Insight Enterprises, Inc. (NASDAQ:NSIT) CFO Glynis Bryan sold 5,000 shares of Insight Enterprises stock in a transaction on Monday, August 14th. The stock was sold at an average price of $41.90, for a total transaction of $209,500.00. Following the completion of the transaction, the chief financial officer now directly owns 30,797 shares in the company, valued at $1,290,394.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 transaction of $165,732.00.

Insight Enterprises, Inc. (NASDAQ:NSIT) traded down 2.57% during midday trading on Tuesday, hitting $40.88. 86,395 shares of the stock traded hands. The company has a 50-day moving average price of $41.47 and a 200 day moving average price of $41.97. Insight Enterprises, Inc. has a one year low of $28.15 and a one year high of $53.19. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 15.19 and a beta of 1.63.

Insight Enterprises (NASDAQ:NSIT) last posted its earnings results on Wednesday, August 2nd. The software maker reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.19. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.68 billion. Insight Enterprises had a net margin of 1.61% and a return on equity of 14.93%. The company’s revenue was up 15.4% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. Equities research analysts anticipate that Insight Enterprises, Inc. will post $3.23 earnings per share for the current year.

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Several research firms have issued reports on NSIT. B. Riley reaffirmed a “neutral” rating and issued a $48.00 price target on shares of Insight Enterprises in a report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Insight Enterprises from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Saturday, August 5th. Stifel Nicolaus reiterated a “hold” rating and set a $45.00 price objective (up from $42.00) on shares of Insight Enterprises in a research note on Thursday, August 3rd. BidaskClub downgraded shares of Insight Enterprises from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Finally, Raymond James Financial, Inc. reiterated an “underperform” rating on shares of Insight Enterprises in a research note on Thursday, May 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $50.50.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its position in Insight Enterprises by 3.2% in the second quarter. BlackRock Inc. now owns 4,667,177 shares of the software maker’s stock worth $186,642,000 after buying an additional 143,348 shares during the period. Vanguard Group Inc. increased its position in Insight Enterprises by 2.9% in the second quarter. Vanguard Group Inc. now owns 3,335,703 shares of the software maker’s stock worth $133,395,000 after buying an additional 92,987 shares during the period. Northern Trust Corp increased its position in Insight Enterprises by 1.7% in the second quarter. Northern Trust Corp now owns 1,543,613 shares of the software maker’s stock worth $61,730,000 after buying an additional 25,161 shares during the period. Acadian Asset Management LLC increased its position in Insight Enterprises by 5.8% in the first quarter. Acadian Asset Management LLC now owns 1,308,316 shares of the software maker’s stock worth $53,758,000 after buying an additional 72,041 shares during the period. Finally, LSV Asset Management increased its position in Insight Enterprises by 2.8% in the second quarter. LSV Asset Management now owns 1,222,100 shares of the software maker’s stock worth $48,871,000 after buying an additional 33,823 shares during the period. 98.38% of the stock is currently owned by hedge funds and other institutional investors.

About Insight Enterprises

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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