Insight Enterprises Stock Price, News & Analysis (NASDAQ:NSIT)

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

Insight Enterprises declared that its Board of Directors has initiated a stock buyback plan on Thursday, February 15th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Insight Enterprises, Inc. (NASDAQ:NSIT) posted its quarterly earnings data on Tuesday, August, 6th. The software maker reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.39 by $0.10. The software maker had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.81 billion. Insight Enterprises had a return on equity of 17.22% and a net margin of 2.40%. The business's quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the business posted $1.45 EPS. View Insight Enterprises' Earnings History.

Insight Enterprises is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Insight Enterprises.

Insight Enterprises updated its FY19 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of $4.85-4.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.82.

3 brokerages have issued 12 month target prices for Insight Enterprises' stock. Their forecasts range from $59.00 to $68.00. On average, they anticipate Insight Enterprises' stock price to reach $62.33 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Insight Enterprises.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Insight Enterprises in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Insight Enterprises.

News headlines about NSIT stock have been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Insight Enterprises earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Insight Enterprises.

Insight Enterprises saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,340,000 shares, an increase of 10.4% from the August 30th total of 2,120,000 shares. Based on an average daily volume of 306,900 shares, the days-to-cover ratio is currently 7.6 days. Currently, 6.7% of the shares of the company are sold short. View Insight Enterprises' Current Options Chain.

Some companies that are related to Insight Enterprises include Arrow Electronics (ARW), SYNNEX (SNX), Tech Data (TECD), Avnet (AVT), Anixter International (AXE), PC Connection (CNXN), ScanSource (SCSC), Agilysys (AGYS) and Richardson Electronics (RELL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Insight Enterprises investors own include Bristol-Myers Squibb (BMY), PepsiCo (PEP), Abbott Laboratories (ABT), Alphabet (GOOG), PCM (PCMI), Alibaba Group (BABA), Blackstone Group (BX), Dominion Energy (D), Johnson & Johnson (JNJ) and Nucor (NUE).

Insight Enterprises' stock is owned by a number of of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.14%), State of Alaska Department of Revenue (0.12%), Bailard Inc. (0.09%), Cascade Investment Advisors Inc. (0.04%), Alpha Windward LLC (0.02%) and Meeder Asset Management Inc. (0.02%). Company insiders that own Insight Enterprises stock include Anthony Ibarguen, Glynis Bryan, Kathleen S Pushor, Kenneth T Lamneck, Samuel C Cowley, 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 Bailard Inc., Hennessy Advisors Inc. and Meeder Asset Management Inc.. View Insider Buying and Selling for Insight Enterprises.

NSIT stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cascade Investment Advisors Inc., Envestnet Asset Management Inc., Robeco Institutional Asset Management B.V., Campbell & CO Investment Adviser LLC and Alpha Windward LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of NSIT stock can currently be purchased for approximately $58.13.

Insight Enterprises has a market capitalization of $2.08 billion and generates $7.08 billion in revenue each year. The software maker earns $163.68 million in net income (profit) each year or $4.63 on an earnings per share basis. Insight Enterprises employs 7,420 workers across the globe.View Additional Information About Insight Enterprises.

The official website for Insight Enterprises is http://www.insight.com/.

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]