Insight Enterprises, Inc. (NASDAQ:NSIT) CFO Glynis Bryan sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $41.90, for a total value of $209,500.00. Following the completion of the sale, the chief financial officer now directly owns 30,797 shares in the company, valued at $1,290,394.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Glynis Bryan also recently made the following trade(s):

  • On Thursday, May 25th, Glynis Bryan sold 3,946 shares of Insight Enterprises stock. The stock was sold at an average price of $42.00, for a total value of $165,732.00.

Insight Enterprises, Inc. (NASDAQ NSIT) traded down 2.57% during trading on Tuesday, reaching $40.88. The company had a trading volume of 86,395 shares. Insight Enterprises, Inc. has a 12-month low of $28.15 and a 12-month high of $53.19. The stock has a market capitalization of $1.46 billion, a P/E ratio of 15.19 and a beta of 1.63. The stock has a 50 day moving average of $41.47 and a 200-day moving average of $41.97.

Insight Enterprises (NASDAQ:NSIT) last released its quarterly earnings results on Wednesday, August 2nd. The software maker reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.19. Insight Enterprises had a net margin of 1.61% and a return on equity of 14.93%. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period in the previous year, the company earned $0.97 earnings per share. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. On average, analysts forecast that Insight Enterprises, Inc. will post $3.23 earnings per share for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in NSIT. State of Alaska Department of Revenue raised its position in Insight Enterprises by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 3,920 shares of the software maker’s stock valued at $161,000 after buying an additional 80 shares in the last quarter. Louisiana State Employees Retirement System raised its position in Insight Enterprises by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 14,600 shares of the software maker’s stock valued at $584,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System raised its position in Insight Enterprises by 0.5% in the second quarter. Arizona State Retirement System now owns 18,620 shares of the software maker’s stock valued at $745,000 after buying an additional 100 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in Insight Enterprises by 0.7% in the first quarter. Municipal Employees Retirement System of Michigan now owns 21,310 shares of the software maker’s stock valued at $875,000 after buying an additional 140 shares in the last quarter. Finally, Rothschild Asset Management Inc. raised its position in Insight Enterprises by 0.3% in the second quarter. Rothschild Asset Management Inc. now owns 93,009 shares of the software maker’s stock valued at $3,719,000 after buying an additional 272 shares in the last quarter. 98.38% of the stock is currently owned by institutional investors and hedge funds.

NSIT has been the topic of a number of analyst reports. B. Riley raised Insight Enterprises to a “buy” rating and set a $54.50 price target on the stock in a research report on Tuesday, August 8th. Zacks Investment Research raised Insight Enterprises from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Saturday, August 5th. BidaskClub cut Insight Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, Stifel Nicolaus upped their price objective on Insight Enterprises from $36.00 to $42.00 and gave the company a “hold” rating in a research report on Thursday, May 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $50.50.

Insight Enterprises Company Profile

Insight Enterprises, Inc is engaged in providing information technology (IT) hardware, software, and cloud and service solutions to business, government, healthcare and educational clients. The Company operates through three segments: North America, EMEA and APAC. North America comprises the United States and Canada; EMEA comprises Europe, the Middle East and Africa, and APAC comprises Asia Pacific.

Insider Buying and Selling by Quarter for Insight Enterprises (NASDAQ:NSIT)

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