Coursera (NYSE:COUR) CFO Kenneth Hahn Sells 20,364 Shares

Key Points

• CFO Kenneth Hahn sold 20,364 shares of Coursera at an average price of $11.46, totaling $233,371.44, decreasing his position by 2.03%.
• Coursera's stock is currently valued at $10.53, showing a trading volume of 3,656,377 shares, above its average volume.
• Analyst ratings for Coursera include seven "Buy" ratings, six "Hold" ratings, and one "Sell" rating, with a consensus price target of $11.40.

Coursera, Inc. (NYSE:COUR - Get Free Report) CFO Kenneth Hahn sold 20,364 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $11.46, for a total transaction of $233,371.44. Following the completion of the sale, the chief financial officer directly owned 983,683 shares of the company's stock, valued at approximately $11,273,007.18. The trade was a 2.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Coursera Stock Performance

NYSE COUR traded down $1.43 during trading on Wednesday, hitting $10.53. The stock had a trading volume of 3,656,377 shares, compared to its average volume of 2,266,013. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of -31.89 and a beta of 1.40. Coursera, Inc. has a one year low of $5.76 and a one year high of $13.56. The stock has a 50 day simple moving average of $10.70 and a 200 day simple moving average of $8.88.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $187.10 million during the quarter, compared to the consensus estimate of $180.52 million. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The firm's quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.09 earnings per share. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Coursera, Inc. will post -0.28 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Coursera from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 16th. Scotiabank lifted their price target 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. Wall Street Zen raised shares of Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $14.00 price target on shares of Coursera in a research note on Friday, August 15th. Finally, Cantor Fitzgerald lifted their price target on shares of Coursera from $10.00 to $13.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $11.40.

Hedge Funds Weigh In On Coursera

Institutional investors have recently bought and sold shares of the business. ProShare Advisors LLC increased its holdings in Coursera by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 38,746 shares of the company's stock valued at $329,000 after buying an additional 12,749 shares during the period. Blueshift Asset Management LLC purchased a new position in Coursera during the first quarter valued at approximately $1,299,000. Vanguard Group Inc. increased its holdings in Coursera by 1.3% during the first quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company's stock valued at $81,964,000 after buying an additional 159,820 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Coursera by 3.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company's stock valued at $6,933,000 after buying an additional 35,981 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Coursera by 34.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,649 shares of the company's stock valued at $91,000 after buying an additional 3,521 shares during the period. 89.55% of the stock is owned by hedge funds and other institutional investors.

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.

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