Wealth Enhancement Advisory Services LLC Raises Position in Coursera, Inc. $COUR

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Coursera, Inc. (NYSE:COUR) by 157.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,082 shares of the company’s stock after purchasing an additional 21,433 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Coursera were worth $301,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP increased its position in shares of Coursera by 1,848.6% during the first quarter. Quarry LP now owns 4,131 shares of the company’s stock valued at $28,000 after acquiring an additional 3,919 shares in the last quarter. State of Wyoming lifted its stake in shares of Coursera by 85.9% during the 1st quarter. State of Wyoming now owns 7,227 shares of the company’s stock valued at $48,000 after buying an additional 3,340 shares in the last quarter. Pale Fire Capital SE purchased a new position in shares of Coursera during the 1st quarter valued at $67,000. Xponance Inc. purchased a new position in shares of Coursera during the 1st quarter valued at $69,000. Finally, Pallas Capital Advisors LLC bought a new stake in Coursera in the 1st quarter valued at $71,000. Institutional investors own 89.55% of the company’s stock.

Coursera Price Performance

Coursera stock opened at $10.14 on Thursday. The business has a 50 day simple moving average of $11.48 and a 200-day simple moving average of $9.42. Coursera, Inc. has a 12 month low of $5.76 and a 12 month high of $13.56. The stock has a market capitalization of $1.64 billion, a PE ratio of -30.73 and a beta of 1.40.

Coursera (NYSE:COUR) last released its quarterly earnings results 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. The firm 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Bank of America upgraded shares of Coursera from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $7.00 to $12.00 in a report on Friday, July 25th. Cantor Fitzgerald reissued an “overweight” rating and issued a $13.00 price objective on shares of Coursera in a research report on Thursday, September 11th. Zacks Research cut shares of Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Wall Street Zen upgraded shares of Coursera from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $14.00 price target on shares of Coursera in a research note on Friday, October 3rd. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.40.

Insider Transactions at Coursera

In other news, CAO Michele M. Meyers sold 12,500 shares of the firm’s stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $11.60, for a total value of $145,000.00. Following the transaction, the chief accounting officer directly owned 253,351 shares of the company’s stock, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Alan B. Cardenas sold 24,631 shares of Coursera stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total transaction of $274,389.34. Following 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 193,131 shares of company stock valued at $2,265,189. Corporate insiders own 16.80% of the company’s stock.

Coursera Company 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.