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 of Directors has approved a share repurchase program on Thursday, February 15th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Insight Enterprises, Inc. (NASDAQ:NSIT) issued its quarterly earnings data on Wednesday, May, 2nd. The software maker reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.34. The software maker earned $1.76 billion during the quarter, compared to analysts' expectations of $1.53 billion. Insight Enterprises had a return on equity of 15.75% and a net margin of 1.57%. The company's quarterly revenue was up 19.3% on a year-over-year basis. During the same period last year, the business posted $0.38 EPS. View Insight Enterprises' Earnings History.

2 analysts have issued 1 year price targets 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 year. View Analyst Ratings for Insight Enterprises.

Insight Enterprises saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 440,625 shares, a decrease of 28.0% from the April 30th total of 611,981 shares. Based on an average daily volume of 537,728 shares, the short-interest ratio is currently 0.8 days. Approximately 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), Overstock.com (OSTK), NutriSystem (NTRI), PC Connection (CNXN), Blue Apron (APRN), PCM (PCMI), Lightinthebox (LITB), Netshoes (CAYMAN) (NETS), EVINE Live (EVLV), Youngevity International (YGYI) and dELiA*s (DLIAQ).

News stories about NSIT stock have trended positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Insight Enterprises earned a coverage optimism score of 0.25 on Accern's scale. They also gave headlines about the software maker an impact score of 47.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Insight Enterprises' stock is owned by a number of of institutional and retail 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 purchased 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 $50.60.

Insight Enterprises has a market capitalization of $1.79 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]