Coursera, Inc. (NYSE:COUR) Short Interest Update

Key Points

• Short interest in Coursera, Inc. increased by 28.0% in August, reaching a total of 6,400,000 shares, indicating a growing bearish sentiment among investors.
• The company reported a revenue of $187.10 million for the last quarter, a 9.9% increase year-over-year, and it beat analysts' expectations by $6.58 million.
• Coursera's stock price recently rose to $11.33, and analysts have varying price targets, with recent estimates ranging from $10.00 to $15.00, reflecting mixed outlooks for the stock.

Coursera, Inc. (NYSE:COUR - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,400,000 shares, a growth of 28.0% from the August 15th total of 5,000,000 shares. Approximately 4.7% of the company's shares are sold short. Based on an average daily trading volume, of 2,900,000 shares, the short-interest ratio is currently 2.2 days. Based on an average daily trading volume, of 2,900,000 shares, the short-interest ratio is currently 2.2 days. Approximately 4.7% of the company's shares are sold short.

Insider Activity

In other news, CFO Kenneth R. Hahn sold 75,000 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $11.87, for a total transaction of $890,250.00. Following the completion of the transaction, the chief financial officer directly owned 1,075,853 shares in the company, valued at approximately $12,770,375.11. The trade was a 6.52% decrease in their position. The transaction 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 stock in a transaction that occurred on Wednesday, September 3rd. The shares were 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 owned 258,526 shares in the company, valued at $2,879,979.64. This represents a 8.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 189,631 shares of company stock valued at $2,225,604 over the last 90 days. 16.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Coursera

A number of hedge funds have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC acquired a new position in Coursera in the 2nd quarter valued at $4,617,000. State of Wyoming lifted its position in Coursera by 80.0% during the second quarter. State of Wyoming now owns 13,008 shares of the company's stock worth $114,000 after purchasing an additional 5,781 shares during the period. Tower Research Capital LLC TRC lifted its position in Coursera by 315.7% during the second quarter. Tower Research Capital LLC TRC now owns 20,105 shares of the company's stock worth $176,000 after purchasing an additional 15,269 shares during the period. Captrust Financial Advisors acquired a new stake in Coursera during the second quarter worth about $111,000. Finally, Man Group plc increased its holdings in Coursera by 63.8% in the 2nd quarter. Man Group plc now owns 491,973 shares of the company's stock valued at $4,310,000 after buying an additional 191,582 shares during the period. Institutional investors own 89.55% of the company's stock.

Coursera Trading Up 0.6%

Shares of COUR traded up $0.07 during mid-day trading on Friday, reaching $11.66. The company's stock had a trading volume of 3,739,431 shares, compared to its average volume of 2,217,824. Coursera has a 1-year low of $5.76 and a 1-year high of $13.56. The business has a 50-day simple moving average of $11.12 and a two-hundred day simple moving average of $9.05. The stock has a market cap of $1.88 billion, a P/E ratio of -35.33 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $187.10 million for the quarter, compared to analyst estimates of $180.52 million. During the same quarter in the prior year, the business earned $0.09 EPS. Coursera's quarterly revenue was up 9.9% on a year-over-year basis. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts anticipate that Coursera will post -0.28 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on COUR shares. Scotiabank increased their target price on shares of Coursera from $9.00 to $11.00 and gave the stock a "sector perform" rating in a report on Friday, July 25th. JPMorgan Chase & Co. upped their price objective on shares of Coursera from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Needham & Company LLC reiterated a "buy" rating and set a $11.00 target price on shares of Coursera in a report on Monday, July 21st. Royal Bank Of Canada boosted their target price on Coursera from $10.00 to $13.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, KeyCorp restated an "overweight" rating and issued a $12.00 price target (up from $11.00) on shares of Coursera in a report on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $11.40.

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.