Teachers Advisors LLC Acquires 24,378 Shares of Insight Enterprises, Inc. (NSIT)

Teachers Advisors LLC grew its holdings in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) by 19.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,644 shares of the software maker’s stock after purchasing an additional 24,378 shares during the quarter. Teachers Advisors LLC owned about 0.41% of Insight Enterprises worth $5,864,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NSIT. Victory Capital Management Inc. raised its holdings in Insight Enterprises by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,567 shares of the software maker’s stock worth $103,000 after acquiring an additional 385 shares during the period. Ameritas Investment Partners Inc. bought a new position in Insight Enterprises in the 1st quarter worth $123,000. Invictus RG bought a new position in Insight Enterprises in the 1st quarter worth $199,000. State of Alaska Department of Revenue raised its holdings in Insight Enterprises by 80.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 7,057 shares of the software maker’s stock worth $282,000 after acquiring an additional 3,137 shares during the period. Finally, Pacad Investment Ltd. raised its holdings in Insight Enterprises by 16.9% in the 2nd quarter. Pacad Investment Ltd. now owns 7,600 shares of the software maker’s stock worth $304,000 after acquiring an additional 1,100 shares during the period. Institutional investors and hedge funds own 97.02% of the company’s stock.

WARNING: “Teachers Advisors LLC Acquires 24,378 Shares of Insight Enterprises, Inc. (NSIT)” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/teachers-advisors-llc-acquires-24378-shares-of-insight-enterprises-inc-nsit.html.

Insight Enterprises, Inc. (NASDAQ:NSIT) opened at 44.73 on Tuesday. The company has a market cap of $1.60 billion, a P/E ratio of 16.62 and a beta of 1.67. The company has a 50-day moving average of $41.64 and a 200 day moving average of $41.84. Insight Enterprises, Inc. has a one year low of $28.15 and a one year high of $53.19.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Wednesday, August 2nd. The software maker reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.19. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.68 billion. Insight Enterprises had a net margin of 1.61% and a return on equity of 14.93%. The company’s revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.97 earnings per share. Equities research analysts predict that Insight Enterprises, Inc. will post $3.23 EPS for the current year.

Several research analysts recently commented on NSIT shares. Zacks Investment Research upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Saturday, August 5th. BidaskClub downgraded shares of Insight Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (up previously from $42.00) on shares of Insight Enterprises in a report on Thursday, August 3rd. Finally, B. Riley upgraded shares of Insight Enterprises to a “buy” rating and set a $54.50 target price on the stock in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Insight Enterprises has an average rating of “Hold” and an average target price of $50.50.

In other news, CFO Glynis Bryan sold 5,000 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $41.90, for a total value of $209,500.00. Following the transaction, the chief financial officer now directly owns 30,797 shares of the company’s stock, valued at $1,290,394.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through

Several other institutional investors have also added to or reduced their stakes in NSIT. Victory Capital Management Inc. raised its holdings in Insight Enterprises by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,567 shares of the software maker’s stock worth $103,000 after acquiring an additional 385 shares during the period. Ameritas Investment Partners Inc. bought a new position in Insight Enterprises in the 1st quarter worth $123,000. Invictus RG bought a new position in Insight Enterprises in the 1st quarter worth $199,000. State of Alaska Department of Revenue raised its holdings in Insight Enterprises by 80.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 7,057 shares of the software maker’s stock worth $282,000 after acquiring an additional 3,137 shares during the period. Finally, Pacad Investment Ltd. raised its holdings in Insight Enterprises by 16.9% in the 2nd quarter. Pacad Investment Ltd. now owns 7,600 shares of the software maker’s stock worth $304,000 after acquiring an additional 1,100 shares during the period. Institutional investors and hedge funds own 97.02% of the company’s stock.

WARNING: “Teachers Advisors LLC Acquires 24,378 Shares of Insight Enterprises, Inc. (NSIT)” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/teachers-advisors-llc-acquires-24378-shares-of-insight-enterprises-inc-nsit.html.

Insight Enterprises, Inc. (NASDAQ:NSIT) opened at 44.73 on Tuesday. The company has a market cap of $1.60 billion, a P/E ratio of 16.62 and a beta of 1.67. The company has a 50-day moving average of $41.64 and a 200 day moving average of $41.84. Insight Enterprises, Inc. has a one year low of $28.15 and a one year high of $53.19.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Wednesday, August 2nd. The software maker reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.19. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.68 billion. Insight Enterprises had a net margin of 1.61% and a return on equity of 14.93%. The company’s revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.97 earnings per share. Equities research analysts predict that Insight Enterprises, Inc. will post $3.23 EPS for the current year.

Several research analysts recently commented on NSIT shares. Zacks Investment Research upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Saturday, August 5th. BidaskClub downgraded shares of Insight Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (up previously from $42.00) on shares of Insight Enterprises in a report on Thursday, August 3rd. Finally, B. Riley upgraded shares of Insight Enterprises to a “buy” rating and set a $54.50 target price on the stock in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Insight Enterprises has an average rating of “Hold” and an average target price of $50.50.

In other news, CFO Glynis Bryan sold 5,000 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $41.90, for a total value of $209,500.00. Following the transaction, the chief financial officer now directly owns 30,797 shares of the company’s stock, valued at $1,290,394.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.38% of the stock is owned by corporate insiders.

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.

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

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