Instructure Inc (NYSE:INST) Insider Sells $78,100.00 in Stock

Share on StockTwits

Instructure Inc (NYSE:INST) insider Matthew Kaminer sold 2,000 shares of Instructure stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $39.05, for a total transaction of $78,100.00. Following the transaction, the insider now directly owns 36,075 shares in the company, valued at $1,408,728.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Matthew Kaminer also recently made the following trade(s):

  • On Monday, June 24th, Matthew Kaminer sold 2,000 shares of Instructure stock. The stock was sold at an average price of $40.73, for a total transaction of $81,460.00.

Shares of NYSE INST opened at $39.51 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.28. Instructure Inc has a 52 week low of $29.48 and a 52 week high of $50.19. The business has a fifty day moving average price of $41.65. The stock has a market capitalization of $1.46 billion, a P/E ratio of -32.12 and a beta of 0.47.

Instructure (NYSE:INST) last issued its earnings results on Monday, July 29th. The technology company reported ($0.58) EPS for the quarter, topping the consensus estimate of ($0.65) by $0.07. Instructure had a negative net margin of 24.07% and a negative return on equity of 41.15%. The company had revenue of $62.87 million for the quarter, compared to the consensus estimate of $62.07 million. During the same period in the previous year, the firm earned ($0.24) earnings per share. The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. As a group, equities analysts predict that Instructure Inc will post -2.24 EPS for the current year.

A number of institutional investors have recently modified their holdings of INST. Ashburton Jersey Ltd purchased a new position in Instructure during the 2nd quarter valued at $27,000. Aperio Group LLC purchased a new position in Instructure during the 2nd quarter valued at $58,000. Legal & General Group Plc increased its position in Instructure by 23.7% during the 4th quarter. Legal & General Group Plc now owns 6,020 shares of the technology company’s stock valued at $226,000 after purchasing an additional 1,153 shares during the period. BNP Paribas Arbitrage SA increased its position in Instructure by 73,355.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,611 shares of the technology company’s stock valued at $312,000 after purchasing an additional 6,602 shares during the period. Finally, Menta Capital LLC bought a new stake in shares of Instructure during the 2nd quarter valued at $349,000. 89.45% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have commented on INST. Zacks Investment Research raised shares of Instructure from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Thursday. Barrington Research reissued a “buy” rating and set a $50.00 price target on shares of Instructure in a research note on Tuesday, April 23rd. TheStreet downgraded shares of Instructure from a “c” rating to a “d-” rating in a research note on Tuesday, April 30th. Needham & Company LLC reissued a “buy” rating and set a $46.00 price target on shares of Instructure in a research note on Tuesday, July 30th. Finally, Raymond James downgraded shares of Instructure from an “outperform” rating to a “market perform” rating and set a $45.20 price target on the stock. in a research note on Friday, July 12th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $45.87.

Instructure Company Profile

Instructure, Inc provides applications for learning, assessment, and performance management through a software-as-a-service business model worldwide. It develops Canvas, a learning management platform for KÂ?12 and higher education; and Bridge, an employee development and engagement platform. The company's applications enhance academic and corporate learning by providing a system of engagement for teachers and learners, enabling frequent and open interactions, a streamlined workflow, and the creation and sharing of content with anytime, anywhere access to information.

Featured Article: How Do You Calculate Return on Equity (ROE)?

Insider Buying and Selling by Quarter for Instructure (NYSE:INST)

Receive News & Ratings for Instructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Instructure and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Swiss National Bank Buys 4,900 Shares of ChannelAdvisor Corp
Swiss National Bank Buys 4,900 Shares of ChannelAdvisor Corp
Doheny Asset Management CA Buys 960 Shares of AT&T Inc.
Doheny Asset Management CA Buys 960 Shares of AT&T Inc.
Doheny Asset Management CA Buys 2,865 Shares of Xilinx, Inc.
Doheny Asset Management CA Buys 2,865 Shares of Xilinx, Inc.
$1.31 EPS Expected for Microchip Technology Inc.  This Quarter
$1.31 EPS Expected for Microchip Technology Inc. This Quarter
Doheny Asset Management CA Has $387,000 Stock Holdings in Lowe’s Companies, Inc.
Doheny Asset Management CA Has $387,000 Stock Holdings in Lowe’s Companies, Inc.
-$0.63 Earnings Per Share Expected for Instructure Inc  This Quarter
-$0.63 Earnings Per Share Expected for Instructure Inc This Quarter


© 2006-2019 Ticker Report