Magnetar Financial LLC acquired a new stake in Coursera, Inc. (NYSE:COUR – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,268 shares of the company’s stock, valued at approximately $379,000.
Other large investors have also bought and sold shares of the company. Nuveen LLC bought a new stake in shares of Coursera in the 1st quarter valued at about $7,764,000. Acadian Asset Management LLC increased its position in Coursera by 125.4% during the 2nd quarter. Acadian Asset Management LLC now owns 1,466,353 shares of the company’s stock valued at $12,833,000 after purchasing an additional 815,745 shares during the period. Pacer Advisors Inc. bought a new position in Coursera during the 1st quarter worth approximately $4,132,000. Federated Hermes Inc. lifted its position in shares of Coursera by 125.3% in the 1st quarter. Federated Hermes Inc. now owns 1,076,727 shares of the company’s stock worth $7,171,000 after purchasing an additional 598,726 shares during the period. Finally, Ieq Capital LLC lifted its position in shares of Coursera by 715.4% in the 1st quarter. Ieq Capital LLC now owns 560,945 shares of the company’s stock worth $3,736,000 after purchasing an additional 492,155 shares during the period. 89.55% of the stock is owned by institutional investors.
Insider Activity at Coursera
In other news, CAO Michele M. Meyers sold 3,500 shares of Coursera stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $10.27, for a total transaction of $35,945.00. Following the completion of the transaction, the chief accounting officer directly owned 234,295 shares in the company, valued at $2,406,209.65. This trade represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alan B. Cardenas sold 24,631 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total transaction of $274,389.34. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 81,631 shares of company stock valued at $938,034. 16.80% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Report on COUR
Coursera Price Performance
Shares of COUR opened at $7.90 on Wednesday. Coursera, Inc. has a one year low of $5.76 and a one year high of $13.56. The company has a market cap of $1.32 billion, a PE ratio of -27.25 and a beta of 1.37. The stock has a 50-day moving average of $9.70 and a 200-day moving average of $9.83.
Coursera (NYSE:COUR – Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. Coursera had a negative return on equity of 4.75% and a negative net margin of 6.19%.The business 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 company earned $0.10 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. Coursera has set its Q4 2025 guidance at EPS. Analysts expect that Coursera, Inc. will post -0.28 EPS for the current fiscal year.
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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