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.
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.
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