Advisors Capital Management LLC Invests $147,000 in Coursera, Inc. $COUR

Advisors Capital Management LLC purchased a new position in Coursera, Inc. (NYSE:COURFree Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,773 shares of the company’s stock, valued at approximately $147,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in Coursera in the first quarter valued at approximately $7,764,000. Acadian Asset Management LLC boosted its stake in shares of Coursera by 125.4% in the second quarter. Acadian Asset Management LLC now owns 1,466,353 shares of the company’s stock valued at $12,833,000 after purchasing an additional 815,745 shares during the period. Pacer Advisors Inc. acquired a new stake in Coursera during the 1st quarter valued at $4,132,000. Federated Hermes Inc. increased its stake in Coursera by 125.3% during the 1st quarter. Federated Hermes Inc. now owns 1,076,727 shares of the company’s stock worth $7,171,000 after buying an additional 598,726 shares during the period. Finally, Ieq Capital LLC lifted its holdings in Coursera by 715.4% in the 1st quarter. Ieq Capital LLC now owns 560,945 shares of the company’s stock worth $3,736,000 after buying an additional 492,155 shares in the last quarter. 89.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Kenneth R. Hahn sold 29,636 shares of Coursera stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $11.97, for a total value of $354,742.92. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Michele M. Meyers sold 3,500 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $10.27, for a total transaction of $35,945.00. Following the completion of the transaction, the chief accounting officer owned 234,295 shares in the company, valued at $2,406,209.65. This represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 81,631 shares of company stock worth $938,034 over the last 90 days. Corporate insiders own 16.80% of the company’s stock.

Coursera Stock Performance

NYSE COUR opened at $8.49 on Monday. Coursera, Inc. has a 1 year low of $5.76 and a 1 year high of $13.56. The business’s fifty day moving average is $10.14 and its two-hundred day moving average is $9.86. The stock has a market capitalization of $1.41 billion, a P/E ratio of -29.26 and a beta of 1.37.

Coursera (NYSE:COURGet Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $194.20 million for the quarter, compared to analyst estimates of $190.33 million. Coursera had a negative return on equity of 4.75% and a negative net margin of 6.19%.Coursera’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 earnings per share. Coursera has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Coursera, Inc. will post -0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. KeyCorp reiterated an “overweight” rating and set a $12.00 target price (up from $11.00) on shares of Coursera in a research note on Friday, July 25th. Bank of America raised 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 research report on Friday, July 25th. Cantor Fitzgerald restated an “overweight” rating and issued a $13.00 target price on shares of Coursera in a research note on Friday, October 24th. Morgan Stanley lifted their price target on Coursera from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, July 25th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $14.00 price objective on shares of Coursera in a report on Monday, October 20th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.36.

Get Our Latest Stock Report on COUR

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.

See Also

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Institutional Ownership by Quarter for Coursera (NYSE:COUR)

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