Telsey Advisory Group reissued their outperform rating on shares of Coursera (NYSE:COUR – Free Report) in a report released on Friday morning,Benzinga reports. The brokerage currently has a $14.00 price objective on the stock.
Several other research analysts have also recently weighed in on COUR. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $13.00 price target on shares of Coursera in a report on Thursday, September 11th. Zacks Research lowered shares of Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Royal Bank Of Canada increased their price target on shares of Coursera from $10.00 to $13.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $11.00 price objective on shares of Coursera in a research note on Monday, July 21st. Finally, KeyCorp restated an “overweight” rating and issued a $12.00 target price (up previously from $11.00) on shares of Coursera in a report on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Coursera presently has an average rating of “Hold” and a consensus price target of $11.40.
Check Out Our Latest Report on Coursera
Coursera Trading Down 8.4%
Coursera (NYSE:COUR – Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 prior year, the firm posted $0.09 EPS. The firm’s quarterly 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. On average, equities research analysts forecast that Coursera will post -0.28 EPS for the current year.
Insider Transactions at Coursera
In related news, SVP Alan B. Cardenas sold 24,631 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total value of $274,389.34. Following the completion of the transaction, the senior vice president directly owned 258,526 shares in the company, valued at $2,879,979.64. This trade represents a 8.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kenneth R. Hahn sold 29,636 shares of the business’s stock in a transaction dated 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 in the company, valued at $11,419,942.59. The trade was a 3.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 193,131 shares of company stock valued at $2,265,189 in the last three months. 16.80% of the stock is currently owned by company insiders.
Institutional Trading of Coursera
Several institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC purchased a new position in Coursera in the 4th quarter worth about $86,000. Rhumbline Advisers grew its position in Coursera by 5.9% during the first quarter. Rhumbline Advisers now owns 198,240 shares of the company’s stock valued at $1,320,000 after buying an additional 11,041 shares during the period. Pallas Capital Advisors LLC purchased a new stake in shares of Coursera in the 1st quarter worth $71,000. SG Americas Securities LLC lifted its position in shares of Coursera by 61.4% during the 1st quarter. SG Americas Securities LLC now owns 140,743 shares of the company’s stock valued at $937,000 after buying an additional 53,534 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Coursera by 22.2% during the first quarter. Assenagon Asset Management S.A. now owns 855,629 shares of the company’s stock valued at $5,698,000 after purchasing an additional 155,427 shares in the last quarter. 89.55% of the stock is owned by hedge funds and other institutional investors.
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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