Is Insight Enterprises Inc. (NSIT) A Good Investment Choice?
L1 Capital, an investment management firm, published its ‘L1 Capital International Fund’ first quarter 2021 investor letter – a copy of which can be downloaded here. A net return of 15% was recorded by the fund outperforming the benchmark by 8.7%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
L1 Capital International Fund, in its Q1 2021 investor letter, mentioned Insight Enterprises, Inc. (NASDAQ: NSIT), and shared their insights on the company. Insight Enterprises, Inc. is a Tempe, Arizona-based business-to-business company that currently has a $3.3 billion market capitalization. Since the beginning of the year, NSIT delivered a 25.63% return, extending its 12-month gains to 82.35%. As of May 06, 2021, the stock closed at $95.59 per share.
TEMPE, Ariz. Insight Enterprises Inc. (NSIT) on Thursday reported first-quarter profit of $43.2 million.
On a per-share basis, the Tempe, Arizona-based company said it had net income of $1.18. Earnings, adjusted for one-time gains and costs, were $1.30 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The information technology provider posted revenue of $2.19 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $2.15 billion.
Insight Enterprises shares have climbed 34% since the beginning of the year. The stock has climbed 90% in the last 12 months.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Insight CIO Shumway Named Global CIO of the Year by ArizonaCIO
April 27, 2021 GMT
TEMPE, Ariz. (BUSINESS WIRE) Apr 27, 2021
Jeff Shumway, chief information officer at Insight Enterprises (NASDAQ:NSIT), the global systems integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, was named by ArizonaCIO as its Global CIO of the Year during the 2021 CIO of the Year ORBIE Awards ceremony presented virtually on Friday.
Two other Insight executives also were named finalists last week in separate annual awards honoring top leaders of their field. John Dathan, senior vice president and general manager of Insight Canada, was named a finalist for Technology Leader of the Year at the 2021 Leadership Excellence Awards, presented Friday at the North American CIO Digital Summit hosted by the GDS Group.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Insight Called One of America’s Best Employers for Diversity by Forbes
April 20, 2021 GMT
TEMPE, Ariz. (BUSINESS WIRE) Apr 20, 2021
Insight Enterprises (NASDAQ: NSIT), the global integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, has been chosen by
Forbes as one of its America’s Best Employers for Diversity 2021. The fourth annual list covers 25 industry sectors, and Insight is ranked the highest of five Arizona companies making the rankings.
Forbes partnered with market research firm Statista to conduct an independent survey of more than 50,000 employees working for companies employing at least 1,000 people in their U.S. operations. Participants were asked about how their employer handles diversity across age, gender equality, ethnicity, disability and LGBTQA+. Other company culture factors considered were diversity levels among executives,
Here’s Why You Should Consider Investing in Insight Enterprises Inc. (NSIT)
Fiduciary Management Inc., an investment management firm, published its “Small Cap Equity” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 12.6% was reported by the FMI Small Cap portfolios for the Q1 of 2021, compared to 12.70% for the Russell 2000 Index and 21.17% for the Russell 2000 Value Index over the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Fiduciary Management, in their Q1 2021 investor letter, mentioned Insight Enterprises, Inc. (NASDAQ: NSIT) and shared their insights on the company. Insight Enterprises, Inc. is a Tempe, Arizona-based computer hardware, software, cloud solutions and IT services provider that currently has a $3.5 billion market capitalization. Since the beginning of the year, NSIT delivered a 32.58% return, extending its 12-month gains to 118.97%. As of April 14, 2021, the stock