Insight Enterprises (NSIT) Shareholder Gratia Capital Has Increased Position by $1.10 Million; Provident Trust Co Lifted Southwest Airlines (LUV) Position by $1.60 Million as Share Price Declined

June 17, 2018 - By Marie Mckinney

Insight Enterprises, Inc. (NASDAQ:NSIT) Logo

Steve Pei increased its stake in Insight Enterprises Inc (NSIT) by 8.94% based on its latest 2018Q1 regulatory filing with the SEC. Gratia Capital Llc bought 32,301 shares as the company’s stock rose 29.78% while stock markets declined. The hedge fund run by Steve Pei held 393,601 shares of the consumer services company at the end of 2018Q1, valued at $13.75 million, up from 361,300 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Insight Enterprises Inc for a number of months, seems to be bullish on the $1.80 billion market cap company. The stock increased 0.77% or $0.39 during the last trading session, reaching $50.82. About 200,638 shares traded. Insight Enterprises, Inc. (NASDAQ:NSIT) has risen 12.24% since June 17, 2017 and is uptrending. It has underperformed by 0.33% the S&P500. Some Historical NSIT News: 02/05/2018 – Insight Enterprises 1Q EPS 90c; 12/04/2018 Consolidated Research: 2018 Summary Expectations for Insight Enterprises, Amphastar Pharmaceuticals, EMC Insurance Group, Proth; 02/05/2018 – INSIGHT ENTERPRISES SEES FY ADJ EPS $4.35 TO $4.45, EST. $3.96; 30/04/2018 – Insight Helps Enterprises of All Sizes Navigate to Cloud-based Windows 10; 15/05/2018 – Insight Enterprises Presenting at Conference May 24; 10/05/2018 – Insight Helps Businesses Address Tough Questions on Changing IT Needs; 02/05/2018 – INSIGHT ENTERPRISES BOOSTS FULL YEAR 2018 GUIDANCE; 02/05/2018 – Insight Enterprises 1Q Net $32.7M; 02/05/2018 – Insight Enterprises Raises FY18 View To Adj EPS $4.35-Adj EPS $4.45; 02/05/2018 – INSIGHT ENTERPRISES 1Q ADJ EPS 94C, EST. 60C




Provident Trust Co increased its stake in Southwest Airlines (LUV) by 1.05% based on its latest 2018Q1 regulatory filing with the SEC. Provident Trust Co bought 28,075 shares as the company’s stock declined 11.16% with the market. The institutional investor held 2.71 million shares of the air freight and delivery services company at the end of 2018Q1, valued at $155.08M, up from 2.68M at the end of the previous reported quarter. Provident Trust Co who had been investing in Southwest Airlines for a number of months, seems to be bullish on the $30.25 billion market cap company. The stock increased 0.46% or $0.24 during the last trading session, reaching $52.18. About 8.64 million shares traded or 44.87% up from the average. Southwest Airlines Co. (NYSE:LUV) has declined 13.23% since June 17, 2017 and is downtrending. It has underperformed by 25.80% the S&P500. Some Historical LUV News: 21/03/2018 – U.S. Airlines Drop as Southwest Forecast Spurs Anxiety on Fares; 17/04/2018 – ABC Columbia: #BREAKING: (ABC) 1 person confirmed dead following the #SouthwestAir emergency landing, NTSB said; 26/04/2018 – SOUTHWEST AIRLINES CO – CONTINUES TO EXPECT ITS 2018 YEAR-OVER-YEAR ASM GROWTH TO BE IN LOW FIVE PERCENT RANGE; 18/04/2018 – Southwest Flight 1380 had to make an emergency landing on Tuesday after suffering engine failure; 20/04/2018 – Order comes after Tuesday’s fatal engine failure on Southwest Flight 1380; 17/04/2018 – SOUTHWEST AIRLINES CONFIRMS ACCIDENT INVOLVING FLIGHT 1380; 20/04/2018 – The manufacturer of the Southwest plane’s engine that exploded is about to recommend more inspections; 18/04/2018 – Media Advisory: Veteran Aviation Attorney Available to Comment on Southwest Airlines Incident; 18/04/2018 – Southwest’s tragic engine failure shows need for ‘deeper’ look at entire oversight: Ex-NTSB chair; 16/05/2018 – SOUTHWEST AIRLINES CO – AUTHORIZED A NEW $2.0 BLN SHARE REPURCHASE PROGRAM

More news for Insight Enterprises, Inc. (NASDAQ:NSIT) were recently published by: Globenewswire.com, which released: “Insight Enterprises to Present at Investor Conference” on May 31, 2018. Globenewswire.com‘s article titled: “Insight Jumps 56 Spots on 2018 Fortune 500 List” and published on May 22, 2018 is yet another important article.

Gratia Capital Llc, which manages about $521.00 million and $330.47 million US Long portfolio, decreased its stake in Ocean Rig Udw Inc by 13,200 shares to 42,884 shares, valued at $1.08 million in 2018Q1, according to the filing. It also reduced its holding in Macquarie Infrastructure Cor (NYSE:MIC) by 13,000 shares in the quarter, leaving it with 8,085 shares, and cut its stake in Spdr Series Trust (XRT).

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.11, from 1.06 in 2017Q4. It dived, as 21 investors sold NSIT shares while 63 reduced holdings. 25 funds opened positions while 55 raised stakes. 32.03 million shares or 1.29% less from 32.45 million shares in 2017Q4 were reported. Indexiq Advsrs Limited Liability Corporation has invested 0.06% in Insight Enterprises, Inc. (NASDAQ:NSIT). Profund Lc holds 0.01% or 6,429 shares. Credit Suisse Ag stated it has 0% of its portfolio in Insight Enterprises, Inc. (NASDAQ:NSIT). Reilly Fincl Advsr Ltd Liability Com holds 0% or 375 shares in its portfolio. Moreover, Great West Life Assurance Can has 0% invested in Insight Enterprises, Inc. (NASDAQ:NSIT). California State Teachers Retirement Sys reported 54,183 shares stake. Aristotle Cap Boston Ltd Limited Liability Company has invested 0.27% in Insight Enterprises, Inc. (NASDAQ:NSIT). Pacific Ridge Prtnrs Limited Liability Co owns 39,010 shares. Texas-based Employees Retirement System Of Texas has invested 0.01% in Insight Enterprises, Inc. (NASDAQ:NSIT). Glenmede Trust Com Na has invested 0% in Insight Enterprises, Inc. (NASDAQ:NSIT). 195,600 were accumulated by Nordea Inv Mgmt. Teacher Retirement System Of Texas holds 0% of its portfolio in Insight Enterprises, Inc. (NASDAQ:NSIT) for 7,922 shares. Meeder Asset Management Incorporated invested 0% in Insight Enterprises, Inc. (NASDAQ:NSIT). Ubs Asset Management Americas, Illinois-based fund reported 25,948 shares. Bluemountain Management Ltd Limited Liability Company has invested 0.01% in Insight Enterprises, Inc. (NASDAQ:NSIT).

Among 5 analysts covering Insight Enterprises (NASDAQ:NSIT), 2 have Buy rating, 2 Sell and 1 Hold. Therefore 40% are positive. Insight Enterprises had 10 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Sunday, September 10 by Stifel Nicolaus. B. Riley & Co maintained the stock with “Buy” rating in Wednesday, November 8 report. On Thursday, August 4 the stock rating was downgraded by Raymond James to “Market Perform”. The company was upgraded on Thursday, August 3 by B. Riley & Co. Raymond James downgraded Insight Enterprises, Inc. (NASDAQ:NSIT) on Thursday, January 12 to “Underperform” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, August 6 report. The stock of Insight Enterprises, Inc. (NASDAQ:NSIT) has “Sell” rating given on Friday, August 28 by Zacks. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, October 15 report.

Since May 7, 2018, it had 0 buys, and 8 sales for $3.81 million activity. EBERMANN WOLFGANG sold 22,686 shares worth $1.06M. The insider Dodenhoff Steven W. sold 9,678 shares worth $438,273. BRYAN GLYNIS also sold $339,228 worth of Insight Enterprises, Inc. (NASDAQ:NSIT) shares. Another trade for 7,500 shares valued at $351,179 was sold by CROWN TIMOTHY A. Shares for $299,672 were sold by PUSHOR KATHLEEN S on Friday, May 18. Guggemos Michael sold $499,258 worth of Insight Enterprises, Inc. (NASDAQ:NSIT) on Monday, May 7.

More notable recent Southwest Airlines Co. (NYSE:LUV) news were published by: Seekingalpha.com which released: “Fuel Hedging To Help Southwest, Not Peers” on June 06, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Advanced Micro Devices, Delphi, Domino’s Pizza, Southwest Airlines, Square …” published on June 15, 2018, Bizjournals.com published: “Southwest, Delta lash out at one another over use of Dallas Love Field gates” on May 21, 2018. More interesting news about Southwest Airlines Co. (NYSE:LUV) were released by: Fool.com and their article: “Southwest Airlines Confirms Its International Ambitions” published on May 19, 2018 as well as Benzinga.com‘s news article titled: “Wall Street Subdued As Trump-Kim Summit Statement Light On Details” with publication date: June 12, 2018.

Provident Trust Co, which manages about $2.51 billion US Long portfolio, decreased its stake in Procter & Gamble Co (NYSE:PG) by 6,000 shares to 5,020 shares, valued at $398,000 in 2018Q1, according to the filing.

Among 22 analysts covering Southwest Airlines Co. (NYSE:LUV), 16 have Buy rating, 0 Sell and 6 Hold. Therefore 73% are positive. Southwest Airlines Co. had 81 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Southwest Airlines Co. (NYSE:LUV) has “Overweight” rating given on Monday, March 26 by Morgan Stanley. As per Friday, July 22, the company rating was downgraded by Buckingham Research. The firm has “Outperform” rating by Bernstein given on Tuesday, October 11. The stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given on Monday, May 14 by Buckingham Research. Citigroup maintained it with “Buy” rating and $67 target in Monday, April 30 report. JP Morgan upgraded the stock to “Overweight” rating in Thursday, October 27 report. The company was maintained on Wednesday, November 1 by JP Morgan. The firm has “Buy” rating given on Thursday, June 22 by Argus Research. Deutsche Bank maintained Southwest Airlines Co. (NYSE:LUV) rating on Friday, July 24. Deutsche Bank has “Buy” rating and $52 target. The rating was maintained by Deutsche Bank with “Buy” on Friday, October 23.

Insight Enterprises, Inc. (NASDAQ:NSIT) Institutional Positions Chart

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