Insight Enterprises CFO Glynis Bryan Sells 15,000 Shares (NSIT)
Insight Enterprises (NASDAQ:NSIT) CFO Glynis Bryan sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $26.28, for a total transaction of $394,200.00. Following the transaction, the chief financial officer now directly owns 44,741 shares of the company’s stock, valued at approximately $1,175,793. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Insight Enterprises (NASDAQ:NSIT) traded down 0.08% on Wednesday, hitting $26.31. 90,085 shares of the company’s stock traded hands. Insight Enterprises has a 52 week low of $18.27 and a 52 week high of $31.94. The stock has a 50-day moving average of $27.26 and a 200-day moving average of $26.68. The company has a market cap of $1.078 billion and a price-to-earnings ratio of 14.97.
Insight Enterprises (NASDAQ:NSIT) last announced its earnings results on Thursday, July 31st. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.72 by $0.02. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. On average, analysts predict that Insight Enterprises will post $2.06 earnings per share for the current fiscal year.
Separately, analysts at Raymond James downgraded shares of Insight Enterprises from a “market perform” rating to an “underperform” rating in a research note on Monday, July 7th.
Insight Enterprises, Inc (NASDAQ:NSIT) is a global provider of information technology (IT) solutions to businesses and public sector institutions.
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