100,431 Shares in Coursera, Inc. (NYSE:COUR) Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC acquired a new position in Coursera, Inc. (NYSE:COUR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,431 shares of the company's stock, valued at approximately $854,000. Aquatic Capital Management LLC owned approximately 0.06% of Coursera as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC acquired a new position in shares of Coursera during the fourth quarter worth $3,401,000. Penn Capital Management Company LLC acquired a new stake in shares of Coursera during the 4th quarter worth approximately $635,000. Hsbc Holdings PLC lifted its stake in Coursera by 27.1% in the fourth quarter. Hsbc Holdings PLC now owns 260,809 shares of the company's stock valued at $2,222,000 after buying an additional 55,678 shares during the last quarter. State of Tennessee Department of Treasury acquired a new position in Coursera during the 4th quarter valued at about $156,000. Finally, MetLife Investment Management LLC grew its holdings in Coursera by 6.0% in the 4th quarter. MetLife Investment Management LLC now owns 85,185 shares of the company's stock worth $724,000 after buying an additional 4,784 shares in the last quarter. 89.55% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Alan B. Cardenas sold 5,613 shares of the company's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $8.26, for a total value of $46,363.38. Following the transaction, the senior vice president now owns 180,413 shares in the company, valued at $1,490,211.38. This represents a 3.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 16.80% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on COUR. UBS Group upped their price objective on shares of Coursera from $7.50 to $8.50 and gave the stock a "neutral" rating in a report on Friday, January 31st. Telsey Advisory Group reiterated an "outperform" rating and set a $12.00 price objective on shares of Coursera in a research note on Tuesday, April 22nd. Morgan Stanley upped their target price on Coursera from $9.00 to $10.00 and gave the stock an "overweight" rating in a research report on Friday, April 25th. Bank of America reaffirmed an "underperform" rating and set a $7.00 price target on shares of Coursera in a research note on Thursday, March 27th. Finally, JPMorgan Chase & Co. dropped their price objective on Coursera from $8.00 to $7.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $9.31.

Coursera Trading Up 1.8 %

Shares of COUR traded up $0.16 during midday trading on Tuesday, hitting $8.76. The stock had a trading volume of 464,705 shares, compared to its average volume of 2,307,727. The business has a 50-day simple moving average of $7.26 and a two-hundred day simple moving average of $7.78. The firm has a market cap of $1.41 billion, a P/E ratio of -16.84 and a beta of 1.38. Coursera, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $11.74.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.04. The firm had revenue of $179.30 million during the quarter, compared to analyst estimates of $175.60 million. Coursera had a negative net margin of 11.45% and a negative return on equity of 9.42%. The company's revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $0.07 EPS. On average, analysts expect that Coursera, Inc. will post -0.28 earnings per share for the current fiscal year.

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.