NASDAQ:NSIT - Insight Enterprises Stock Price, Price Target & More

Insight Enterprises trades on the NASDAQ under the ticker symbol "NSIT."

Insight Enterprises declared that its board has approved a stock repurchase plan on Thursday, February 15th 2018, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Insight Enterprises, Inc. (NASDAQ:NSIT) released its earnings results on Wednesday, May, 2nd. The software maker reported $0.94 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.34. The software maker had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.53 billion. Insight Enterprises had a return on equity of 15.75% and a net margin of 1.57%. The firm's quarterly revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.38 EPS. View Insight Enterprises' Earnings History.

2 Wall Street analysts have issued 12-month price objectives for Insight Enterprises' shares. Their forecasts range from $45.00 to $53.00. On average, they anticipate Insight Enterprises' stock price to reach $49.00 in the next twelve months. View Analyst Ratings for Insight Enterprises.

Insight Enterprises saw a drop in short interest in the month of May. As of May 15th, there was short interest totalling 440,625 shares, a drop of 28.0% from the April 30th total of 611,981 shares. Based on an average daily trading volume, of 537,728 shares, the short-interest ratio is currently 0.8 days. Currently, 1.2% of the shares of the company are short sold. View Insight Enterprises' Current Options Chain.

Some companies that are related to Insight Enterprises include YOOX NET A PORT/S (YXOXY), Baozun (BZUN), Stitch Fix (SFIX), Systemax (SYX), NutriSystem (NTRI), Overstock.com (OSTK), PC Connection (CNXN), Blue Apron (APRN), PCM (PCMI), Lightinthebox (LITB), Netshoes (CAYMAN) (NETS), EVINE Live (EVLV), Youngevity International (YGYI) and dELiA*s (DLIAQ).

Media headlines about NSIT stock have trended somewhat positive on Monday, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Insight Enterprises earned a media sentiment score of 0.14 on Accern's scale. They also gave news coverage about the software maker an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Insight Enterprises' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.80%), Dimensional Fund Advisors LP (8.53%), Northern Trust Corp (4.36%), Pzena Investment Management LLC (2.61%), Boston Partners (2.59%) and Frontier Capital Management Co. LLC (2.35%). Company insiders that own Insight Enterprises stock include Anthony Ibarguen, Dana A Leighty, Glynis Bryan, Helen Johnson, Kathleen S Pushor, Kenneth T Lamneck, Michael Guggemos, Michael M Fisher, Robertson C Jones, Steven W Dodenhoff, Timothy A Crown and Wolfgang Ebermann. View Institutional Ownership Trends for Insight Enterprises.

NSIT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., LSV Asset Management, Thrivent Financial for Lutherans, UBS Group AG, Citadel Advisors LLC, Russell Investments Group Ltd. and Pzena Investment Management LLC. Company insiders that have sold Insight Enterprises company stock in the last year include Glynis Bryan, Kathleen S Pushor, Kenneth T Lamneck, Steven W Dodenhoff, Timothy A Crown and Wolfgang Ebermann. View Insider Buying and Selling for Insight Enterprises.

NSIT stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Frontier Capital Management Co. LLC, Summit Trail Advisors LLC, Millennium Management LLC, Boston Partners, Mackay Shields LLC, Hsbc Holdings PLC and Aristotle Fund L.P.. View Insider Buying and Selling for Insight Enterprises.

Shares of NSIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NSIT stock can currently be purchased for approximately $49.28.

Insight Enterprises has a market capitalization of $1.78 billion and generates $6.70 billion in revenue each year. The software maker earns $90.68 million in net income (profit) each year or $3.24 on an earnings per share basis. Insight Enterprises employs 6,697 workers across the globe.

Insight Enterprises' mailing address is 6820 SOUTH HARL AVENUE, TEMPE AZ, 85283. The software maker can be reached via phone at 480-333-3000 or via email at [email protected]