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How to Buy Insight Enterprises Stock

Insight Enterprises Inc

IInsight Enterprises, Inc. , together with its subsidiaries, provides information technology (IT) hardware, software, and services solutions in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific.

Insight Enterprises stock last closed at $184.36, down 1.03% from the previous day, and has increased 53.03% in one year. It has overperformed other stocks in the Electronics & Computer Distribution industry by 0.18 percentage points. Insight Enterprises stock is currently +56.25% from its 52-week low of $117.99, and -5.25% from its 52-week high of $194.57.

There are currently 32.59M shares of NSIT outstanding. The market cap of NSIT is $6.01B. In the last 24 hours, 174,375 NSIT shares were traded.

How to Buy Insight Enterprises Stock

Not sure how to invest in Insight Enterprises stock? Here's how.
  1. Decide where to buy Insight Enterprises stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Insight Enterprises stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your payment method and add your information.
  4. Research Insight Enterprises stock: The Insight Enterprises ticker symbol is NSIT. Is Insight Enterprises stock a good investment? Should you buy shares of NSIT? How do NSIT's underlying business fundamentals look? Do top analysts think Insight Enterprises is a good buy? Why has NSIT's stock price moved recently? (Hint: Our stock market research website can help you decide if NSIT is a good stock to buy).
  5. Place your NSIT trade: Decide if you will purchase NSIT shares at the current market price or use a limit order to purchase NSIT shares at a particular price.
  6. Get the latest scoop on your NSIT investment: Create a watchlist to the latest updates on your new investment in Insight Enterprises stock.

Step 1: Decide where to buy Insight Enterprises stock

You need a brokerage account to access the NASDAQ market and buy NSIT stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to buy NSIT stock today.

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Step 3: Deposit money your brokerage account

Now that you've created your account on our top ranked stock app, your next step is to transfer the money for your investment:

Watch the tutorial below for more details transferring money into your brokerage account.

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Step 4: Research Insight Enterprises stock

After you have selected the best place to buy Insight Enterprises stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk and opportunity.

Insight Enterprises shares at a glance

NSIT Price
$184.36
1w %
1.94%
1y %
53.03%
5y %
221.07%
P/E
21.61x
P/B
3.46x
P/S
0.66x
PEG
6.15x
Revenue
$9.18B
Earnings
$281.31M
Fore. Rev. Growth
7.32%
Fore. Earn. Growth
4.34%
Market Cap
$6.01B
Next Earnings
May 2, 2024
Next Dividend
N/A

Insight Enterprises Overview

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on NSIT's stock page.

Is NSIT stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge NSIT's intrinsic value.

Using relative valuations ratios:

  • NSIT could be overvalued based on its P/E ratio of 21.61x, relative to Electronics & Computer Distribution industry P/E ratio of 13.15x
  • NSIT may be overvalued based on its P/B ratio of 3.46x, relative to Electronics & Computer Distribution industry P/B ratio of 1.35x
  • NSIT could be overvalued based on its PEG ratio of 6.15x

You can do additional valuation research on NSIT's stock here.

A quick look at NSIT Financials

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the NSIT balance sheet.
  • NSIT's operating cash flow of $619.53M allows it to safely service it's debt of $940.52M.
  • NSIT earnings of $418.98M is not enough to cover its interest payments.
  • NSIT profit margin has gone up from 2.7% to 3.1% in the past year.
  • There are more short-term assets than short-term liabilities on the NSIT balance sheet.

Failed Health Checks:

  • Total NSIT debt is higher than 5 years ago, relative to shareholder equity.
  • NSIT has a relatively high debt to equity ratio of 2.62.

Do Wall Street analysts think it's a good time to buy NSIT stock

Out of 3 Wall Street analysts who give ratings on NSIT, the consensus analyst rating on NSIT is a Hold

Please note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Insight Enterprises stock forecast page.

NSIT Technicals

SMA10
182.91
SMA20
184.08
SMA50
184.89
SMA100
182.45
SMA200
165.22
MACD
-0.41
MACD Signal
-0.57
MACD Histogram
0.16
RSI
50.9
Stochastic %K
52.64
Stochastic %D
42.46
StochRSI %K
73.59
StochRSI %D
58.27

Is NSIT Making Money?

Last year, NSIT earnings were $281.31M. Over the last five year, NSIT's earnings have gone up by 13.15% per year. This was slower than the Electronics & Computer Distribution industry average of 14.66%.

Last year, NSIT revenue was $9.18B. During the past 5 year, NSIT's revenue has grown by 5.32% per year. This was slower than the Electronics & Computer Distribution industry average of 10.19%.

You can analyze NSIT's earnings and revenue performance here.

Are NSIT insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at NSIT have sold more shares than they have bought.

Richard E. Allen, Director of NSIT, was the latest NSIT insider to sell. They sold $1,853,400.00 worth of NSIT shares on Feb 27, 2024.

Dig into more about who owns NSIT shares here.

Does NSIT stock generate passive income?

No, Insight Enterprises doesn't provide an income stream by paying out dividends.

What others are saying about NSIT

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your NSIT trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, place a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get the latest scoop on your NSIT investment

Now that you own some NSIT shares, you'll want to stay up-to-date on your new company.

Add NSIT to a watchlist to track the most important metrics related to your NSIT stock.

NSIT Feed

How to Buy Stock in Insight Enterprises

To reiterate, here are the 6 steps to buy Insight Enterprises stock:

  1. Decide where to buy Insight Enterprises stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Research Insight Enterprises stock
  5. Place your NSIT trade
  6. Get the latest scoop on your NSIT investment

If you are looking for a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Insight Enterprises, get started below.

NASDAQ: NSIT
$184.36-1.91 (-1.03%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: NSIT
$184.36-1.91 (-1.03%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Insight Enterprises share?

As of Apr 24, 2024, it costs $184.36 to buy one share of Insight Enterprises stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.542 shares of NSIT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Insight Enterprises stock?

According to 3 Wall Street analysts who monitor Insight Enterprises, their consensus recommendation is to hold Insight Enterprises stock.

What is the best way to buy Insight Enterprises stock?

One way to place an order for Insight Enterprises stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.