Jefferies Believes Instructure Inc (NYSE: INST) Still Has Room to Grow

By Jason Carr

Jefferies analyst John Difucci reiterated a Buy rating on Instructure Inc (NYSE: INST) yesterday and set a price target of $30. The company’s shares closed yesterday at $26.95, close to its 52-week high of $27.

According to, Difucci is a top 100 analyst with an average return of 18.4% and a 74.2% success rate. Difucci covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Palo Alto Networks, and CommVault Systems.

Instructure Inc has an analyst consensus of Strong Buy, with a price target consensus of $30.50.

The company has a one year high of $27 and a one year low of $17.16. Currently, Instructure Inc has an average volume of 208K.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock.

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Instructure, Inc. is a software-as-a-service technology company, which engages in making software. It also involves in providing cloud-based learning management platform for academic institutions and companies. The company was founded by Devlin Daley and Brian Whitmer in September, 2008 and is headquartered in Salt Lake City, UT.