Insider Selling: Coursera (NYSE:COUR) CAO Sells $39,585.00 in Stock

Coursera, Inc. (NYSE:COUR) CAO Michele Meyers sold 3,500 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $11.31, for a total value of $39,585.00. Following the completion of the sale, the chief accounting officer directly owned 237,795 shares in the company, valued at approximately $2,689,461.45. This represents a 1.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Coursera Price Performance

Shares of NYSE:COUR opened at $11.82 on Thursday. The business’s fifty day moving average price is $11.32 and its two-hundred day moving average price is $9.14. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $13.56. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of -35.80 and a beta of 1.40.

Coursera (NYSE:COUR) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating 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 firm had revenue of $187.10 million for the quarter, compared to analysts’ expectations of $180.52 million. During the same period in the prior year, the business posted $0.09 earnings per share. The business’s revenue was up 9.9% compared to the same quarter last year. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Loop Capital upped their price target on Coursera from $12.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Zacks Research cut Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Royal Bank Of Canada increased their target price on Coursera from $10.00 to $13.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $13.00 price target on shares of Coursera in a report on Thursday, September 11th. Finally, UBS Group increased their price objective on shares of Coursera from $8.50 to $10.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $11.40.

Institutional Trading of Coursera

Several institutional investors and hedge funds have recently added to or reduced their stakes in COUR. The Manufacturers Life Insurance Company lifted its position in Coursera by 1.5% during the second quarter. The Manufacturers Life Insurance Company now owns 70,852 shares of the company’s stock valued at $621,000 after purchasing an additional 1,027 shares during the period. Teacher Retirement System of Texas lifted its position in Coursera by 5.6% during the second quarter. Teacher Retirement System of Texas now owns 20,782 shares of the company’s stock valued at $182,000 after purchasing an additional 1,110 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Coursera by 1.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,948 shares of the company’s stock valued at $867,000 after purchasing an additional 1,785 shares during the period. Nisa Investment Advisors LLC lifted its position in Coursera by 102.9% during the second quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company’s stock valued at $32,000 after purchasing an additional 1,852 shares during the period. Finally, CWM LLC lifted its position in Coursera by 13.7% during the first quarter. CWM LLC now owns 23,794 shares of the company’s stock valued at $158,000 after purchasing an additional 2,872 shares during the period. 89.55% of the stock is owned by institutional investors.

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.