Inspire Investing LLC increased its position in Coursera, Inc. (NYSE:COUR – Free Report) by 8.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,382 shares of the company’s stock after buying an additional 4,206 shares during the quarter. Inspire Investing LLC’s holdings in Coursera were worth $342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP increased its stake in shares of 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 period. State of Wyoming increased its stake in shares of Coursera by 959.1% in the fourth quarter. State of Wyoming now owns 3,887 shares of the company’s stock valued at $33,000 after buying an additional 3,520 shares during the period. Pale Fire Capital SE acquired a new position in shares of Coursera in the first quarter valued at approximately $67,000. Xponance Inc. acquired a new position in shares of Coursera in the first quarter valued at approximately $69,000. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Coursera in the first quarter valued at approximately $71,000. Institutional investors and hedge funds own 89.55% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on COUR shares. Scotiabank upped their price objective on Coursera from $9.00 to $11.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $13.00 price objective on shares of Coursera in a research note on Thursday, September 11th. KeyCorp reaffirmed an “overweight” rating and issued a $12.00 price objective (up previously from $11.00) on shares of Coursera in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their target price on shares of Coursera from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Finally, Zacks Research downgraded shares of Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $11.40.
Insider Transactions at Coursera
In other news, SVP Alan B. Cardenas sold 24,631 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the sale, the senior vice president owned 258,526 shares of the company’s stock, valued at $2,879,979.64. This trade represents a 8.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Kenneth R. Hahn sold 29,636 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $11.97, for a total transaction of $354,742.92. Following the sale, the chief financial officer directly owned 954,047 shares of the company’s stock, valued at approximately $11,419,942.59. This trade represents a 3.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 189,631 shares of company stock valued at $2,225,604 in the last quarter. 16.80% of the stock is currently owned by company insiders.
Coursera Stock Performance
NYSE:COUR opened at $11.07 on Wednesday. The company has a market capitalization of $1.79 billion, a PE ratio of -33.54 and a beta of 1.40. The company has a 50 day simple moving average of $10.93 and a two-hundred day simple moving average of $8.98. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56.
Coursera (NYSE:COUR – Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 7.05% and a negative return on equity of 5.16%. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Coursera, Inc. will post -0.28 EPS for the current year.
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.
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