Instructure Company Profile (NYSE:INST)

About Instructure (NYSE:INST)

Instructure logoInstructure, 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. The Company develops software that students, teachers and employees use to help achieve their education and learning goals. Its applications develop academic and corporate learning by providing a platform for instructors and learners, enabling frequent and open interactions, streamlining workflow, and allowing the creation and sharing of content. The Company's platform runs on a cloud-based architecture that enables users to teach, learn and engage across a range of application environments, operating systems, devices and locations.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:INST
  • CUSIP: N/A
  • Web:
  • Market Cap: $754.73 million
  • Outstanding Shares: 28,917,000
Average Prices:
  • 50 Day Moving Avg: $24.40
  • 200 Day Moving Avg: $22.25
  • 52 Week Range: $17.01 - $26.92
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -31.83
  • P/E Growth: -0.60
Sales & Book Value:
  • Annual Revenue: $121.56 million
  • Price / Sales: 6.21
  • Book Value: $0.06 per share
  • Price / Book: 435.00
  • EBIDTA: ($49,210,000.00)
  • Net Margins: -48.31%
  • Return on Equity: -208.06%
  • Return on Assets: -45.82%
  • Current Ratio: 1.12%
  • Quick Ratio: 1.12%
  • Average Volume: 209,550 shs.
  • Beta: 1.8
  • Short Ratio: 9.19

Frequently Asked Questions for Instructure (NYSE:INST)

What is Instructure's stock symbol?

Instructure trades on the New York Stock Exchange (NYSE) under the ticker symbol "INST."

How were Instructure's earnings last quarter?

Instructure Inc (NYSE:INST) released its quarterly earnings data on Monday, May, 1st. The company reported ($0.33) EPS for the quarter, topping analysts' consensus estimates of ($0.37) by $0.04. The firm earned $34 million during the quarter, compared to the consensus estimate of $32.96 million. Instructure had a negative net margin of 48.31% and a negative return on equity of 208.06%. The firm's revenue was up 45.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.42) earnings per share. View Instructure's Earnings History.

When will Instructure make its next earnings announcement?

Instructure is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Instructure.

What guidance has Instructure issued on next quarter's earnings?

Instructure issued an update on its FY17 earnings guidance on Monday, May, 1st. The company provided EPS guidance of ($1.29)-(1.26) for the period, compared to the Thomson Reuters consensus estimate of ($1.31). The company issued revenue guidance of $150.7-152.2 million, compared to the consensus revenue estimate of $150.36 million.Instructure also updated its Q2 guidance to ($0.36)-(0.34) EPS.

Where is Instructure's stock going? Where will Instructure's stock price be in 2017?

5 equities research analysts have issued 1-year price objectives for Instructure's stock. Their predictions range from $29.00 to $33.00. On average, they expect Instructure's share price to reach $30.40 in the next twelve months. View Analyst Ratings for Instructure.

What are analysts saying about Instructure stock?

Here are some recent quotes from research analysts about Instructure stock:

  • 1. According to Zacks Investment Research, "Instructure, Inc. provides cloud-based online education technology. It develops Canvas, a learning management application 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. The company's platform also provides data analytics that enable real-time reaction to information and benchmarking in order to personalize curricula and increase the efficacy of the learning process. Instructure, Inc. is based in Salt Lake City, Utah. " (5/5/2017)
  • 2. Jefferies Group LLC analysts commented, "4Q results topped Street estimates, and rev reaccelerated, after a slight miss/ disappointing guidance in 3Q. 2017 guidance was raised modestly and above the Street. We believe the adjusted bar, which implies only modest new business growth in 2017, is attainable, with baseline growth in the academic LMS market and continued traction in the corporate and int'l markets. INST plans to announce other HCM products, which will expand its TAM." (2/7/2017)
  • 3. Needham & Company LLC analysts commented, "We reiterate our Strong Buy on Instructure after reporting very good 4Q results with better than expected margin leverage and Y/Y billings growth in line with expectations. 4Q sales commentary added several new themes to the INST thesis including strong international traction in Australia and LATAM with Moodle displacements, a Higher Ed customer purchasing both Canvas and Bridge, and better than expected Bridge commentary. We continue to believe FY17 will be a transformational year for Instructure's operating model as commentary on domestic Canvas sales coverage reaches nearly 100% saturation levels which should drive higher than guided operating margin leverage in FY17. We also believe the recent incremental traction with Bridge could drive incremental upside to current FY18 estimates if recent sales success is sustained." (2/7/2017)

Who are some of Instructure's key competitors?

When did Instructure IPO?

(INST) raised $75 million in an IPO on Friday, November 13th 2015. The company issued 4,400,000 shares at a price of $16.00-$18.00 per share. Morgan Stanley, Goldman Sachs and Jefferies served as the underwriters for the IPO and Needham, Oppenheimer and Raymond James were co-managers.

Who owns Instructure stock?

Instructure's stock is owned by many different of retail and institutional investors. Top institutional investors include Nine Ten Capital Management LLC (9.10%), JPMorgan Chase & Co. (8.07%), Janus Capital Management LLC (3.95%), Whale Rock Capital Management LLC (3.84%), Vista Equity Partners Management LLC (2.76%) and Eventide Asset Management LLC (2.32%). Company insiders that own Instructure stock include Adam D Marcus, Affiliates Fund Lp Openview II, Byron B Deeter, Ellen Levy, Epic Venture Fund Iv, Llc, Joshua L Coates, Marc T Maloy, Matthew Kaminer, Steven A Collins, Steven B Kaminsky, William M Conroy and Zions Sbic Llc. View Institutional Ownership Trends for Instructure.

Who sold Instructure stock? Who is selling Instructure stock?

Instructure's stock was sold by a variety of institutional investors in the last quarter, including Insight Holdings Group LLC, Citadel Advisors LLC, Morgan Stanley, TIAA CREF Investment Management LLC, Formula Growth Ltd., Strs Ohio, Parametric Portfolio Associates LLC and Alliancebernstein L.P.. Company insiders that have sold Instructure stock in the last year include Adam D Marcus, Affiliates Fund Lp Openview II, Byron B Deeter, Epic Venture Fund Iv, Llc, Marc T Maloy, Matthew Kaminer, Steven A Collins, Steven B Kaminsky, William M Conroy and Zions Sbic Llc. View Insider Buying and Selling for Instructure.

Who bought Instructure stock? Who is buying Instructure stock?

Instructure's stock was purchased by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Nine Ten Capital Management LLC, JPMorgan Chase & Co., FMR LLC, Vista Equity Partners Management LLC, Pier Capital LLC, Hamilton Lane Advisors LLC and EAM Investors LLC. Company insiders that have bought Instructure stock in the last two years include Ellen Levy, Joshua L Coates, Marc T Maloy, Matthew Kaminer and Steven B Kaminsky. View Insider Buying and Selling for Instructure.

How do I buy Instructure stock?

Shares of Instructure can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Instructure stock cost?

One share of Instructure stock can currently be purchased for approximately $26.10.

Analyst Ratings

Consensus Ratings for Instructure (NYSE:INST) (?)
Ratings Breakdown: 3 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.40)
Consensus Price Target: $30.40 (16.48% upside)

Analysts' Ratings History for Instructure (NYSE:INST)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$27.00 -> $30.00LowView Rating Details
5/2/2017Jefferies Group LLCBoost Price TargetBuy$27.00 -> $30.00LowView Rating Details
5/2/2017Needham & Company LLCBoost Price TargetStrong-Buy -> Strong-Buy$28.00 -> $33.00HighView Rating Details
3/16/2017Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$28.00 -> $29.00HighView Rating Details
8/3/2016Barrington ResearchBoost Price TargetOutperform$25.00 -> $30.00N/AView Rating Details
12/14/2015First AnalysisInitiated CoverageOverweight$26.00N/AView Rating Details
12/9/2015Morgan StanleyInitiated CoverageEqual -> Equal Weight$20.00N/AView Rating Details
12/8/2015Goldman Sachs Group IncInitiated CoverageBuy$25.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Instructure (NYSE:INST)
Earnings by Quarter for Instructure (NYSE:INST)
Earnings History by Quarter for Instructure (NYSE:INST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017Q1 2017($0.37)($0.33)$32.96 million$34.00 millionViewListenView Earnings Details
2/6/2017Q416($0.43)($0.35)$30.77 million$31.55 millionViewListenView Earnings Details
10/31/2016Q316($0.51)($0.34)$30.28 million$30.10 millionViewListenView Earnings Details
8/1/2016Q216($0.52)($0.44)$24.31 million$25.89 millionViewN/AView Earnings Details
5/4/2016Q116($0.48)($0.50)$22.39 million$23.30 millionViewN/AView Earnings Details
2/9/2016Q415($0.57)($0.43)$20.80 million$21.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Instructure (NYSE:INST)
Current Year EPS Consensus Estimate: $-1.26 EPS
Next Year EPS Consensus Estimate: $-0.82 EPS


Dividend History for Instructure (NYSE:INST)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Instructure (NYSE:INST)
Insider Ownership Percentage: 62.50%
Institutional Ownership Percentage: 50.60%
Insider Trades by Quarter for Instructure (NYSE:INST)
Institutional Ownership by Quarter for Instructure (NYSE:INST)
Insider Trades by Quarter for Instructure (NYSE:INST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/8/2017Marc T MaloyEVPSell3,000$25.21$75,630.00View SEC Filing  
5/4/2017Steven B KaminskyCFOSell17,781$24.59$437,234.79View SEC Filing  
5/2/2017William M ConroyDirectorSell8,000$25.00$200,000.00View SEC Filing  
3/17/2017Marc T MaloyEVPSell2,000$25.03$50,060.00View SEC Filing  
3/17/2017William M ConroyDirectorSell8,000$25.01$200,080.00View SEC Filing  
3/16/2017Affiliates Fund Lp Openview IIMajor ShareholderSell19,900$24.73$492,127.00View SEC Filing  
3/2/2017Marc T MaloyEVPSell3,333$23.28$77,592.24View SEC Filing  
2/9/2017Steven A CollinsDirectorSell2,000$23.56$47,120.00View SEC Filing  
2/8/2017Epic Venture Fund Iv, LlcMajor ShareholderSell417,000$23.04$9,607,680.00View SEC Filing  
2/1/2017Affiliates Fund Lp Openview IIMajor ShareholderSell60,000$21.92$1,315,200.00View SEC Filing  
1/20/2017Zions Sbic LlcMajor ShareholderSell125,326$21.90$2,744,639.40View SEC Filing  
1/6/2017Zions Sbic LlcMajor ShareholderSell20,000$20.53$410,600.00View SEC Filing  
12/7/2016Zions Sbic LlcMajor ShareholderSell63,233$19.92$1,259,601.36View SEC Filing  
12/5/2016Zions Sbic LlcMajor ShareholderSell18,276$20.01$365,702.76View SEC Filing  
11/11/2016Joshua L CoatesCEOBuy5,500$18.80$103,400.00View SEC Filing  
11/7/2016Epic Venture Fund Iv, LlcMajor ShareholderSell30,204$20.48$618,577.92View SEC Filing  
11/3/2016Joshua L CoatesCEOBuy10,000$19.76$197,600.00View SEC Filing  
11/3/2016Matthew KaminerSVPBuy1,601$19.79$31,683.79View SEC Filing  
10/26/2016Epic Venture Fund Iv, LlcMajor ShareholderSell40,000$26.68$1,067,200.00View SEC Filing  
10/21/2016Epic Venture Fund Iv, LlcMajor ShareholderSell80,000$25.60$2,048,000.00View SEC Filing  
10/17/2016Marc T MaloyEVPSell2,000$24.22$48,440.00View SEC Filing  
10/7/2016Epic Venture Fund Iv, LlcMajor ShareholderSell4,558$24.73$112,719.34View SEC Filing  
10/3/2016Steven B KaminskyCFOSell2,000$25.20$50,400.00View SEC Filing  
9/28/2016Epic Venture Fund Iv, LlcMajor ShareholderSell17,772$25.59$454,785.48View SEC Filing  
9/16/2016Affiliates Fund Lp Openview IIMajor ShareholderSell98,150$24.09$2,364,433.50View SEC Filing  
9/15/2016Marc T MaloyEVPSell2,000$23.79$47,580.00View SEC Filing  
9/8/2016Adam D MarcusDirectorSell45,900$24.25$1,113,075.00View SEC Filing  
9/6/2016Adam D MarcusDirectorSell72,844$24.06$1,752,626.64View SEC Filing  
9/2/2016Marc T MaloyEVPSell414$23.95$9,915.30View SEC Filing  
9/2/2016Matthew KaminerSVPSell389$24.02$9,343.78View SEC Filing  
9/2/2016Steven B KaminskyCFOSell534$23.97$12,799.98View SEC Filing  
8/31/2016Byron B DeeterDirectorSell8,798$23.85$209,832.30View SEC Filing  
8/25/2016Adam D MarcusDirectorSell27,484$24.09$662,089.56View SEC Filing  
8/15/2016Affiliates Fund Lp Openview IIMajor ShareholderSell123,604$24.28$3,001,105.12View SEC Filing  
8/15/2016Marc T MaloyEVPSell2,000$23.98$47,960.00View SEC Filing  
8/8/2016Steven A CollinsDirectorSell2,000$23.60$47,200.00View SEC Filing  
8/2/2016Steven B KaminskyCFOSell2,000$25.00$50,000.00View SEC Filing  
7/15/2016Marc T MaloyEVPSell2,000$20.58$41,160.00View SEC Filing  
6/15/2016Marc T MaloyEVPSell2,000$18.00$36,000.00View SEC Filing  
6/2/2016Marc T MaloyEVPSell408$18.10$7,384.80View SEC Filing  
6/2/2016Steven B KaminskyCFOSell535$18.08$9,672.80View SEC Filing  
5/26/2016Marc T MaloyEVPSell2,000$17.88$35,760.00View SEC Filing  
5/23/2016Joshua L CoatesCEOBuy10,000$16.97$169,700.00View SEC Filing  
2/29/2016Joshua L CoatesCEOBuy14,000$14.17$198,380.00View SEC Filing  
11/18/2015Ellen LevyDirectorBuy4,687$16.00$74,992.00View SEC Filing  
11/18/2015Joshua L CoatesCEOBuy125,000$16.00$2,000,000.00View SEC Filing  
11/18/2015Marc T MaloyEVPBuy6,250$16.00$100,000.00View SEC Filing  
11/18/2015Matthew KaminerSVPBuy12,500$16.00$200,000.00View SEC Filing  
11/18/2015Steven B KaminskyCFOBuy15,625$16.00$250,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Instructure (NYSE:INST)
Latest Headlines for Instructure (NYSE:INST)
DateHeadline logoCanvas and AVID Work Together to Bring Digital Professional Learning Experiences to Thousands of Educators - May 16 at 11:02 AM logoInstructure Inc (INST) Receives Consensus Recommendation of "Buy" from Analysts - May 12 at 4:28 PM logoInstructure Inc (INST) EVP Marc T. Maloy Sells 3,000 Shares - May 9 at 8:04 PM logoETFs with exposure to Instructure, Inc. : May 8, 2017 - May 8 at 5:37 PM logo$37.07 Million in Sales Expected for Instructure Inc (INST) This Quarter - May 7 at 8:02 AM logoInstructure Inc (INST) Cut to "Hold" at Zacks Investment Research - May 6 at 12:36 AM logoInstructure Inc (INST) Rating Lowered to Hold at Zacks Investment Research - May 6 at 12:32 AM logoZacks: Brokerages Anticipate Instructure Inc (INST) to Post -$0.50 EPS - May 5 at 6:10 PM logoInstructure, Inc. :INST-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017 - May 5 at 5:56 PM logoSteven B. Kaminsky Sells 17,781 Shares of Instructure Inc (INST) Stock - May 5 at 8:40 AM logoInstructure Inc (INST) Earns "Outperform" Rating from Oppenheimer Holdings Inc. - May 5 at 12:46 AM
News IconBRIEF-Instructure qtrly non-GAAP loss per share $0.33 - May 4 at 12:40 AM logoInstructure, Inc. (INST) PT Raised to $30 at Oppenheimer; 'Business Will Show Positive Trends for Some Time' - May 4 at 12:40 AM logoInsider Selling: Instructure Inc (INST) Director Sells 8,000 Shares of Stock - May 3 at 11:10 PM logoJefferies Group LLC Reaffirms Buy Rating for Instructure Inc (INST) - May 2 at 10:40 PM logoInstructure (INST) Given Daily Media Impact Rating of 0.15 - May 2 at 10:34 PM logoEdited Transcript of INST earnings conference call or presentation 1-May-17 9:00pm GMT - May 2 at 10:35 AM logoInstructure Inc (INST) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS - May 1 at 11:20 PM logoInstructure Inc (INST) Issues Q2 Earnings Guidance - May 1 at 8:46 PM logoInstructure Inc (INST) Updates FY17 Earnings Guidance - May 1 at 8:46 PM logoInstructure Reports First Quarter 2017 Financial Results - May 1 at 6:17 PM logoInstructure, Inc. – Value Analysis (NYSE:INST) : May 1, 2017 - May 1 at 6:17 PM logoInstructure reports 1Q loss - May 1 at 6:17 PM logoInstructure, Inc. breached its 50 day moving average in a Bullish Manner : INST-US : April 28, 2017 - April 28 at 10:01 AM logoInstructure (INST) Getting Very Favorable News Coverage, Study Finds - April 26 at 11:32 AM logoInstructure (INST) Earns Daily Media Impact Rating of 0.22 - April 23 at 6:37 PM logoInstructure (INST) Earning Somewhat Critical Media Coverage, Report Finds - April 20 at 3:41 PM logoInstructure to Present at the Jefferies Technology Conference - April 19 at 5:49 PM logoInstructure Inc (INST) Receives Average Rating of "Strong Buy" from Brokerages - April 17 at 4:49 PM logoInstructure (INST) Given Daily Coverage Optimism Rating of 0.56 - April 17 at 12:32 PM logo$32.92 Million in Sales Expected for Instructure Inc (INST) This Quarter - April 16 at 8:26 AM logoZacks: Analysts Expect Instructure Inc (INST) Will Post Earnings of -$0.50 Per Share - April 14 at 6:21 PM logoInstructure (INST) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports - April 13 at 3:00 PM logoInstructure Inc (INST) Rating Increased to Strong-Buy at Zacks Investment Research - April 12 at 12:51 AM logoInstructure Announces First Quarter 2017 Earnings Conference Call - April 10 at 5:40 PM logoETFs with exposure to Instructure, Inc. : April 7, 2017 - April 7 at 5:50 PM logoInstructure Inc (INST) Given Consensus Recommendation of "Buy" by Analysts - March 22 at 12:22 PM logoInstructure Inc (INST) Major Shareholder Sells $492,127.00 in Stock - March 20 at 10:25 PM logoInstructure Inc (INST) EVP Marc T. Maloy Sells 2,000 Shares - March 20 at 8:13 PM logoInstructure (INST) Worth a Look: Stock Adds 7% in Session - March 17 at 6:11 PM logoInstructure upgraded by Raymond James - March 16 at 4:34 PM logoOrange County, FL, Austin Independent and San Diego Unified School Districts Implement Canvas - March 8 at 6:42 PM logoINSTRUCTURE INC Financials - February 28 at 9:20 AM logoInstructure Unveils Bridge Retain to Enhance Employee Memory - February 16 at 4:48 PM logoINSTRUCTURE INC Files SEC form 10-K, Annual Report - February 10 at 6:43 PM logoForm 4 INSTRUCTURE INC For: Feb 09 Filed by: Collins Steven A - February 9 at 6:53 PM logoEdited Transcript of INST earnings conference call or presentation 6-Feb-17 10:00pm GMT - February 7 at 7:15 PM logo4:13 pm Instructure beats by $0.07, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY16 EPS and revs above consensus; COO Named - February 6 at 11:02 PM logoBRIEF-Instructure reports qtrly GAAP loss per share $0.46 - February 6 at 6:00 PM logoQ4 2016 Instructure Inc Earnings Release - After Market Close - February 6 at 10:32 AM



Instructure (INST) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff