Extremely important negative changes in investment behavior have recently occurred for Insight Enterprises Inc (NASDAQ: NSIT): its longer term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
Insight Enterprises Inc (NASDAQ: NSIT). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NSIT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Insight Enterprises has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Insight Enterprises has a neutral Appreciation Score of 42 and a neutral Power Rating of 58, triggering the Neutral Value Trend Rating.
Recent Price Action
On 11/8/24, Insight Enterprises Inc (NASDAQ: NSIT) stock declined slightly by -0.7%, closing at $170.79. Moreover, trading volume in this decline was exceptionally high at 203% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.4% during the last week.
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