In a report released on December 28, Matthew VanVliet from BTIG maintained a Buy rating on Instructure Holdings (INST – Research Report), with a price target of $34.00. The company’s shares closed last Friday at $27.01.
VanVliet covers the Technology sector, focusing on stocks such as Blackbaud, Guidewire, and RingCentral. According to TipRanks, VanVliet has an average return of -8.5% and a 43.50% success rate on recommended stocks.
Currently, the analyst consensus on Instructure Holdings is a Strong Buy with an average price target of $32.00.
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INST market cap is currently $3.91B and has a P/E ratio of -113.77.
Based on the recent corporate insider activity of 37 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 (INST) Company Description:
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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