Michele Meyers Sells 3,500 Shares of Coursera (NYSE:COUR) Stock

Coursera, Inc. (NYSE:COUR) CAO Michele Meyers sold 3,500 shares of Coursera 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 completion of the sale, the chief accounting officer owned 234,295 shares of the company’s stock, valued at approximately $2,406,209.65. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Coursera Stock Up 1.2%

Shares of COUR stock opened at $10.75 on Wednesday. The stock has a 50-day moving average price of $11.13 and a 200 day moving average price of $9.65. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -32.57 and a beta of 1.40. Coursera, Inc. has a 12 month low of $5.76 and a 12 month high of $13.56.

Coursera (NYSE:COUR) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.12 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 firm had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same period last year, the company earned $0.09 earnings per share. The company’s 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. Sell-side analysts predict that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Coursera

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Coursera by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company’s stock valued at $81,964,000 after purchasing an additional 159,820 shares in the last quarter. Blueshift Asset Management LLC bought a new position in shares of Coursera during the 1st quarter valued at about $1,299,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Coursera by 3.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company’s stock valued at $6,933,000 after purchasing an additional 35,981 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Coursera by 34.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,649 shares of the company’s stock valued at $91,000 after purchasing an additional 3,521 shares in the last quarter. Finally, Jump Financial LLC lifted its holdings in shares of Coursera by 13.0% during the 1st quarter. Jump Financial LLC now owns 241,513 shares of the company’s stock valued at $1,608,000 after purchasing an additional 27,760 shares in the last quarter. Institutional investors own 89.55% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Cantor Fitzgerald restated an “overweight” rating and set a $13.00 target price on shares of Coursera in a report on Thursday, September 11th. UBS Group raised their target price on Coursera from $8.50 to $10.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Bank of America upgraded Coursera from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $7.00 to $12.00 in a report on Friday, July 25th. Needham & Company LLC restated a “buy” rating and set a $14.00 target price on shares of Coursera in a report on Monday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Coursera in a report on Wednesday, October 8th. 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. According to data from MarketBeat, Coursera presently has a consensus rating of “Hold” and an average target price of $11.63.

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.