Connor Clark & Lunn Investment Management Ltd. Has $7.45 Million Holdings in Coursera, Inc. $COUR

Connor Clark & Lunn Investment Management Ltd. lifted its position in Coursera, Inc. (NYSE:COUR) by 24.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 850,935 shares of the company’s stock after acquiring an additional 168,350 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Coursera were worth $7,454,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC purchased a new stake in shares of Coursera in the second quarter valued at $94,000. Hussman Strategic Advisors Inc. purchased a new position in shares of Coursera during the second quarter valued at $920,000. Teacher Retirement System of Texas raised 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 buying an additional 1,110 shares during the period. Y Intercept Hong Kong Ltd lifted its stake in Coursera by 967.2% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 218,179 shares of the company’s stock worth $1,911,000 after acquiring an additional 197,734 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Coursera by 102.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company’s stock worth $32,000 after acquiring an additional 1,852 shares during the period. 89.55% of the stock is currently owned by hedge funds and other institutional investors.

Coursera Stock Up 0.9%

Shares of COUR opened at $8.50 on Thursday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -29.29 and a beta of 1.37. The company’s fifty day moving average is $10.25 and its 200-day moving average is $9.85. Coursera, Inc. has a 12 month low of $5.76 and a 12 month high of $13.56.

Coursera (NYSE:COUR) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $194.20 million during the quarter, compared to analysts’ expectations of $190.33 million. Coursera had a negative net margin of 6.19% and a negative return on equity of 4.75%. Coursera’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 earnings per share. Coursera has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and issued a $14.00 target price on shares of Coursera in a report on Monday, October 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Coursera in a research report on Wednesday, October 8th. Royal Bank Of Canada upped 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. JPMorgan Chase & Co. lifted their target price 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. Finally, KeyCorp restated an “overweight” rating and set a $12.00 price target (up from $11.00) on shares of Coursera in a report on Friday, July 25th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $12.36.

Insider Transactions at Coursera

In other news, SVP Alan B. Cardenas sold 24,631 shares of the 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 transaction, the senior vice president owned 258,526 shares of the company’s stock, valued at approximately $2,879,979.64. This represents a 8.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Michele M. Meyers sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $10.27, for a total value 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. The trade was a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 109,131 shares of company stock worth $1,265,884. 16.80% of the stock is owned by corporate insiders.

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.