Headlines about Instructure (NYSE:INST) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Instructure earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.5833779116854 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s scoring:

Shares of Instructure (NYSE INST) opened at 32.85 on Friday. The company has a 50-day moving average price of $30.79 and a 200 day moving average price of $27.22. The stock’s market cap is $965.10 million. Instructure has a one year low of $17.85 and a one year high of $34.85.

Instructure (NYSE:INST) last announced its quarterly earnings results on Monday, July 31st. The technology company reported ($0.46) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.04. The firm had revenue of $38.00 million for the quarter, compared to the consensus estimate of $37.09 million. Instructure had a negative return on equity of 827.22% and a negative net margin of 38.12%. The company’s quarterly revenue was up 46.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.44) earnings per share. Equities research analysts expect that Instructure will post ($1.24) earnings per share for the current year.

Several equities research analysts have recently issued reports on the company. Jefferies Group LLC raised their target price on Instructure from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised Instructure from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research report on Tuesday, August 8th. BidaskClub lowered Instructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. SunTrust Banks, Inc. assumed coverage on Instructure in a research report on Monday, June 26th. They set a “buy” rating and a $33.00 target price for the company. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $33.00 target price (up from $30.00) on shares of Instructure in a research report on Friday, June 23rd. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $36.00.

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In related news, EVP Marc T. Maloy sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $31.70, for a total transaction of $63,400.00. Following the completion of the sale, the executive vice president now owns 13,272 shares in the company, valued at $420,722.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Steven B. Kaminsky sold 10,000 shares of the company’s stock in a transaction on Thursday, July 13th. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the sale, the chief financial officer now owns 150,459 shares of the company’s stock, valued at approximately $4,513,770. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,650 shares of company stock valued at $1,102,718. 62.50% of the stock is owned by company insiders.

Instructure Company Profile

Instructure, Inc provides cloud-based learning management platform for academic institutions and companies across the world. The Company operates in the cloud-based learning management systems segment. The Company builds its learning management applications, Canvas for the education market and Bridge for the corporate market, to enable its customers to develop, deliver and manage face-to-face and online learning experiences.

Insider Buying and Selling by Quarter for Instructure (NYSE:INST)

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