Coursera, Inc. $COUR Holdings Lowered by Capital Fund Management S.A.

Capital Fund Management S.A. decreased its stake in Coursera, Inc. (NYSE:COUR) by 63.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 96,666 shares of the company’s stock after selling 167,547 shares during the quarter. Capital Fund Management S.A. owned 0.06% of Coursera worth $847,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of COUR. Vanguard Group Inc. grew 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 purchasing an additional 159,820 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Coursera by 3.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company’s stock worth $6,933,000 after buying an additional 35,981 shares during the period. Jump Financial LLC grew its holdings in shares of Coursera by 13.0% during the first quarter. Jump Financial LLC now owns 241,513 shares of the company’s stock valued at $1,608,000 after buying an additional 27,760 shares in the last quarter. Nuveen LLC acquired a new position in Coursera during the first quarter valued at $7,764,000. Finally, Deutsche Bank AG raised its position in Coursera by 7.7% during the first quarter. Deutsche Bank AG now owns 1,986,750 shares of the company’s stock valued at $13,232,000 after buying an additional 141,745 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.

Insider Activity

In other Coursera news, 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 value of $354,742.92. Following the completion of the sale, the chief financial officer owned 954,047 shares of the company’s stock, valued at $11,419,942.59. The trade was a 3.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michele M. Meyers sold 3,500 shares of the company’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $10.27, for a total value of $35,945.00. Following the sale, the chief accounting officer owned 234,295 shares of the company’s stock, valued at approximately $2,406,209.65. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 57,000 shares of company stock worth $663,644. Corporate insiders own 16.80% of the company’s stock.

Coursera Stock Performance

Shares of COUR opened at $8.44 on Friday. The firm has a market cap of $1.40 billion, a PE ratio of -29.10 and a beta of 1.37. Coursera, Inc. has a twelve month low of $5.76 and a twelve month high of $13.56. The firm’s 50 day moving average price is $9.14 and its 200 day moving average price is $9.78.

Coursera (NYSE:COUR) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Coursera had a negative net margin of 6.19% and a negative return on equity of 4.75%. The company had revenue of $194.20 million for the quarter, compared to analyst estimates of $190.33 million. During the same quarter in the prior year, the business posted $0.10 EPS. Coursera’s quarterly revenue was up 10.3% on a year-over-year basis. On average, sell-side analysts anticipate that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Telsey Advisory Group reaffirmed an “outperform” rating and set a $14.00 target price on shares of Coursera in a research note on Friday, October 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Coursera in a report on Wednesday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 price objective on shares of Coursera in a research report on Wednesday, November 26th. UBS Group increased their target price on shares of Coursera from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Coursera in a report on Wednesday, November 26th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.36.

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.