33,244 Shares in Coursera, Inc. $COUR Acquired by EP Wealth Advisors LLC

EP Wealth Advisors LLC purchased a new position in shares of Coursera, Inc. (NYSE:COUR) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 33,244 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. State of Wyoming lifted 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 worth $33,000 after purchasing an additional 3,520 shares during the last quarter. Quarry LP increased its holdings in Coursera by 1,848.6% in the first quarter. Quarry LP now owns 4,131 shares of the company’s stock valued at $28,000 after buying an additional 3,919 shares during the last quarter. Pale Fire Capital SE acquired a new stake in Coursera in the first quarter valued at $67,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Coursera during the 4th quarter worth about $86,000. Finally, Xponance Inc. purchased a new stake in Coursera during the 1st quarter worth about $69,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

Coursera Stock Up 3.3%

NYSE:COUR opened at $11.98 on Wednesday. The company has a market capitalization of $1.93 billion, a PE ratio of -36.30 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 stock’s 50 day moving average price is $10.70 and its 200 day moving average price is $8.88.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Loop Capital increased their price objective on Coursera from $12.00 to $15.00 and gave the company a “buy” rating in a report on Friday, July 25th. Zacks Research downgraded Coursera from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Telsey Advisory Group reissued an “outperform” rating and set a $14.00 price objective on shares of Coursera in a report on Friday, August 15th. Royal Bank Of Canada boosted their price objective on shares of Coursera from $10.00 to $13.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, Morgan Stanley upped their target price on shares of Coursera from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price 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 dated Friday, August 15th. The shares were sold at an average price of $11.94, for a total value of $29,850.00. Following the completion of the sale, the chief accounting officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kenneth R. Hahn sold 25,000 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.92, for a total transaction of $298,000.00. Following the sale, the chief financial officer owned 1,050,853 shares of the company’s stock, valued at $12,526,167.76. This trade represents a 2.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 139,631 shares of company stock worth $1,637,489 in the last 90 days. Company insiders own 16.80% of the company’s stock.

About Coursera

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.