at BidaskClub
A number of other brokerages have also commented on NSIT. Zacks Investment Research raised shares of Insight Enterprises from a hold rating to a strong-buy rating and set a $62.00 price target on the stock in a report on Tuesday, February 19th. ValuEngine raised shares of Insight Enterprises from a sell rating to a hold rating in a report on Wednesday, January 2nd.
Shares of NASDAQ:NSIT opened at $58.24 on Friday. The firm has a market capitalization of $2.10 billion, a PE ratio of 12.58 and a beta of 1.17. Insight Enterprises has a one year low of $34.26 and a one year high of $59.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.43 and a current ratio of 1.52.
Hedge funds have recently added to or reduced their stakes in the stock. NumerixS Investment Technologies Inc bought a new position in shares of Insight Enterprises during the 4th quarter valued at $40,000. Sun Life Financial INC bought a new position in shares of Insight Enterprises during the 4th quarter valued at $65,000. Quantamental Technologies LLC bought a new position in shares of Insight Enterprises during the 4th quarter valued at $137,000. Campbell & CO Investment Adviser LLC grew its holdings in shares of Insight Enterprises by 16.9% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 5,162 shares of the software maker’s stock valued at $233,000 after purchasing an additional 745 shares during the last quarter. Finally, Amalgamated Bank grew its holdings in shares of Insight Enterprises by 27.4% during the 4th quarter. Amalgamated Bank now owns 5,220 shares of the software maker’s stock valued at $213,000 after purchasing an additional 1,122 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.
Insight Enterprises Company 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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