Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Instructure Holdings (INST – Research Report) on January 10 and set a price target of $31.00. The company’s shares closed yesterday at $24.44.
According to TipRanks, Vruwink is a 3-star analyst with an average return of 2.2% and a 50.54% success rate. Vruwink covers the Technology sector, focusing on stocks such as PTC, Manhattan Associates, and Autodesk.
Currently, the analyst consensus on Instructure Holdings is a Strong Buy with an average price target of $30.00.
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Based on Instructure Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $122.43 million and a GAAP net loss of $10.06 million. In comparison, last year the company earned a revenue of $107.22 million and had a GAAP net loss of $13.26 million
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INST in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Instructure Holdings Inc is an education technology company dedicated towards helping everyone learn together. it amplify the power of teaching and elevate the learning process, leading to improved student outcomes. The company supports more than 30 million educators and learners at more than 6,000 organizations around the world.
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