Coursera, Inc. $COUR Shares Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC increased its position in shares of Coursera, Inc. (NYSE:COURFree Report) by 57.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,833 shares of the company’s stock after acquiring an additional 6,112 shares during the period. Pallas Capital Advisors LLC’s holdings in Coursera were worth $147,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in Coursera by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company’s stock worth $81,964,000 after acquiring an additional 159,820 shares during the period. Deutsche Bank AG raised its stake in shares of Coursera by 7.7% during the 1st quarter. Deutsche Bank AG now owns 1,986,750 shares of the company’s stock worth $13,232,000 after purchasing an additional 141,745 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Coursera by 0.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,662,492 shares of the company’s stock valued at $14,131,000 after acquiring an additional 14,873 shares in the last quarter. Nuveen LLC bought a new position in shares of Coursera in the 1st quarter valued at approximately $7,764,000. Finally, Federated Hermes Inc. raised its stake in shares of Coursera by 125.3% in the 1st quarter. Federated Hermes Inc. now owns 1,076,727 shares of the company’s stock valued at $7,171,000 after acquiring an additional 598,726 shares in the last quarter. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera Price Performance

Shares of NYSE COUR opened at $11.91 on Tuesday. The company has a market cap of $1.92 billion, a P/E ratio of -36.07 and a beta of 1.40. The firm has a 50-day simple moving average of $11.19 and a two-hundred day simple moving average of $9.10. Coursera, Inc. has a 1 year low of $5.76 and a 1 year high of $13.56.

Coursera (NYSE:COURGet Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03. The firm had revenue of $187.10 million during 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 business’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 business posted $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts expect that Coursera, Inc. will post -0.28 EPS for the current year.

Insider Activity at Coursera

In other news, CFO Kenneth R. Hahn sold 75,000 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $11.87, for a total transaction of $890,250.00. Following the sale, the chief financial officer owned 1,075,853 shares of the company’s stock, valued at approximately $12,770,375.11. This represents a 6.52% 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, CAO Michele M. Meyers sold 12,500 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $11.60, for a total value of $145,000.00. Following the completion of the transaction, the chief accounting officer directly owned 253,351 shares in the company, valued at $2,938,871.60. This trade represents a 4.70% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 193,131 shares of company stock worth $2,265,189. Insiders own 16.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Scotiabank lifted their price target on Coursera from $9.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Friday, July 25th. Royal Bank Of Canada lifted their price objective on Coursera from $10.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. KeyCorp reissued an “overweight” rating and set a $12.00 price objective (up previously from $11.00) on shares of Coursera in a report on Friday, July 25th. Morgan Stanley lifted their price objective on Coursera from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, July 25th. Finally, Needham & Company LLC reissued a “buy” rating and set a $11.00 price objective on shares of Coursera in a report on Monday, July 21st. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $11.40.

Read Our Latest Stock Report on Coursera

Coursera Profile

(Free Report)

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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Institutional Ownership by Quarter for Coursera (NYSE:COUR)

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