Instructure Inc (INST) Files Form 4 Insider Selling : Marc T. Maloy Sells 2,000 Shares

Instructure Inc (INST): Marc T. Maloy , EVP, World Wide Sales of Instructure Inc sold 2,000 shares on May 26, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $17.89 per share for a total value of $35,769.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Joshua L. Coates (CEO) purchased 10,000 shares at $16.97 per share price.On Nov 18, 2015, Lloyd G Waterhouse (director) purchased 18,750 shares at $16.00 per share price.Also, On Nov 18, 2015, Ellen Levy (director) purchased 4,687 shares at $16.00 per share price.On Nov 18, 2015, William M Conroy (director) purchased 15,625 shares at $16.00 per share price.

Company has been under the radar of several Street Analysts.Instructure Inc is Resumed by Needham to Buy and the brokerage firm has set the Price Target at $25. The Rating was issued on May 16, 2016.

Instructure Inc is a United States-based technology company. The Company provides instructors and students with tools and resources. Instructure offers Canvas which is a learning management system as well as Canvas Network online courses by educators everywhere – from Ivy League institutions to community colleges. The Company’s technology is used by 400+ colleges universities and school districts.

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