Instructure Inc (INST): Adam D. Marcus , director 10% owner of Instructure Inc sold 45,900 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $24.25 per share for a total value of $1,113,093.38 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 6, 2016, Adam D. Marcus (director 10% owner) sold 72,844 shares at $24.06 per share price.On Sep 6, 2016, Steven B. Kaminsky (Chief Financial Officer) sold 534 shares at $23.97 per share price.Also, On Sep 6, 2016, Marc T. Maloy (EVP, World Wide Sales) sold 414 shares at $23.95 per share price.On Sep 6, 2016, Matthew Kaminer (SVP, GC & Secretary) sold 389 shares at $24.02 per share price.
Company has been under the radar of several Street Analysts.Instructure Inc is Reiterated by Barrington Research to Outperform and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $25 .The Rating was issued on Aug 3, 2016.Instructure Inc is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 28 from a previous price target of $25 .The Rating was issued on Aug 2, 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 Companys technology is used by 400+ colleges universities and school districts.