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

Coursera, Inc. (NYSE:COUR) CAO Michele Meyers sold 3,500 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $10.27, for a total transaction 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 represents a 1.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Coursera Price Performance

Shares of NYSE:COUR opened at $10.65 on Tuesday. The stock has a market cap of $1.72 billion, a P/E ratio of -32.26 and a beta of 1.40. The firm has a fifty day moving average price of $11.15 and a 200 day moving average price of $9.64. Coursera, Inc. has a 1-year low of $5.76 and a 1-year high of $13.56.

Coursera (NYSE:COUR) last issued its quarterly earnings results on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The firm had revenue of $187.10 million during the quarter, compared to analysts’ expectations of $180.52 million. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. Coursera’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Scotiabank raised their target price on shares of Coursera from $9.00 to $11.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Coursera in a research note on Wednesday, October 8th. Needham & Company LLC restated a “buy” rating and issued a $14.00 target price on shares of Coursera in a research note on Monday. Loop Capital raised their target price on shares of Coursera from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, Zacks Research cut shares of Coursera from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.63.

Hedge Funds Weigh In On Coursera

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in 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 acquiring an additional 159,820 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Coursera by 2.6% during the second quarter. Geode Capital Management LLC now owns 3,057,118 shares of the company’s stock worth $26,784,000 after buying an additional 77,044 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Coursera by 7.7% during the first quarter. Deutsche Bank AG now owns 1,986,750 shares of the company’s stock worth $13,232,000 after buying an additional 141,745 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Coursera by 6.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,883,396 shares of the company’s stock worth $16,499,000 after buying an additional 115,898 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Coursera during the second quarter worth about $15,435,000. Hedge funds and other institutional investors own 89.55% 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.