Insider Selling: Steven Robert Andrews Sells 7,850 Shares of Insight Enterprises Stock (NSIT)
Insight Enterprises (NASDAQ:NSIT) General Counsel Steven Robert Andrews sold 7,850 shares of Insight Enterprises stock on the open market in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $23.00, for a total value of $180,550.00. Following the transaction, the general counsel now directly owns 14,961 shares in the company, valued at approximately $344,103. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Insight Enterprises (NASDAQ:NSIT) traded up 0.04% during mid-day trading on Monday, hitting $22.77. 180,687 shares of the company’s stock traded hands. Insight Enterprises has a 52-week low of $15.75 and a 52-week high of $25.19. The stock’s 50-day moving average is $22.01 and its 200-day moving average is $21.38. The company has a market cap of $960.4 million and a price-to-earnings ratio of 13.88.
Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.48 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.53 by $0.05. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that Insight Enterprises will post $2.03 EPS for the current fiscal year.
Insight Enterprises, Inc (NASDAQ:NSIT) is a global provider of information technology (IT) solutions to businesses and public sector institutions.
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