Insight EnterprisesNSIT
NSIT
About: 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.
Employees: 14,437
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
134% more call options, than puts
Call options by funds: $7.5M | Put options by funds: $3.21M
16% more capital invested
Capital invested by funds: $7.43B [Q2] → $8.63B (+$1.21B) [Q3]
7.97% more ownership
Funds ownership: 115.03% [Q2] → 123.0% (+7.97%) [Q3]
9% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 47
0% more funds holding
Funds holding: 351 [Q2] → 351 (+0) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 135
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$205
23%
upside
Avg. target
$213
28%
upside
High target
$220
32%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Redburn Atlantic Harry Read 67% 1-year accuracy 2 / 3 met price target | 32%upside $220 | Buy Initiated | 15 Nov 2024 |
Barrington Research Vincent Colicchio 58% 1-year accuracy 42 / 73 met price target | 23%upside $205 | Outperform Maintained | 4 Nov 2024 |
Financial journalist opinion
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 17th
SID, DBI and NSIT have been added to the Zacks Rank #5 (Strong Sell) List on November 17, 2024.
Neutral
Business Wire
1 month ago
Insight Signs Strategic Collaboration Agreement with AWS to Accelerate Cloud Roadmap for Clients
CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ:NSIT) announced today that it has signed a new Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS) to more effectively help clients manage their cloud roadmap, including data and AI strategy. The SCA strengthens Insight's role as a leading provider of cloud, data, artificial intelligence, cybersecurity, and intelligent edge solutions across multiple cloud ecosystems. As organizations leverage the cloud to mod.
Neutral
Business Wire
1 month ago
Insight Announces Date and Webcast Information for Upcoming Investor Events
CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today announced that it is scheduled to participate in the following upcoming investor conferences: Wells Fargo 8th Annual TMT Summit December 3, 2024, 8:00 AM PT Participants: Joyce Mullen, CEO and James Morgado, SVP Finance and CFO, North America Raymond James 2024 TMT & Consumer Conference December 9, 2024, 10:40 AM ET Participants: James Morgado, SVP Finance and CFO, North America The Insight pres.
Neutral
Business Wire
2 months ago
Insight Unveils State-of-the-Art Solutions Integration Center in Fort Worth, Texas
CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ:NSIT) held the grand opening today in Fort Worth, Texas, of its latest Solutions Integration Center. The 250,000-square-foot facility serves clients across the United States and is powered by the latest technology, making it a paragon of modern warehouse operations. With AI-driven capabilities like autonomous mobile robotics and advanced logistics, it can achieve 10 times the shipping velocity of traditional IT fulfillment centers. I.
Neutral
Seeking Alpha
2 months ago
Insight Enterprises, Inc. (NSIT) Q3 2024 Earnings Call Transcript
Insight Enterprises, Inc. (NASDAQ:NSIT ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants James Morgado - Senior Vice President of Finance, and Chief Financial Officer, North America Joyce Mullen - President and Chief Executive Officer Glynis Bryan - Chief Financial Officer Conference Call Participants Joseph Cardoso - JPMorgan Matt Sheerin - Stifel Adam Tindle - Raymond James Operator Hello, everyone, and welcome to today's Insight Enterprises Third Quarter 2024 Operating Results Call. My name is Seb, and I'll be the operator for your call today.
Negative
Zacks Investment Research
2 months ago
Insight Enterprises (NSIT) Lags Q3 Earnings and Revenue Estimates
Insight Enterprises (NSIT) came out with quarterly earnings of $2.19 per share, missing the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.37 per share a year ago.
Neutral
Business Wire
2 months ago
Insight Enterprises, Inc. Reports Third Quarter Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter ended September 30, 2024. Highlights include: Gross profit increased 6% year over year to $432.1 million with gross margin expanding 270 basis points to 20.7% Insight Core services gross profit grew 14% year over year Cloud gross profit grew 33% year over year Consolidated net earnings decreased 3% to $58.2 million, year to year Adjusted earnings before int.
Neutral
Business Wire
2 months ago
Insight Earns 6 Global and Americas Cisco Partner of the Year Honors
CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ:NSIT) has been recognized by Cisco as the Americas Partner of the Year, as well as both Global and Americas Customer Experience Partners of the Year, U.S. Partner of the Year, Americas Enterprise Partner of the Year, and Cisco Canada Defend and Protect Partner of the Year. Cisco's Partner Summit Global Awards recognize top-performing partners demonstrating innovation in delivering solutions that help clients succeed in new ways. Awar.
Neutral
Business Wire
3 months ago
Insight Enterprises, Inc. to Report Third Quarter 2024 Financial Results on October 31, 2024
CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today announced that it will release financial results for the quarter ended September 30, 2024, prior to market open on October 31, 2024, and will also host a conference call and live webcast at 9:00 a.m. ET to discuss the results of operations. The live webcast and replays of the conference call can be accessed at: http://investor.insight.com/ To access the live conference call, please register in advan.
Neutral
Business Wire
3 months ago
Insight Achieves Premier Tier Services Status Within the AWS Partner Network
CHANDLER, Ariz.--(BUSINESS WIRE)-- #Azure--Insight Enterprises (NASDAQ:NSIT) announced today its new recognition as an Amazon Web Services (AWS) Premier Tier Services Partner. Within the AWS Partner Network, AWS Premier Tier Services Partners are organizations recognized for proven technical expertise and demonstrated customer experience. Achieving AWS Premier Tier Services Partner status recognizes Insight as an AWS Partner that helps clients design, architect, build, migrate, and manage their workload.
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