|Bid||49.22 x 800|
|Ask||49.29 x 1000|
|Day's Range||48.31 - 49.34|
|52 Week Range||33.47 - 54.31|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 17, 2020 - Feb 21, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.47|
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Instructure, Inc. ( the "Company") (Nasdaq: INST) relating to the sale of the Company to PIV Purchaser, LLC. Under the terms of the Merger, each share of Instructure common stock will automatically be converted into the right to receive $47.60 in cash for each share of Instructure common stock owned.
BALA CYNWYD, PA / ACCESSWIRE / December 5, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Instructure, Inc. ("Instructure" or "the Company") (INST) for possible breaches of fiduciary duty and other violations of federal and state law in connection with proposed acquisition of the Company by Thoma Bravo, LLC ("Thoma Bravo"). Under the terms of the agreement, Instructure shareholders will receive only $47.60 for each share of Instructure common stock owned.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Instructure, Inc. ("Instructure" or the "Company") (NYSE: INST) in connection with the proposed acquisition of the Company by Thoma Bravo, LLC. Under the terms of the acquisition agreement, INST shareholders will receive $47.60 per share in cash. The deal is scheduled to close in the first quarter of 2020.
Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. Rivulet Capital, which owns 5.23% of Instructure, said in a regulatory filing it plans to vote against the transaction. Rivulet is the first large investment firm to speak out publicly on Instructure's plans after other investors had privately and publicly pushed the Salt Lake City-headquartered company to consider selling part or all of itself.
NEW YORK, Dec. 04, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Instructure, Inc. (NYSE: INST) to Thoma Bravo, LLC for.
WILMINGTON, DE / ACCESSWIRE / December 4, 2019 / Rigrodsky & Long, P.A.: Do you own shares of Instructure, Inc. (NYSE: INST )? Did you purchase any of your shares prior to December 4, 2019? Do you think ...
Rowley Law PLLC is investigating potential securities law violations by Instructure, Inc. (NYSE: INST) and its board of directors concerning the proposed acquisition of the company by Thoma Bravo, LLC. Stockholders will receive $47.60 for each share of Instructure stock that they hold. The transaction is valued at approximately $2 billion and is expected to close first quarter of 2020.
Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Instructure, Inc. (NYSE: INST) breached their fiduciary duties or violated the federal securities laws in connection with the company's proposed sale to Thoma Bravo, LLC.
NEW YORK, NY / ACCESSWIRE / December 4, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Instructure, Inc. ("Instructure" or ...
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Instructure, Inc. (NYSE: INST) breached their fiduciary duties in connection with the proposed sale of the Company to Thoma Bravo, LLC.
Education software firm Instructure Inc said on Wednesday it would be bought by private equity investment firm Thoma Bravo in an all-cash deal for about $2 billion, giving into pressure from one of its shareholders pushing for a sale. Stockholders of the company will receive $47.60 in cash per share, a discount of about 10% to Instructure's closing price of $52.96 on Tuesday. New York-based Sachem Head Capital Management has been buying Instructure's shares over time, but the exact size of its position could not be determined.
Shares of Instructure Inc. sank 9.2% in premarket trading Wednesday, after the learning and development applications company announced an agreement to be acquired at a discount by private-equity firm Thoma Bravo LLC in a cash deal valued at about $2 billion. Under terms of the deal, Instructure shareholders will receive $47.60 in cash for each Instructure share they own, which is 10.1% below Tuesday's closing price of $52.96. The stock had gained 5% since the company announced on Nov. 14 that it was reviewing strategic alternatives after receiving "interest" from multiple third parties, and has rallied 25% since Oct. 28, when the company reported third-quarter results and said it was engaging in a strategic review of its Bridge business. In comparison, the S&P 500 has gained 1.8% since Oct. 28. The Thoma Bravo buyout deal includes a 35-day "go shop" period, in which the company can solicit alternative merger proposals.
Instructure (NYSE: INST) today announced that it has agreed to be acquired by Thoma Bravo, LLC, a leading private equity investment firm, in an all-cash transaction that values Instructure at an aggregate equity value of approximately $2 billion. As part of the terms of the agreement, Instructure stockholders will receive $47.60 in cash per share. The price per share represents an 18% premium to the Company's 3-month volume-weighted average price as of October 27, 2019, the day prior to the Company's third quarter earnings call at which it announced a strategic review for its Bridge business.
Instructure, Inc. (INST) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
MACOM's (MTSI) fourth-quarter fiscal 2019 results benefit from sequential improvement in end markets. However, the results bore the brunt of sluggish PON sales and Huawei ban.
NetApp's (NTAP) fiscal second-quarter results reflect declining product revenues on macroeconomic weakness amid strength in Cloud Data Services and Private Cloud offerings.
(Bloomberg) -- Jana Partners has added its name to the list of activist investors that have taken a stake in takeover target Instructure Inc.The New York hedge fund said in regulatory filing it had a 1% stake in the educational software company as of Sept. 30. The news came as Instructure on Thursday confirmed a Bloomberg News report it was exploring strategic alternatives, including possible sale of the company.Representatives for Jana and Instructure weren’t immediately available for comment.Activist investors Sachem Head Capital Management and Praesidium Investment Management Co. have also built stakes in Instructure and have been advocating for a sale, according to people familiar with the matter.Jana, the activist fund run by Barry Rosenstein, also sold down its stake in another takeover target, Axalta Coating Systems Ltd. to 1.7% from 2.5% in the second quarter. It also trimmed its its positions in Zimmer Biomet Holdings Inc., HD Supply Holdings Inc. and restaurant chain, Jack in the Box Inc.The firm exited its investment in Falcon Minerals Corp. during the quarter.To contact the reporter on this story: Scott Deveau in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Liana Baker at email@example.com, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
SALT LAKE CITY, Nov. 14, 2019 /PRNewswire/ -- Instructure (INST) today announced that in response to interest received from multiple third parties, its board of directors, supported by management, has commenced a process to explore strategic alternatives in order to maximize shareholder value. The board has retained J.P. Morgan as its financial advisor and Cooley LLP as its legal advisor in connection with the review. "Consistent with its duties and in response to interest from several parties, our board of directors has determined that it is prudent to undertake a review of alternatives to identify the best way to maximize shareholder value," said Josh Coates, Chairman of the Board at Instructure.
Economic weakness in Europe and headwinds from Asia Pacific hurt Stratasys' (SSYS) Q3 results. However, consistent strong performance in the Americas is a positive.