Mitsubishi UFJ Trust & Banking Corp Has $240,000 Stock Holdings in Insight Enterprises, Inc. (NASDAQ:NSIT)

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Insight Enterprises, Inc. (NASDAQ:NSITGet Rating) by 35.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,780 shares of the software maker’s stock after selling 1,504 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Insight Enterprises were worth $240,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Lazard Asset Management LLC acquired a new stake in Insight Enterprises in the second quarter worth $440,000. Summit Trail Advisors LLC grew its holdings in Insight Enterprises by 7.4% in the second quarter. Summit Trail Advisors LLC now owns 3,358 shares of the software maker’s stock worth $290,000 after purchasing an additional 230 shares during the period. Texas Permanent School Fund lifted its stake in shares of Insight Enterprises by 2.5% in the second quarter. Texas Permanent School Fund now owns 25,351 shares of the software maker’s stock valued at $2,187,000 after buying an additional 618 shares in the last quarter. MQS Management LLC bought a new position in shares of Insight Enterprises in the second quarter valued at $750,000. Finally, Riverwater Partners LLC bought a new position in shares of Insight Enterprises in the second quarter valued at $248,000.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Insight Enterprises in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Barrington Research raised their price objective on shares of Insight Enterprises from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday, November 14th.

Insider Transactions at Insight Enterprises

In other Insight Enterprises news, Director Holdings L.P. Valueact bought 45,860 shares of Insight Enterprises stock in a transaction dated Friday, August 26th. The stock was purchased at an average price of $93.67 per share, for a total transaction of $4,295,706.20. Following the completion of the purchase, the director now directly owns 4,307,533 shares of the company’s stock, valued at $403,486,616.11. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.61% of the company’s stock.

Insight Enterprises Price Performance

NSIT opened at $104.21 on Thursday. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 0.98 and a beta of 1.56. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $90.58 and a 200-day moving average price of $91.57. Insight Enterprises, Inc. has a twelve month low of $81.11 and a twelve month high of $111.02.

Insight Enterprises Company Profile

(Get Rating)

Insight Enterprises, Inc, together with its subsidiaries, provides information technology (IT) hardware, software, and services solutions in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. The company's solution portfolio includes cloud enablement, data and AI, DevOps, digital strategy, intelligent applications and edge, and IoT solutions, as well as transformation services.

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

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