Voya Investment Management LLC Sells 4,171 Shares of Coursera, Inc. $COUR

Voya Investment Management LLC reduced its holdings in Coursera, Inc. (NYSE:COUR) by 10.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,561 shares of the company’s stock after selling 4,171 shares during the quarter. Voya Investment Management LLC’s holdings in Coursera were worth $250,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. 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 worth $28,000 after purchasing an additional 3,919 shares in the last quarter. State of Wyoming increased its holdings in shares of Coursera by 85.9% during the first quarter. State of Wyoming now owns 7,227 shares of the company’s stock valued at $48,000 after acquiring an additional 3,340 shares in the last quarter. Pale Fire Capital SE bought a new stake in shares of Coursera during the first quarter valued at approximately $67,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Coursera during the fourth quarter valued at approximately $86,000. Finally, Xponance Inc. bought a new stake in shares of Coursera during the first quarter valued at approximately $69,000. 89.55% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Coursera news, SVP Alan B. Cardenas sold 24,631 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total value of $274,389.34. Following the transaction, the senior vice president owned 258,526 shares of the company’s stock, valued at approximately $2,879,979.64. The trade was a 8.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Michele M. Meyers sold 12,500 shares of the business’s stock in a transaction on Friday, July 25th. The stock was 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 approximately $2,938,871.60. This represents a 4.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 193,131 shares of company stock valued at $2,265,189. Insiders own 16.80% of the company’s stock.

Coursera Stock Up 2.9%

Shares of NYSE:COUR opened at $12.07 on Tuesday. The business’s 50 day moving average is $11.50 and its 200 day moving average is $9.27. Coursera, Inc. has a 12-month low of $5.76 and a 12-month high of $13.56. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of -36.56 and a beta of 1.40.

Coursera (NYSE:COUR) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The business had revenue of $187.10 million for the quarter, compared to analysts’ expectations of $180.52 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The business’s revenue was up 9.9% on a year-over-year basis. 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 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on COUR shares. Bank of America upgraded Coursera from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $7.00 to $12.00 in a report on Friday, July 25th. Needham & Company LLC restated a “buy” rating and set a $11.00 price objective on shares of Coursera in a report on Monday, July 21st. Loop Capital boosted 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. Telsey Advisory Group restated an “outperform” rating and set a $14.00 price objective on shares of Coursera in a report on Friday, August 15th. Finally, Zacks Research cut Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.40.

Coursera 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.