Insight Enterprises Surpasses Expectations with Strong Financial Growth and Elevated Price Target
TipRanks (Thu, 9-May 9:35 AM ET)
Insight Enterprises, Inc. Reports Record First Quarter Results
Business Wire (Thu, 2-May 8:01 AM ET)
CFO of Insight, Glynis Bryan, Announces Retirement
Business Wire (Thu, 2-May 8:01 AM ET)
Insight Acquires Infocenter, 2024 ServiceNow Partner of the Year
Business Wire (Wed, 1-May 9:11 AM ET)
Insight Enterprises, Inc. to Report First Quarter 2024 Financial Results on May 2, 2024
Business Wire (Thu, 18-Apr 4:05 PM ET)
Insight Survey: Employees Embrace AI in the Workplace, Want More Training, Guidance From Employers
Business Wire (Thu, 18-Apr 9:00 AM ET)
Insight Security Service Recognized with Microsoft Verified Managed XDR Solution Status
Business Wire (Wed, 17-Apr 9:00 AM ET)
Insight 2024 Corporate Citizenship Report Reflects Focus on Using Tech for Good
Business Wire (Thu, 11-Apr 9:00 AM ET)
Insight Named NVIDIA's 2024 Americas Software Partner of the Year
Business Wire (Tue, 19-Mar 7:00 AM ET)
Insight Recognized as One of Barron's 100 Most Sustainable Companies for 2024
Business Wire (Mon, 4-Mar 9:00 AM ET)
Insight Enterprises Inc is a Fortune IT provider engaged in helping businesses of all sizes, large enterprises, governments, schools, and healthcare organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from the North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.
Insight Enterprises trades on the NASDAQ stock market under the symbol NSIT.
As of May 9, 2024, NSIT stock price climbed to $203.93 with 159,151 million shares trading.
NSIT has a beta of 0.79, meaning it tends to be less sensitive to market movements. NSIT has a correlation of 0.20 to the broad based SPY ETF.
NSIT has a market cap of $6.65 billion. This is considered a Mid Cap stock.
Last quarter Insight Enterprises reported $2 billion in Revenue and $2.37 earnings per share. This beat revenue expectation by $79 million and exceeded earnings estimates by $.56.
In the last 3 years, NSIT stock traded as high as $204.44 and as low as $81.11.
The top ETF exchange traded funds that NSIT belongs to (by Net Assets): IJR, CALF, VTI, VB, IWM.
NSIT has outperformed the market in the last year with a price return of +64.4% while the SPY ETF gained +27.7%. NSIT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.6% and +10.6%, respectively, while the SPY returned +4.7% and +2.9%, respectively.
NSIT support price is $197.33 and resistance is $203.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NSIT stock will trade within this expected range on the day.