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Envestnet Asset Management Inc. Buys 10,703 Shares of Insight Enterprises, Inc. (NASDAQ:NSIT)

Envestnet Asset Management Inc., a leading provider of investment services and solutions, has recently increased its stake in Insight Enterprises, Inc. NASDAQNSIT by 40.4% in the third quarter of the year. This was revealed in the company's most recent 13F filing with the Securities and Exchange Commission (SEC).

According to the filing, Envestnet Asset Management Inc. owned 37,175 shares of Insight Enterprises, Inc.'s stock after purchasing an additional 10,703 shares during the period. This represents a significant increase in the institutional investor's holdings in the software maker's stock.

Insight Enterprises, Inc. is a leading global provider of technology solutions and services that help businesses transform their operations and improve their performance. The company operates in four key business segments: Insight Global, Insight Enterprise Solutions, Insight Digital Transformation, and Insight Ventures.

Envestnet Asset Management Inc. is a subsidiary of Envestnet, Inc., a leading provider of investment technology solutions and services. The company offers a range of investment products and services, including portfolio management, asset allocation, and wealth management solutions.

The increase in Envestnet Asset Management Inc.'s stake in Insight Enterprises, Inc.'s stock suggests that the institutional investor sees significant potential for growth and profitability in the software maker's business. It also indicates that Envestnet Asset Management Inc. is confident in its ability to generate returns for its clients by investing in this particular company.


Published 52 days ago

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