Coursera, Inc. $COUR Shares Purchased by Invesco Ltd.

Invesco Ltd. increased its holdings in shares of Coursera, Inc. (NYSE:COUR) by 27.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 152,407 shares of the company’s stock after acquiring an additional 32,456 shares during the period. Invesco Ltd. owned approximately 0.09% of Coursera worth $1,015,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State of Wyoming grew its position in shares of Coursera by 959.1% during the 4th quarter. State of Wyoming now owns 3,887 shares of the company’s stock valued at $33,000 after acquiring an additional 3,520 shares during the period. Xponance Inc. acquired a new stake in Coursera in the 1st quarter worth about $69,000. Pallas Capital Advisors LLC acquired a new stake in Coursera in the 1st quarter worth about $71,000. Inspire Advisors LLC acquired a new stake in Coursera in the 1st quarter worth about $75,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Coursera in the 4th quarter worth about $86,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on COUR shares. KeyCorp reiterated an “overweight” rating and issued a $12.00 price objective (up from $11.00) on shares of Coursera in a report on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $11.00 target price on shares of Coursera in a report on Monday, July 21st. JPMorgan Chase & Co. upped their target price on shares of Coursera from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Loop Capital boosted their target price on Coursera from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, Wall Street Zen upgraded Coursera from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.40.

Insider Buying and Selling

In other news, CAO Michele M. Meyers sold 2,500 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $11.94, for a total transaction of $29,850.00. Following the sale, the chief accounting officer owned 241,295 shares of the company’s stock, valued at approximately $2,881,062.30. This represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kenneth R. Hahn sold 25,000 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $11.92, for a total value of $298,000.00. Following the sale, the chief financial officer directly owned 1,050,853 shares in the company, valued at $12,526,167.76. This represents a 2.32% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 115,000 shares of company stock worth $1,363,100. 16.80% of the stock is owned by corporate insiders.

Coursera Stock Down 4.1%

Shares of NYSE COUR opened at $11.03 on Wednesday. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -33.41 and a beta of 1.40. Coursera, Inc. has a 52-week low of $5.76 and a 52-week high of $13.56. The business’s 50 day moving average is $10.42 and its two-hundred day moving average is $8.78.

Coursera (NYSE:COUR) last announced its earnings results on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $187.10 million for the quarter, compared to analyst estimates of $180.52 million. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.09 earnings per share. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts anticipate that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Coursera Company Profile

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.