Total Clarity Wealth Management Inc. bought a new position in Coursera, Inc. (NYSE:COUR – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 20,934 shares of the company’s stock, valued at approximately $183,000.
Other institutional investors also recently bought and sold shares of the company. Quarry LP boosted its stake in Coursera by 1,848.6% in the 1st quarter. Quarry LP now owns 4,131 shares of the company’s stock worth $28,000 after purchasing an additional 3,919 shares in the last quarter. State of Wyoming lifted its stake in Coursera by 85.9% during the 1st quarter. State of Wyoming now owns 7,227 shares of the company’s stock valued at $48,000 after acquiring an additional 3,340 shares during the period. Pale Fire Capital SE acquired a new stake in Coursera during the 1st quarter valued at approximately $67,000. Xponance Inc. acquired a new stake in Coursera during the 1st quarter valued at approximately $69,000. Finally, Inspire Advisors LLC acquired a new stake in Coursera during the 1st quarter valued at approximately $75,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
COUR has been the subject of several research reports. JPMorgan Chase & Co. lifted their price objective on shares of Coursera from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. Needham & Company LLC restated a “buy” rating and set a $11.00 price objective on shares of Coursera in a research note on Monday, July 21st. Scotiabank lifted their price objective on shares of Coursera from $9.00 to $11.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. Cantor Fitzgerald restated an “overweight” rating and set a $13.00 price objective on shares of Coursera in a research note on Thursday, September 11th. Finally, Royal Bank Of Canada lifted their price objective on shares of Coursera from $10.00 to $13.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.40.
Coursera Price Performance
COUR opened at $10.23 on Wednesday. The firm has a fifty day moving average price of $11.30 and a 200 day moving average price of $9.51. Coursera, Inc. has a 1 year low of $5.76 and a 1 year high of $13.56. The stock has a market cap of $1.65 billion, a P/E ratio of -30.98 and a beta of 1.40.
Coursera (NYSE:COUR – Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The firm had revenue of $187.10 million during the quarter, compared to analysts’ expectations of $180.52 million. During the same period in the previous year, the business posted $0.09 EPS. 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. Equities analysts expect that Coursera, Inc. will post -0.28 EPS for the current year.
Insider Buying and Selling
In related news, CFO Kenneth R. Hahn sold 29,636 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were 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 approximately $11,419,942.59. The trade was a 3.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Alan B. Cardenas sold 24,631 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the sale, the senior vice president directly owned 258,526 shares of the company’s stock, valued at approximately $2,879,979.64. The trade was a 8.70% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 193,131 shares of company stock valued at $2,265,189. 16.80% of the stock is owned by corporate insiders.
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.
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